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AGIX possible inverse head & shoulders pattern
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!
交易开始
AGIX is in buy zone. Prices touched the Fib 0.618 and is bouncing注释
AGIX is up 10% (for the moment) along with other AI cryptos.交易手动结束
I closed this trade waiting for better condition to re-enter.
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