Londinia Opportunities Analyses - 04/28/2024 (GMT) YEARN.FINANCE - YFI/BTC - 1H
| Type: | Cryptocurrencies |
| Ticker: | YFIBTC |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.111077 BTC
My targets
0.113800 BTC (+1.43%)
0.122293 BTC (+9.00%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on YEARN.FINANCE - YFI/BTC as long as the price remains well above 0.111077 BTC. The buyers' bullish objective is set at 0.113800 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.122293 BTC. If there is any crossing, the next objective would be the resistance located at 0.137061 BTC. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
Additional analysis
Quotes
The YEARN.FINANCE - YFI/BTC rating is 0.112200 BTC. The price has increased by +0.54% since the last closing and was traded between 0.111600 BTC and 0.112200 BTC over the period. The price is currently at +0.54% from its lowest and 0% from its highest.0.111600
0.112200
0.112200
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of YEARN.FINANCE - YFI/BTC indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.110240 | 0.111077 | 0.111980 | 0.112200 | 0.113800 | 0.137061 | 0.164274 |
| Change (%) | -1.75% | -1.00% | -0.20% | - | +1.43% | +22.16% | +46.41% |
| Change | -0.001960 | -0.001123 | -0.000220 | - | +0.001600 | +0.024861 | +0.052074 |
| Level | Minor | Intermediate | Minor | - | Minor | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.107242 | 0.108233 | 0.109917 | 0.110908 | 0.112592 | 0.113583 | 0.115267 |
| Camarilla | 0.110864 | 0.111110 | 0.111355 | 0.111600 | 0.111845 | 0.112090 | 0.112336 |
| Woodie | 0.107588 | 0.108406 | 0.110263 | 0.111081 | 0.112938 | 0.113756 | 0.115613 |
| Fibonacci | 0.108233 | 0.109255 | 0.109887 | 0.110908 | 0.111930 | 0.112562 | 0.113583 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.099883 | 0.103107 | 0.107353 | 0.110577 | 0.114823 | 0.118047 | 0.122293 |
| Camarilla | 0.109546 | 0.110231 | 0.110915 | 0.111600 | 0.112285 | 0.112970 | 0.113654 |
| Woodie | 0.100395 | 0.103363 | 0.107865 | 0.110833 | 0.115335 | 0.118303 | 0.122805 |
| Fibonacci | 0.103107 | 0.105960 | 0.107723 | 0.110577 | 0.113430 | 0.115193 | 0.118047 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.093663 | 0.109087 | 0.118752 | 0.134176 | 0.143841 | 0.159265 | 0.168930 |
| Camarilla | 0.121517 | 0.123816 | 0.126116 | 0.128416 | 0.130716 | 0.133016 | 0.135316 |
| Woodie | 0.090783 | 0.107647 | 0.115872 | 0.132736 | 0.140961 | 0.157825 | 0.166050 |
| Fibonacci | 0.109087 | 0.118671 | 0.124592 | 0.134176 | 0.143760 | 0.149681 | 0.159265 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 65.50 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 24.688361 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.111480 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.110305 | |
| Elder Ray (13): | 0.000629 | |
| Super Trend (3,10): | 0.110724 | |
| Zig ZAG (10): | 0.111800 | |
| VORTEX (21): | 1.2466 | |
| Stochastique (14,3,5): | 95.48 | |
| TEMA (21): | 0.111674 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.001700 | |
| Repulse (5,40,3): | 0.3701 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0473 | |
| Courbe Coppock: | 1.82 |
| MA7: | 0.110529 | |
| MA20: | 0.111251 | |
| MA50: | 0.123971 | |
| MA100: | 0.141110 | |
| MAexp7: | 0.111458 | |
| MAexp20: | 0.110840 | |
| MAexp50: | 0.110385 | |
| MAexp100: | 0.110185 | |
| Price / MA7: | +1.51% | |
| Price / MA20: | +0.85% | |
| Price / MA50: | -9.49% | |
| Price / MA100: | -20.49% | |
| Price / MAexp7: | +0.67% | |
| Price / MAexp20: | +1.23% | |
| Price / MAexp50: | +1.64% | |
| Price / MAexp100: | +1.83% |
Quotes :
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Real time data
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Cryptocompare