The YGG chart displays a symmetrical triangle pattern, which is a neutral setup but often resolves in the direction of the prevailing trend. RSI remains balanced, indicating neither overbought nor oversold conditions. Stochastic oscillators show bullish divergence, suggesting potential upward momentum. The chart also reveals consolidation near a key resistance level, with narrowing Bollinger Bands signaling an imminent breakout. Given these factors, YGG appears poised for a bullish breakout, supporting the long-term bullish outlook.
The "Others" chart exhibits a bull flag pattern, a classic continuation setup often suggesting upward momentum. The recent pullback appears to have respected key support levels, maintaining the bullish structure. RSI remains stable near neutral, while the stochastic oscillator signals oversold conditions, indicating potential for upward momentum. Bollinger Bands are tightening, pointing to reduced volatility and a likely breakout soon. This setup aligns with a bullish narrative, suggesting "Others" is positioned for a significant upward move over the longer time frame.
This chart shows consistent liquidity levels with a prominent resistance zone near $0.52 and support around $0.48. The consolidation phase suggests a potential breakout. Given the support strength, the outlook leans bullish for YGG over a longer timeframe.
Trade Details:
Entry: Around 0.4789 ( Join my Binance live for premium crypto signals )
1st Tp: 0.5268
2nd Tp: 0.5766
3rd Tp : 0.5989
Important 👇
Click on my profile picture to join my live stream, for 2-3 free signals.
If you want a premium signal you have to follow my live-stream instructions.