YGGUSDT trade ideas
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
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
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 LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer