TradingView
MyCryptoParadise_Simon
Aug 31, 2023 9:57 AM

AGIX Ready For Bullish Rally? | AGIX Analysis Today Long

AGIX / TetherUSBinance

Description

â‹…
💎Paradisers, brace yourselves for an exciting venture! AGIX/USDT is currently positioned in a demand zone and is on the brink of breaking free from its descending channel.

💎Not too long ago, we noticed multiple rejections from a supply zone that housed a bearish Order Block (OB).

💎Another key observation is the nearing end of the descending channel, hinting at a potential upward breach.

💎At present, the price is in a tight consolidation phase, and we're optimistic about an imminent breakout from the descending channel, which could propel AGIX upward.

💎However, keep an eye on the critical invalidation zone at the $0.170 level; breaching this could trigger a downward shift.

💎Stay tuned and trade smart, Paradisers! 🌴
More