evasivesteering

AGIX possible inverse head & shoulders pattern

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evasivesteering Actualizado   
KUCOIN:AGIXUSDT   SingularityNET Token / Tether

AI cryptos have cooled off a bit but in mid/long-term they are still attractive because AI is really transforming the world.

AGIX is one of the hottest AI cryptos (beside FET, OCEAN, GRT...). It seems that an inverse H&S pattern is under formation for AGIX.

Prices are close to a potential buy area for the following reasons:
  • Potential bottom of the right shoulder
  • Strong local support Fib 0.618
  • Decling volume indicating that sell pressure would be vanishing soon

How do you think about this analysis and AGIX?

Thanks!






Operación activa:
AGIX is in buy zone. Prices touched the Fib 0.618 and is bouncing
Comentarios:
AGIX is up 10% (for the moment) along with other AI cryptos.
Operación cerrada manualmente:
I closed this trade waiting for better condition to re-enter.

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