As AI related anything continues to rip to the upside the end of the rally is unknowable and unpredictable.
With that said we can monitor the growth rate and reoccuring equalities for changes in price action behavior to spot when bigger players are entering and existing the market based on current and past behaviors.
This is a daily chart of AGIX that is focusing on the growth rate of the current pump starting with the initial impulse range at the bottom.
The white scale in the middle is utilizing the octave method of expansion. Dates and potential distribution and re accumulation zones are based on equal proportions that repeatedly show in all things.
Price may or may not reverse in these areas and it is each operators responsiblity to monitor the tape on an ongoing basis to see how price responds to these future points of equalities.
It is often said the trend is your friend....UNTIL THE END. A brake of trend is the first major sign of weakness. The green curve is a momentum based trend that should provide the first real indication of a likely macro reversal.
The speed lines drawn as shown in previous videos typically become future trend lines based on equal portions of price action expanded into the future.
Current Trading Plan: Watch for a longer drawn out highly volitle range to form before potentially taking another massive rip to the upside.
Trade Well... Your Friend, Degen
"He that believeth on him is not condemned: but he that believeth not is condemned already, because he hath not believed in the name of the only begotten son of God" ~ The Lord God
If you don't like it don't read it.... I do
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AGIX appears to be comming into a piviot that should at least produce a bounce if not continuation to the upside tradingview.com/chart/a0fObRx1/
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ready for another rip?
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price is back to the momentum curve and approaching a time cycle. I will do a video upate on what I am looking for with agix today.
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