Is #YGGUSDT on the Edge of a Bullish Breakout or Another Drop?Yello, Paradisers! Is #YGG ready for a bullish breakout or another fall? Let's look at the latest analysis of #YieldGuildGames and see what's happening:
💎Currently, #YGGUSDT is retesting the descending resistance of its descending channel, a level it has tested multiple times in the past. While this is an encouraging sign, Yield Guild Games needs to maintain momentum here to keep bullish hopes alive. Without it, any breakout from the channel remains speculative.
💎The key for #YGG lies at $0.584—the critical internal resistance level. A decisive break above this zone could signal strength and open the doors to sustained bullish momentum. Such a breakout would likely come with clear, engulfing candles and robust trading volume, both signals of genuine market conviction.
💎That said, the risk of failure looms large. If #YGG fails to breach $0.584, sellers could regain control. In this scenario, the focus shifts to the $0.371 demand zone, which would act as a critical support level. A bounce from here could attract fresh buying interest, keeping hopes for a rebound alive.
💎But if $0.371 fails to hold, things could get grim. A break below this level would likely drive #YGG towards the $0.256-$0.281 major support zone. Losing this area could signal a deeper downtrend, marking a pivotal turning point for #YGG’s trajectory.
Don’t let FOMO get the best of you; wait for clear confirmations before making your move.
MyCryptoParadise
iFeel the success🌴
YGG
#YGG/USDT#YGG
The price is moving in an ascending channel on the 12-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.3400
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.4700
First target 0.6150
Second target 0.7390
Third target 0.8960
Alikze »» ENJ | 1H ascending channel🔍 Technical analysis: 1H ascending channel
- It is moving in an ascending channel in the 1H time frame.
- After the formation of a triple roof in the area of the canal roof, it has been modified.
- A demand has been created in the range of the green box.
- Therefore, with a short-term correction, it can grow first to the middle of the channel and then to the ceiling of the channel.
💎 Alternative scenario: In addition, if the green box is broken, it can continue the correction step until the correction request area.
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BINANCE:ENJUSDT
Alikze »» NOT | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a descending channel in short-term time frames of 12H.
- Currently, it is in the middle of the channel, which is suffering in the liquidity area.
- If the current zone is broken, the correction can continue until the bottom zone of the descending channel, the range of 0.0061.
- In addition, if the bottom of the channel is broken, the next support zone can touch the 0.00458 range, which is the demand zone.
💎 Alternative scenario: If the liquidity zone is maintained in the middle of the channel, the first target can touch the ceiling of the channel.
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BINANCE:NOTUSDT
Alikze »» MKR | Bullish Flag🔍 Technical analysis: Bullish Flag
- It has been moving in an ascending channel in the daily and weekly time frames.
- According to the analysis presented in the previous post, there has been a modification to the bottom of the channel and the ceiling of the previous major.
- There is now an ascending flag form with a pullback to the broken cap structure of the major.
- Therefore, if the green box meets the demand, according to the momentum and corrective structure of wave 4, it can have targets of 5000-5600-6250 up to Fibo 1.618. To continue the path, it must be above 2500 dollars to touch the specified goals.
💎 Alternative scenario: In addition, according to the previous analysis, if the green box breaks down, the next target can be the range of $1250.
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Alikze »» MAVIA | Descending channel failure.?🔍 Technical analysis: Descending channel failure.?
- It is moving in a descending channel in the 8H time frame.
- There is a demand in the green box and the middle of the channel.
- It is currently at the ceiling of the descending channel.
- Due to the upward momentum, it can continue its growth after breaking the channel with the limited support of 1.56 to the specified supply area.
💎 Alternative scenario: In addition, if it faces selling pressure in the area of the ceiling of the channel and stabilizes below the range of 1.56, it can continue the correction to the middle area of the channel and the green box.
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BYBIT:MAVIAUSDT
Alikze »» HFT | Support at the bottom of the descending channel🔍 Technical analysis: Support at the bottom of the descending channel
- It is moving in a downward channel in the daily and 12H time frames.
