Yearn Finance (YFIUSDT) delivered remarkable profits on the 4-hour timeframe, leveraging the precision of the Risological swing trading indicator. The trade capitalized on a strong bullish momentum, hitting all defined targets with ease.
Key Levels:
TP1: 5117 ✅ TP2: 5587 ✅ TP3: 6057 ✅ TP4: 6348 ✅
Technical Analysis: The trade initiated at an entry price of 4827, confirmed by strong bullish cues from the Risological trend line. These indicators consistently highlighted upward momentum, guiding the trade through multiple profit-taking levels.
The stop-loss, placed at 4592, provided a secure cushion against potential reversals, although the bullish trajectory remained uninterrupted. YFI demonstrated a steady ascent, achieving all targets within the anticipated time frame.
This setup underscored the efficacy of the Risological swing trading indicator in capturing and maximizing profits during a trending market.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.