$AGIBTC made some nice gains, it hit some resistance and is retracing now. My target for re-entry is right around the weekly open.
We see there are multiple MA's hovering on the daily timeframe which could keep the price up.
I entered $enj here , retraced to 99ma on the daily which has proven to give some support on these alt moves,
if im wrong , a cheaper entry can be found in the green box , using measured move , we find monthly open down there, i prefer entry on 99 daily ma though since it also has weekly open there.
$AGIBTC is in the lower half of this range here. With altcoins doing fairly well the last few weeks, I expect AGIBTC to make another move hopefully.
Bullish is we are trading above montly open and retraced back to weekly open which it might hold and move from there.
Only thing I dont like is the 99MA on the daily, we need to break this for a big move up that...
Bottom of this range has held for 2 months now, worth a trade imo. Looks like there is some accumulation going on. Alts have had a few good weeks, lets see if we can continue this
Targets on chart, I entered here with 6% SL to give it some room.