Long
AGIXUSDT: AI BOOM - LONG THE HYPE (SingularityNET Token)
Dear Followers/Traders,
During this FUD/FOMO weekend, here is a high-probability trade with the support of Elliot wave impulse theory and mathematics. All, that you need to avoid emotions.
Waves 0-1-2-3 have been completed. The retracement after the high of wave 3 has taken the support above 0.5 fib level around 0.38$
the price has been tested the 0.618 golden pocket several times after bouncing from the 0.5 fib level.
if the market remains as usual without any black swan event, in my opinion, this trade is a ~90% return from here with very high probability.
and if the BTC movemnet aligns with it then we are looking at 2x or 3X gains from here.
Entry 0.43 - 0.4
SL - Below wave current wave 4 low.
TP - 0.77 0.83 0.97 ... ... ...
During this FUD/FOMO weekend, here is a high-probability trade with the support of Elliot wave impulse theory and mathematics. All, that you need to avoid emotions.
Waves 0-1-2-3 have been completed. The retracement after the high of wave 3 has taken the support above 0.5 fib level around 0.38$
the price has been tested the 0.618 golden pocket several times after bouncing from the 0.5 fib level.
if the market remains as usual without any black swan event, in my opinion, this trade is a ~90% return from here with very high probability.
and if the BTC movemnet aligns with it then we are looking at 2x or 3X gains from here.
Entry 0.43 - 0.4
SL - Below wave current wave 4 low.
TP - 0.77 0.83 0.97 ... ... ...
Trade active
SL - 0.36Safe entry 0.42
Trade closed: stop reached
Note
The wave 4 was counted in a wrong fib level,the wave 4 would extend upto 0.26 - 0.24$ level and then we can see a wave 5 upward movement.
Currently wave 4 is under ABC correction and if the count is right the 'C' wave is under progression at the moment.
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.