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YGG / TetherUS

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YGGUSDT trade ideas

Yield Guild Games (YGG)- Bullish divergenceOn the above daily chart price action has corrected 95% since November. A number of reasons now exist to be bullish, including: 1) The ‘incredible buy’ signal. 2) Regular bullish divergence . Multiple oscillators are currently printing positive divergence. 3) The 3-day BTC prints the same conditions as 1 and 2 (below). Is it possible price action falls further? For sure. Is it probable? Very unlikely. Good luck! Ww PS: I’m not trading this so please ask below for updates. Type: trade Risk: <=6% of portfolio Timeframe: 1 to 4 months Return: 7x / $2.40 3-day BTC chart
Long
by without_worries
74
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🌴
by MyCryptoParadise
YGG target $1712h time frame - 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. - Bull target: $17~$20
Long
by EthanTW
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🌴
Long
by MyCryptoParadise
YGG X Right Price for Early April, 2024 YGG X Right Price for Early April, 2024 as follow: YGG retest completed lets find the accumulation prices until distribution prices for early April, 2024. First new support = $1.6569 follow by $16609 $1.6815 $1.6752 $1.6913 $1.7119 $1.7285 with touch of $1.307 First Execution = $1.7630 April First new support = $1.8127 First Distribution price = $1.8247 $1.8292 follow by $1.8480. We will revisit once we have achieved the above prices.
Short
by Skill-Knowledge-Conduct
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.
by MyCryptoParadise_Nathan
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
Long
by behdark
2