We will know look at potential targets for the AGIXBTC (SingularityNET) altcoin trading pair.
This week AGIXBTC is moving above EMA50, which opens the door for additional growth in the midterm.
The first target is set at 89% or the 1.618 Fib. extension, this level was already hit in October 2022. Since we have higher lows after this level was hit, we can aim for a higher high.
The next target is set at the 2.618 Fib. extension and this one goes for 179%. This should be the main higher high target.
If the bulls jump in with force, additional growth is possible yet we are always conservative with these targets, setup the levels and let the market take care of the rest.
Namaste.
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+87%... More coming. Patience is key.
Trade closed: target reached
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+272% so far... Pretty good I should say.
All targets hit.
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Peaked at 769% profits (from shared price to peak price).
Currently the price is trading 282% higher than when I first shared this pair.
@Cryptopersie, For us short is within 1 month and mid-term within 1-3 months.
This trade idea qualify as both and all targets were hit.
SwallowPremium
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That's a great idea! In the current state of market, this asset is not the easiest to predict but you explained it pretty well. Thank you very much for posting!