Corto
SingularityNET (AGIX) - 40% correction??
On the above 4 day chart price action has risen 800% since last October. A number of reasons now exist to be short, including:
1) Price action support has failed.
2) Regular bearish divergence. This negative divergence can also be found on the BTC pair of the token (below).
3) Price action is following the Gaussian channel after a strong rally as shown on the daily chart below. This is bearish. If you notice price action entering the channel it is very likely to test the lower side of the channel, currently a 40% correction away.
Is it possible price action continues up? Sure.
Is it probable? No
Ww
AGIX.BTC negative divergence
Gaussian channel support
1) Price action support has failed.
2) Regular bearish divergence. This negative divergence can also be found on the BTC pair of the token (below).
3) Price action is following the Gaussian channel after a strong rally as shown on the daily chart below. This is bearish. If you notice price action entering the channel it is very likely to test the lower side of the channel, currently a 40% correction away.
Is it possible price action continues up? Sure.
Is it probable? No
Ww
AGIX.BTC negative divergence
Gaussian channel support
Operación activa
Past support confirms resistance.Nota
30% correction so far.Operación activa
Price action fails to hold 3-day/50-SMA support. Look left to know what happens next ;-)Operación activa
Only another 26% to go until target Operación cerrada: objetivo alcanzado
A the red mist descends the bulls finally capitulate.Price action is certainly oversold at the moment but is not a long opportunity until confirmation of support on past resistance, which is 50 cents. Failure means a further 50% correction to 25 cents. There is no buy signal at this time.
Weekly
Nota
A strong buy signal printed recently.Watch for market structure building price action around 80 cents in late July.
This would confirm the bull flag with a impulsive move to 3.70
2 day
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.