Evening Traders,
Today’s analysis – YGGUSDT – trading at its range low where a rotation to the highs is probable,
Points to consider,
- Price Action Corrective
- Range Low Support
- Range High Objective
- Volume Influx node
YGGUSDT’s immediate price action is corrective and is trading at range low, allowing for a bullish bias.
The range high is the immediate objective, exceeding this level lead to a trend continuation.
The current volume profile has a climatic node, follow through is necessary in volume to sustaion strength.
Overall, in my opinion, YGGUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Focus, patience, wise discernment, non-attachment —the skills you acquire in meditation and the skills you need to thrive in trading are one and the same.”
― Yvan Byeajee
Today’s analysis – YGGUSDT – trading at its range low where a rotation to the highs is probable,
Points to consider,
- Price Action Corrective
- Range Low Support
- Range High Objective
- Volume Influx node
YGGUSDT’s immediate price action is corrective and is trading at range low, allowing for a bullish bias.
The range high is the immediate objective, exceeding this level lead to a trend continuation.
The current volume profile has a climatic node, follow through is necessary in volume to sustaion strength.
Overall, in my opinion, YGGUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Focus, patience, wise discernment, non-attachment —the skills you acquire in meditation and the skills you need to thrive in trading are one and the same.”
― Yvan Byeajee