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AGIX starts being weaken
Short
AGIX starts being weaken
By evasivesteering
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Updated
Jun 4, 2023
4
Jun 1, 2023
AGIX has bounced 45% since the begining of May but it is stuck under resistances: EMA 50D, Fib 0.238 and the upper trendline of a falling wedge.
For this reason, a Short set-up is proposed in chart.
Jun 2, 2023
Trade closed manually
US Senate passed debt deal.
However BTC is still under resistance 27400. I'll wait to see reaction of the whole market
Jun 2, 2023
Trade active
Risky trade because BTC can bounce at $26000
Jun 4, 2023
Trade closed manually
Price at entry.
I'll wait until next week to see if I'll reopen this trade.
Fibonacci
Support and Resistance
Wedge
evasivesteering
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