Look at this chart, pretty interesting. Yearn-Finance has been on a major downtrend since May 2021. In July 2024, price action went flat, likely the bottom.
➖ After such a strong bearish cycle, a bullish wave could be huge.
Since we are seeing bullish action now after more than three years of bearish action, we can expect at least 2-3X from this move. Since this is more likely than not a reversal, then even higher is possible.
We will keep it simple as I just wanted to call this pair to your attention. Maybe it turns out into a good opportunity.
➢ Potential can go beyond 1,000% long-term.
This can be approached in two difference ways:
1) With a tight stop: Very low risk with a high potential for reward. 2) Long-term hold accumulation: Buy. If it drops, buy more. If it drops, wait/buy more; forever...
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.