YGG expecting a rebound with 50 to 100%Buy area around 0.35
Sell area around 0.66
light resistance at 0.48
YGGUSDT trade ideas
Shorting YGGUSDTShorting YGGUSDT at 0.49 bearish Diversion
1st Target 0.43 then 0.38 then will hold rest of 25%
Good Look
Ygg Is in ActionHere is my Idea on YGG. R:R 2.98
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Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
YGG Extreme indicatorSET:YGG flagged for short and buy profit protection.
The CSTP indicator is so amazing, the extreme indicator alert on daily and weekly Timeframe is one of the things I look our for. now the alert is out and my projection is to protect my profit and get ready to short.
This short call should start in the new week. even thought extreme indicator has indicated extreme it is important to be cautious and trade smartly.
#Tradesmartly
WHY YGG COIN PRICE DROP ? YGG COIN PRICE ANALYSIS !!SET:YGG Coin Updates & Possible Moves !!
• Faild To break its Weekly Resistance.
• 4h candle Closing below From its early resistance at 0.60$ + whales exit Now there Liquidity From it.
• Bounce Back Expected From 0.30$-0.26$ range. ( invest only small amount like with Levrage 1%-2% without leverage 10% ) if you want to take instant trade.
• Without stoploss don't take trade.
YGGUSDTHello Traders,
we can short YGG as we can see that it has broken the pattern now we can open a short position now and follow the chart pattern.
YGGI am waiting for the correction of movement up to one of the green lines. I will check again for the red lines later
YIELD GUILD GAMES (YGGUSDT) new volume 💡💣Hello 🐋
based on the chart, we can see explosive and new volume for the price and break out of the descending channel and red trend line to the upside 📖💡
for
first target definitely we expect more correction close to our Fibonacci levels 💡📖
and
in the long term, we expect even more gain for the price 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Yield Guild Games (YGG): The Nexus of NFTs and DeFi in GamingYield Guild Games (YGG) stands as a pioneering decentralized autonomous organization (DAO) that deftly combines the principles of non-fungible tokens (NFTs) with decentralized finance (DeFi). Through its strategic investments in NFTs related to blockchain gaming, YGG envisions creating a robust virtual and gaming world economy. The primary objective is to optimize the utility of its community-owned assets, benefiting all token holders in the process. Renowned games like The SandBox and Axie Infinity have witnessed the infusion of value-driven virtual ecosystems, thanks to YGG's innovative strategies in content development and in-game economic structuring. Built upon the foundations of smart contracts and DAO-based governance, where token holder consensus drives decisions, YGG has undeniably etched a significant mark within the decentralized sphere, accentuating the value of NFTs in blockchain gaming.
Historical Price Trajectory:
YGG’s Debut: Launched on the OKX exchange on August 6th, 2021, YGG commenced trading at a price point of $2.3345. Early trading dynamics led to a swift 15% price reduction, carving out an initial weak support at $2.
Rapid Ascend: Breaking free from its initial price, YGG witnessed a sharp 135% surge over a mere three days, setting a new threshold at $4.8215.
Climbing Peaks: YGG's momentum carried it further, establishing a robust resistance at $9.68 and clocking an all-time high of $11.4568.
$4.8215 - A Major Player: The $4.8215 level saw repeated interactions, with each engagement instigating an average upward thrust of 10%.
Stalling and Retracement: Following a stagnant phase of 153 days without significant higher highs, YGG breached the $4.8215 support on January 5th, 2022, plummeting by 55% to its initial levels.
Range-Bound Action: An 80-day ranging period saw a new resistance emerge at $3.1990. The failure to maintain the open level's support catalyzed a widespread correction/selloff, mirroring the wider crypto market trend.
Reversal and Correction: After hitting a nadir, YGG rebounded robustly in mid-June 2022, soaring by 175% from the recent lows. However, despite the renewed interest, the absence of sustained buying pressure and the persistent inability to record new higher highs triggered another selloff.
