AGIX Demand Zone, Falling Wedge ReversalAGIX was traded in a falling wedge since September 2021.
On 21st January price breakdown the lower trendline and find strong resistance between $0.13 and $0.11 – a high demand zone.
Panic selling caused by market uncertainty, Russia – Ukraine conflict, etc. is over and whole crypto market is seeming ‘pretty healthy’.
These in conjunction with the relatively low selling volume and the long shadow candlesticks give a higher probability for a bullish reversal than a bearish continuation.
The begging of the uptrend will be signaled with the breakout of the lower trendline; however, the confirmation will come with the price breaks the upper line and holds above the $0.175 resistance zone.
If you’re a conservative trader wait for the price to breaks the resistance at $0.175 and place your stops just below the upper trend line.
If you’re a more aggressive trader, now is the time to go long or wait the price to return in the demand zone.
I’ll keep my analysis updated to any significant changes.
Agix
SingularityNET (AGIXUSD) with several bullish breakoutsSingularityNET (AGIXUSD) with several bullish breakouts.
- breakout of price resistance
- breakout of OBV resistance
- breakout of RSI resistance
Day is not closed yet - so thumbs up for all holders 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
Potential double bottom $SDAO$sdao could be printing a double bottom from time frames 12hr to 1W. Weekly close in 4 days though.
AGIX/WETH BULLISH UNISWAPAGIX/WETH has bottomed out. Buy at CMP, no SL required. TA and FA bullish. 200% to 250% returns expected.
SDAO - BULL SCENARIO 2022 SDAO SINGULARITY DAO Price prediction for the next year or so, I expected a lot more volume to come in within the next year and potentially see the chart doing something like this,
Enjoy the show.
NFA ! INVEST AT YOUR OWN RISK
potentially breaking out of a wedgeagix/usdt pair potentially breaking out of a wedge. large upside potential
AGIX is Ready!Cryptocurrencies that are connected to the AI industry will do very good in the future
$AGIX is one of them. If they deliver, the project can tap into a 300 billion dollars market
You might want to add some..
I hope you found the idea interesting:)
