Get started

YGGUSDT

YGGUSDT: Blooming from Support, Riding the Bullish Wave! 🚀🌺Introduction: 🌐 Get ready for a vibrant ride in the crypto garden with YGGUSDT! Traders are diving into a long position from $0.386, as the asset bounces off a support zone. Let's explore the blossoming details of this bullish trade. Trade Details: 💰 The long position (#YGGUSDT) blooms from $0.386, with a stop-loss set at $0.344. The rationale behind this move lies in the asset's rebound from a support zone, with expectations of a buyer's reaction. Technical Analysis: 📊 On the 1-hour timeframe, YGGUSDT has gracefully bounced from a support zone, creating a scenario where the trader eagerly awaits a buyer's reaction. With increasing volumes in the order book, the anticipation is high for a breakout and subsequent movement towards a test or crossover, leading to a journey into the liquidity zone. Expectations and Strategy: 🎯 The plan unfolds with entering the position at the current price or at $0.386. With the potential for one averaging down at the trader's discretion, it's a bullish cross into promising territory. Trade Target: 🚀 The trader anticipates a breakout and subsequent movement towards testing or crossing over, riding the bullish wave with the aim of reaching liquidity zones. Conclusion: 🌺 YGGUSDT offers a blossoming opportunity to ride the bullish wave. Traders, gear up for a colorful journey into potential profits as you navigate the vibrant crypto garden! 🚀🌈
by RICHI_CRYPTO_SIGNAL
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/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
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