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YGG

YGG/USDT Breakout the Bullish Pennant! Bullish Momentum for YGG💎 YGG has recently demonstrated notable market dynamics, breaking out of the Bullish pennant pattern, signaling bullish momentum for continued upward movement. 💎 The trend appears to be strongly bullish, consistently forming new higher highs. With this breakout, YGG may likely reach our target area near the bearish Order Block (OB). 💎 However, if YGG fails to sustain upward momentum and experiences a false breakout, there's potential for the price to retreat to the demand area to establish new momentum, or even descend towards the support of the bullish trendline. 💎 The support provided by the bullish trendline is a crucial level, necessitating a bounce to sustain upward movement. Conversely, if this support level is breached, it could indicate a bearish shift, prompting further downward movement.
by MyCryptoParadise
1
YGG LOOKS BEARISHOn the chart, even though we don't have bearish CH yet, strong resistances have been created. The most important thing we have on the chart is a large liquidity pool, which we have identified in $$$. From the supply range, we expect price rejection towards the targets specified on the chart. We also specified the invalidation level on the chart. Closing a daily candle above this 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
by behdark
4
YGG/USDT Keep an eye on the demand area potential back retesting💎YGG has undoubtedly attracted significant attention in the market. Currently, it appears to be on a downward trajectory, heading towards the demand area for a retest and the potential to create new momentum. 💎 Historically, when YGG has approached the demand area, it has often resulted in a bounce, followed by an upward movement, with the possibility of aiming for the strong resistance area. 💎 However, if YGG fails to bounce upon reaching the demand area and instead consolidates in that region, this could be a concerning sign. 💎 Such a scenario could indicate potential weakness, with the price potentially breaking below the demand area and continuing its downward movement towards the support area, or even further down.
by MyCryptoParadise_Nathan
YGG IS A BOMB!Examining the YGG chart, I noticed that a double correction structure is ending in this symbol. The primary correction is a diametric and the secondary correction is a triangle, which now looks like a finished triangle By keeping the green boxes, it can move towards the targets. Numbers are targets. Note: This symbol has a small volume, control the risk. 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
Long
by behdark
2
YGG/USDT Going for an Explosive Bull Run? 👀🚀YGG Analysis💎 Paradisers, focus on #YGGUSDT, as it's currently showcasing an impressive trajectory in the market. The asset is signaling a significant potential for an upward trend from its current demand zone. 💎 A thorough analysis of #YieldGuildGames' recent market trends shows a clear downward pattern. After encountering resistance at $0.669 and experiencing a pullback, YGG now appears ready for a bullish rise from the demand zone at $0.512. If YGG can sustain its level above this zone, it may target the next major supply level at $0.93. 💎 However, given the fluctuating nature of the crypto market, #YGG traders must be prepared for different possibilities. If YGG faces a challenge in maintaining its momentum at this demand level, it might be wise to prepare for a bullish resurgence from a lower support level at $0.357. 💎 A decline below this support threshold would necessitate a reassessment of trading strategies, possibly indicating challenges in sustaining a bullish market trend. 💎 Stay vigilant and adaptable, Paradisers. Your ParadiseTeam is here to provide you with the most current market insights and strategies, ensuring you are fully equipped to handle these market shifts.
Long
by MyCryptoParadise_Simon
2
YGG/USDT Break the bullish continuation pattern. Continue Trend?💎 YGG has recently become a significant point of interest in the market, currently making a breakout from a bullish flag pattern. Should YGG manage to break through its resistance zone, it could set the stage for a continued upward trend, potentially heading towards the supply area. 💎 However, if YGG struggles to overcome the resistance, it may face a downturn, prompting a retest at the demand zone around $0.378. The ability to bounce back in this demand zone is crucial; failing to do so could signal a weakening in the area. If YGG fails to rebound, it could validate a false breakout, leading to a potential retest at the lower demand level of $0.328. 💎 A more concerning scenario would unfold if YGG also breaches the demand area at $0.328. This would indicate a shift to a bearish trend, potentially leading YGG on a downward path towards a significant support zone.