- Currently, there is demand in the area of the bottom of the descending channel and the beginning of the movement.
- Therefore, if this demand continues in the range of the green box, it can continue its growth up to 0.195 first.
- In addition, if it stabilizes at the top of the range, it will succeed so that the supply range and channel ceiling have an upward trend.
💎 Alternative scenario: if it cannot maintain the green box area and the bottom of the channel, this correction can continue up to the range of 0.0977.
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BINANCE:HFTUSDT
Alikze »» IMX | Head and shoulder pattern scenario🔍 Technical analysis: Head and shoulder pattern scenario
- In the weekly frame time, there was a three -wave move that has grown to 1.272 for its previous wave.
- According to the analysis presented before leaving the triangle density in the 4th wave of correction, it succeeded in the supply zone of growth and defeat it.
- After that, it faced a lack of stability at the top of the supply zone.
-This unsuccessful failure area of the supply area is a head and shoulder pattern.
- Currently, there is a currency pattern that can have a growth of a dynamic trigger.
- If the line is broken, the head and shoulder pattern will be approved and can be modified in the first step until the Golden Zone, and then the Priz area will continue and even move to the origin of the movement.
💎 Replacement scenario: If it can be removed from the corner, it can test the supply area, but the head and shoulder pattern will not be valid until the supply zone is broken and will confirm the pattern by defeating the line.
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Alikze »» SUSHI | Complementary wave C scenario🔍 Technical analysis: Complementary wave C scenario
- In the previously presented analysis, the C wave stopped at 0.78 fibo of the previous wave.
- It is currently moving in a descending channel in the 2D time frame.
- There is an FVG gap and it is now in the middle of the channel, which is also symmetrical with the 0.78 Fibo range.
- If it faces selling pressure again after filling this gap, it can touch the specified areas in the continuation of the completion of wave C.
- Therefore, according to the current downward momentum, the pullback can be a broken structure.
💎 Alternative scenario: In addition, if it can break the neckline upwards after filling the FVG gap and exit the descending channel, it can retest the supply zone.
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Alikze »» FORTH | Descending channel🔍 Technical analysis: Descending channel
- The 4H frame time is moving in a descending channel.
- Currently, in a limited range, the rangeing of a corporate pattern can have a downward refinement by testing the area.
- Therefore, if it is exposed to a sales pressure after colliding with a dynamic trigger and the range of sale, it can have a 273 and green box.
💎 Alternative scenario: If it can defeat the red box and the dynamic trigger, it can test the decline channel roof.
🛑 Resistance range: 3.22 - 3.32
🟩 Support range: 2.54-2.64
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Alikze »» YGG | Pullback to broken structure🔍 Technical analysis: Pullback to broken structure
- According to the previous analysis presented in the 12H time frame, after reacting to the PRZ zones, it faced selling pressure, which finally continued to the specified zone of 0.58 correction.
- Currently, it has infiltrated the sub-region in the 12H time frame.
- Therefore, if this return continues up to the supply range and the middle of the descending channel and then faces selling pressure, the downward trend can continue up to the range of 0.39.
💎 Alternative scenario: if this reversal breaks the supply zone with strength and meets demand in the middle of the channel, the first target near that range will be 0.78, and if the zone is maintained, it can move up to the channel ceiling and the specified supply range.
🛑 Resistance range: 0.5859 - 0.6836
🟩 Support range: 0.3906
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Alikze »» YGG | Ready to break the PRZ !In 12H time, it is moving in an ascending channel, which has had three reactions to the dynamic trigger or the bottom of the channel so far.
💎 Therefore, this trigger or ascending channel can be considered valid. However, it has had two negative reactions at the ceiling of the channel in the resistance range, which has not been able to stabilize above this channel, which has led to two fake breaks and has faced supply and selling pressure.
💎 Finally, it formed a double ceiling in the ceiling of the channel, after which it encountered a zigzag correction and reacted positively to the trigger in the green box range.
