Yearn.Finance (YFI) Starts To Move (Target + Full Trade)

Mar 8, 2021

We are active with YFIBTC (Yearn.Finance), we are back challenging the EMA50 line... Let's have a look.

First, here is the full trade details for those interested:

EMA50 is the bold magenta line, this indicator/level has been working as resistance just like EMA100, the blue line.

Right now, this is the next target for YFIBTC, which is 0.9565 or EMA100.

If this level is conquered, we go to MA200 (black line) or higher.

YOu can check the full details or the above chart for additional information.

Conditions for change
If prices drop, we have support first at EMA10 follow by the orange trendline.

Lower than this, we look at the last low on the 5th of November... This is not financial advice.

Thanks a lot for reading.

Namaste.