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Yggusdtidea

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 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
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