💎 The first scenario: but it is currently in the PRZ1 range, if it can stabilize above it, it can rise to the PRZ2 area, which also has an FVG gap.
💎 Alternative scenario: But if this area does not have the ability, the alternative scenario is to retest the channel floor, and if it is lost, it can continue to the next node of the green box area.
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YGG looks bullish (4H)We have a large diametric on the chart. We seem to be at the end of the F wave.
If there is a pullback on the green range, we will look for buy/long positions.
The target is clear on the chart
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
YGG/USDT It looks triple bottom, Bullish momentum for YGG💎 Paradisers, #YGG is indeed a coin worth monitoring closely.
💎 It appears that YGG has experienced a strong bounce from the key support area, potentially forming a triple bottom pattern, which is a bullish reversal pattern.
💎 To validate this pattern, YGG needs to break out above the resistance level of 1.06. If successful, this breakout could signal a return to bullish momentum, potentially leading YGG to reach our target supply zone area.
💎 However, if YGG fails to break above the resistance and faces rejection, it may resume its downward movement, retracing back to test the key support area around 0.74 - 0.69.
💎 Based on historical price action, YGG has shown a tendency to bounce when reaching this support zone. Therefore, if YGG revisits this area, there is potential for another bounce, potentially reversing the downtrend and aiming to break above the key resistance level at 1.06.
💎 The bullish invalidation scenario would come into play if YGG fails to bounce from the key support area and the daily candle closes below it. This would confirm bearish sentiment and could lead to further downward movement and deeper dips.
MyCryptoParadise
iFeel the success🌴
YGG / YGGUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
YGG target $1712h time frame
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YGG increased over 100% while broke out its prevailing resistance zone of a huge rounding bottom structure. Price is still testing this zone that had been converted to support at approximately $0.86, this price zone aligns closely with YGG's 0.382 Fibonacci projection, an attractive point to purchase YGG. Also, current market cap is around 300 million, a conservative target is set at $17 with total supply when bull push its cap to 15 billion.
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Bull target: $17~$20
YGG/USDT Bullish Potential from Support Zone? 🚀YGG Analysis💎 Paradisers, let’s dive into the intriguing dynamics of #YGGUSDT! Currently, it’s displaying a pattern that has caught our attention in the market. Positioned within a key support zone, it’s aligning itself for a potential bullish advance.
💎 As we assess the price of SET:YGG , it’s crucial to note that it’s hovering around the key support at $0.8127. If the price successfully sustains momentum at this level, there’s a significant probability of a planned bullish move. With sustained upward momentum following a retest of this support, the target lies above the strong resistance at $1.7709.
💎 However, in the unpredictable world of crypto trading, being prepared for various outcomes is essential. Should #YGG struggle to maintain its level within the support zone, a strategic shift may be necessary. Consider preparing for a bullish resurgence from a lower support level at $0.6480. Caution is advised, as falling below this support level could signal a shift toward a bearish trajectory. Stay vigilant and adapt to market movements!.
MyCryptoParadise
iFeel the success🌴
YGG/USDT Potential YGG will back test on the support and bounce!💎 Paradisers, #YGG has recently encountered significant market dynamics. Currently, it appears that YGG is retracing toward the support zone for potential backtesting after encountering strong resistance at the supply zone.
💎 If #YGG successfully bounces from the support area, there is potential for the price to resume its upward movement and retest our target area.
💎 However, if #YGG fails to find support at the current level and breaks down below the support zone, the next likely destination is another support area. In such a scenario, it becomes crucial for #YGG to bounce from this level and reclaim the price above the demand zone to maintain its upward trajectory.
💎 Should #YGG fail to bounce and continue to decline, it may confirm a bearish trend, leading to further downward movement.
YGG will jump soonFrom the place we inserted "start" on the chart, it looks like a diametric has started.
The green range is a strong demand range. By maintaining this range, it is expected to move towards TPs.
Wave D seems to be over now and is entering a bullish wave E.
Closing a candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You