Andrew Tate's YZY Short Achieves Major Gains, But His Trading Performance Takes a Significant Hit
Andrew Tate's Involvement with YZY Token: Andrew Tate has opened a 3x short position on Kanye West's meme coin, YZY, making a profit of $16,000 despite the token's slight rebound in value.
Tate's Trading Performance: Despite this recent success, Tate's overall trading record is poor, with only 29 out of 80 trades being profitable, resulting in significant losses totaling $699,000.
History with Meme Coins: Tate has been criticized for promoting several dubious meme coins, reversing his earlier stance against endorsing cryptocurrencies and leading to multiple tokens collapsing shortly after promotion.
Repeated Failures: The meme coins associated with Tate, including GER, "Fuck Madonna," and FTRISTAN, have all experienced dramatic rises in trading volume followed by complete crashes, highlighting a pattern of failure in his trading ventures.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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