Yearn-Finance Hits Bottom? (1,000%+ Possible)

28 ago

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...

Namaste.