YGGUSDT trade ideas
YGG is very bullish now if... YGG has been following my analysis for some time and I believe it will do great in the long run.
Now, you can enter YGG and your stop loss will be closing below the purple line for one day.
Good luck insha Allah!
YGG goind downAfter the downward movement, they began to trade in a small range. Forming a downward sloping resistance at its upper boundary, and working with internal liquidity. Four withdrawals. And the lower area of horizontal support, in the area of the round 0.215. Ready cascade of liquidity on the test down. We expect a local test of OB 4H at 0.2211, a rebound and removal of the cascade. Magnet 0.2067
YGG prepair to break support levelThe instrument has formed a cluster of local support levels, each of which is confirmed by several touches, which indicates a cluster of long participants' stops behind them. Also, the decrease in the highs indicates limit sellers pushing the price to break.
The signal to enter the transaction will be a smooth approach with trading near the first level and the appearance of activity in the glass before the impulse to execute stops.
ygg dropping 30% after tripple topTripple top occured.
Refersed candle in position and now its going down equal to the length of the first breakout however down to the first liquidity point
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.
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.
YGG possible sceanriosHello Traders,
YGG might go up again. Funding is still negative, so one more short squeeze is possible before a hard drop.
Please hit the boost button and follow me for more ideas.
Thanks
YGGThe return of Web 3 games could be coming.
Potential 5X rally for
YGG
About to break out from RSI resistance trendline
Bollinger band oversold at D1
Potential shark harmonic pattern
YGGUSDTYGGUSDT IS in bearish trend potentially printing LH and LL. there is no reversal sign from here.
we wait and watch for the breakout of lst LL.
YGG expecting a rebound with 50 to 100%Buy area around 0.35
Sell area around 0.66
light resistance at 0.48
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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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.