Present Market Scenario
Trend Reversal Indicators: On June 16th, 2023, after a sharp daily downturn just days earlier, a positive crossover of the 20-day moving average indicated a possible easing of the bearish sentiment.
Sideways Movement: Post the crossover, YGG exhibited a horizontal trend, with recurring 17% price jumps between the minor support and major resistance.
Bullish Confirmation: Technical tools like ROBO flagged bullish signals in late July 2023, forecasting a potential upward shift in market sentiment.
Breakout: August 4th, 2023, marked a significant event with YGG breaking out of its daily downtrend, resulting in a staggering 170% surge over four days to reach its current valuation.
Prospective Market Movement
Current Situation: As of now, YGG’s surge has culminated in reaching the target price of $0.4725.
Immediate Forecast: To sustain its bullish narrative, YGG needs to consistently maintain above the $0.5444 level and overcome the resistance posed at $0.6155.
Downward Correction Potential: Failure to remain above these crucial levels might trigger a correction towards the $0.4180 mark (equating to a 25% price reduction) or further down to $0.37, signaling a 35% correction.
Technical Indicators: An impending 'golden cross' of the 50 and 200-day EMA remains to be observed, which historically indicates the onset of a new bullish trend.
Conclusion:
Yield Guild Games (YGG), with its visionary amalgamation of DeFi principles and NFTs within the realm of blockchain gaming, presents a dynamic asset in the crypto market. As with any cryptocurrency, its journey has been characterized by peaks, troughs, and pivotal technical levels. For prospective investors and traders, understanding the intricate dance between historical data, present trends, and predictive indicators will be paramount in making informed decisions in this volatile landscape.
YGGUSDTIf a candle without a shadow is formed above or below the specified area, enter the position. Be sure to enter after the breakout candle is formed.
YGG - BREAKOUT!?Based on our latest analysis, should the retest of the current technical levels succeed, there is a significant potential for a robust upward movement in YGG. Investors are advised to closely monitor market conditions and conduct their own due diligence to align with their risk profile and investment objectives.
#YGGUSDT.P Deliberation Pattern There is a bearish deliberation pattern and multiple long upper wick candles in 15Min timeframe indicating that buyers tried to put pressure but sellers beat the buyers, there is a support level at exactly 5.164, if we beat that level than it is a bearish reversal confirmation.
#YGG medium term supportHello guys,
I've been keeping an eye at YGG since yesterday and I have come to notice that support always comes up 5% or 0.200 . In this case you can see price making HL's , first at 3.800, then 4.000 and then 4.200.
#YGGUSDTBuyers trying really hard in 15 Minute chart to push the price up multiple times causing a bearish three stars in the north pattern. The whales looks like they lost control.
Everything is possible with shit coins!not financial idea.
please take the possible risk.
it only an idea
CryptoUsing volume candle to determine where price will or will not bounce.
Was heading towards the upside but just dumped.
Resistance is now brokenLook at the chart,
• 87 days resistance is now broken with heavy volume
• All ema’s now supporting the price except 200 Ema in daily time frame
Buy confidently and wait its time to earn
Targets
1- 0.3300
2- 0.3500
YGG is overrated..YGG new G.A.P is nothing. Its just a hype make by them, YGG are selling in perpetual market, don't buy. Follow YGG to short.
YGGUSDTYGGUSDT is in strong bullish momentum, after recent big bullish candle the instrument has retraced a bit ( which is necessary for market structure) but seems like is sustaining the momentum as it still respecting inclining trendline.
YGGUSDT (Daily) - Bullish reversalHi Traders
YGGUSDT (Daily Timeframe)
Waiting for the upward break of 0.1723 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.1345 would cancel the bullish scenario.
Trade details
Entry: 0.1723
Stop loss: 0.1345
Take profit 1: 0.1957
Take profit 2: 0.2335
Score: 6
Strategy: Bullish reversal