by MyCryptoParadise
YGG/USDT Ready to Continue Upward movement ??? 💎 YGG's recent market performance has undoubtedly turned heads. The coin's trajectory, marked by its breakout from the ascending triangle pattern, is further validated by its subsequent retesting phase. 💎 This suggests that YGG is primed probability for a continued upward trajectory, with the supply area being the next anticipated target. However, the volatile nature of the crypto market means that there's always a chance for YGG to retrace its steps and test the resistance trendline of the ascending triangle, aiming to gather more momentum for another upward push. 💎 A potential bearish scenario could unfold if YGG revisits the support zone between $0.270 - $0.260 and fails to uphold its position. Should YGG falter and breach this support zone, it could trigger a bearish trend. This downturn might see YGG descending further, potentially targeting the demand area. In a more pessimistic scenario, YGG could even gravitate towards its key support area, emphasizing the ever-present balance between bullish optimism and bearish caution in the crypto realm.
by MyCryptoParadise_Nathan
1
YGG │ 10.10.2023BINANCE:YGGUSDT.P Signals for level breakout bar closure near the level; bar closure near its high/low; close retest of the level; accumulation of energy for level breakout; consolidation near the level; there is no reaction to a strong instrument movement; there is a reserve of calculated ATR; there is a reserve of technical ATR; Trade Parameters Open : 0.22697; Take profit : 0.21910; 0.21647; 0.21384; Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Short
by phoenix_995
YGG/USDT We will see Significant Upward movement if YGG Break💎 Paradisers, YGG has certainly piqued our interest. Currently stationed at a formidable resistance zone, YGG's historical behavior indicates a pattern of rejections upon reaching this threshold. 💎 Previously, after breaking out of the descending channel pattern, YGG experienced a robust upward trajectory. However, upon encountering the strong resistance, it faced a sharp decline, retreating to retest the breakout support zone. Given the current chart dynamics and the powerful bullish candle that closed yesterday, there's a heightened potential for YGG to breach this resistance. 💎 On the flip side, if YGG once again struggles to surpass this resistance, we might witness a pronounced pullback. In such a scenario, YGG could revert to its support zone, aiming to fortify its position. A bounce from this level could set the stage for another attempt at the resistance. However, prolonged consolidation at the support might risk a breakdown, potentially sending YGG towards the more pronounced demand zone.
by MyCryptoParadise
1
TOMO WAITING GAME: Ascending Triangle On this hourly chart of BINANCE:TOMOUSDT , the coin forms an ascending triangle pattern. For this instance, there could be an imminent breakout or breakdown. This week can have a massive movement of the coin as the shape of a month-long triangle spans until approximately Wednesday as the price is squeezing inside as of today, so let's wait for the next days ahead and add this coin to your crypto watchlist. In analyzing the price movement, if a support breakdown happens, potentially hitting the support lines through a Fibonacci retracement from swing low to swing high. On the other note, a breakout occurs through the price overlapping the vertical resistance and potentially retesting to assess its firmness and identifying it as a possible new support line along with other key resistance lines. Always plan your trades by identifying take profit and stop loss areas for security. Moreover, discipline, one example is PATIENCE. Have a great week ahead, and happy trading!
T
by luigi360swirl
Detailed YGGUSDT AnalysisI actually shared this 40% rise with you but Tradingview banned my analysis after 2 days . I opened a ticket for them to help me but they responded negatively. The only thing they could have done was to delete OKX from the title :) In the previous analysis I said I would buy from the green box , if you want to take a look: prnt.sc Anyway, I will continue the rest of the analysis here. If the price crosses the red dashed line, I think it will continue until the resistance point at $0.32. In case of a possible pullback, it might make sense to look for confirmation above the $0.22 levels. Rebound purchases may occur.
by Efloud
16
YGGUSDT levels for long tradeThe price hit the daily support DS1 on this drop and bounced strongly from there. However, this bounce was resisted by 4h resistance 4HR1 and the price reversed from there. The price is trading currently between 4h support 4HS1 and 4h resistance 4HR1. A long is favorable from 4h support 4HS1. However, there is a hourly support HS1 sitting in between which may also provide the bounce for a long trade. Ideal would be to allocate some size at hourly support HS1and major portion of the position at 4h support 4HS1. The first target for this long idea would be 4h resistance 4HR1. If price move extends beyond there, then the next relevant resistance level is daily resistance DR1.
Long
by angela_altair
3