SingularityNET (AGIBTC) has maintained the same low since mid-July, producing a nice wave that ended up in a retrace that might be coming to an end.
Notice the downtrend line on the chart, AGIBTC is now trading above it as well as EMA10 (green line). We can also notice the above-average volume.
These are early signals and are pointing to growth ahead for this...
$AGI - SingularityNET!
My favorite alt coin to trade is ripe for a launch!!
BTC falling and BTC.D in favor. However, both are the only things that could ruin this trade!! So pay attention to both as this is PAIRED to $BTC.
Fibs: 316 > 326 > 347 > 377 > 415 > 447 > 476 (If we get above here, 636.)
Red blocks = resistance.
SingularityNET (AGIBTC) started to move in late July... Look at the big blue candle to the left of the chart with over 110% of growth from bottom to peak...
It went on to retrace and consolidate for 60 long days and right now is showing the first signals that this retrace is over... Time to move back up?
Let's take a look at the signals:
Break above EMA10 and...
Above ma200 since a long time with nice volume and a couple of daily closes above a weekly level.
TP 1: 0.00000328
TP 2: 0.00000372
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Looks Interesting in DAILY TF..
Getting Ready to Breakout the falling Wedge in DAILY TF.
RSI & MACD Bullish Divergence & Double Bottom as Well in DAILY TF.
Expecting Big Move After Breakout So Keep Your Eyes on it...!!
Please, give us your opinion in the comments.!!
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I've acquired 1BTC of $AGI at 233-235.
It appears to have found a bottom. Daily candle closed as a pin bar along support.
I'm chasing pivots/fibs as my target labelled on the chart.
Have a plan, have an invalidation point. Trade at your own risk.
I just buy here as much I can. I'm not following any AGI comunity channels but I'm sure they are deep into a depression. I for my self will fill my bag here and now. Risk/Reward looks great to me. Right now it is only about the trendline. Once broken the pig will start to fly.
Have fun, and follow me if you want. As more follower I do have as more I will publish. :)
Exchange : Binance
Buy Zone: 0.0000028~0.0000026
Target Point: 0.00000295/ 0.0000032/ 0.00000333/ 0.0000035/ 0.00000385
It broke Hard Trending Line, but there wasn`t Big Pumping
It kept Symmetrical Triangle in spite of Bitcoin`s movement
Now, it`s trying to break Symmetrical Triangle
Here we can see the falling wedge pattern and a divergence between the price and RSI indicator. It is a sign that AGIETH may breakout soon.