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!
AGIXUSDT_4BB092 trade ideas
AGIX - can there be another AI wave?#AGIXUSDT
Came out the falling wedge.
tested the horizontal support.
RSI looking to crossover above 50
looking for a long here.
#Premature entry
AGIXUSDT Swing Long SetupAGIX is currently retesting a support and its trend on a bullish channel,
It is also retesting an strong support level on its BTC pair which makes it even more bullish.
I took an entry on market price,
Also two other entries are marked on the chart.
Dont forget to take some profit as we move on.
Lets see,
AGIXUSDT 1HAGIXUSDT 1H
It continues to accumulate and its working zone ranges from 0.41493 to 0.45946, normal movement since AGIX had a rapid growth at the beginning of the year with its narrative of artificial intelligence. It is the native token of SingularityNET which operates on the Ethereum and Cardano blockchains.
The token performs a number of functions on the platform as a means of payment, votes and rewards.
Here are the main supports and resistances in the 1H time frame
Supports for AGIXUSDT
S1 0.42586
S2 0.42425
Resistances for AGIXUSDT:
R1 0.43617
R2 0.43823
MM200 0.41493
RSI: Buyer
EMAS: Neutral
LONGEP2: 0.414
EP2: 0.437
Stop loss is a bit big ( Around 10% )
do not use money that you cannot afford to lose
just use 5% of your account in each trade
TPs On The Chart
Enjoy
Waiting for price correctionWe reached an important range, here is the first resistance for the growth of this asset.
In case of failure, higher targets will be in hand, otherwise we are waiting for correction to the range of 50 to 618
What is your opinion about this, leave me a comment
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This is just a review from the point of view of the customer and is not an offer to buy or sell. BINANCE:AGIXUSDT.P
AGIXUSDTIn case AGIX brakeout it might touch once again $0.58 otherways if it fails the down will countinue till BTC gives it a hand and it pumps good.
Non financial advice. DYOR.
AGIX/USDT explosionThe Benefits of Artificial Intelligence (AI) and SingularityNet AGIX
Artificial Intelligence (AI) has become an integral part of our daily lives, revolutionizing various industries and transforming the way we interact with technology. From self-driving cars to voice assistants, AI is changing the world as we know it. One promising platform that harnesses the power of AI is SingularityNet AGIX.
SingularityNet AGIX is a decentralized marketplace for AI services that aims to democratize access to AI by enabling developers to create, share, and monetize their AI algorithms. This innovative platform has several benefits, both for developers and users alike.
One of the main advantages of AI and SingularityNet AGIX is increased efficiency. AI algorithms can analyze vast amounts of data and make decisions in real-time, leading to faster and more accurate results. This can greatly streamline business processes, optimize resource allocation, and improve productivity in various industries.
Another benefit is improved decision-making. AI algorithms can analyze data from multiple sources, identify patterns, and provide insights that can aid in making informed decisions. This can be particularly valuable in fields such as finance, healthcare, and logistics, where data-driven decisions are crucial.
Furthermore, AI can enhance customer experiences. Chatbots, virtual assistants, and personalized recommendations powered by AI can provide personalized interactions, improve customer service, and increase customer satisfaction. This can result in increased customer loyalty and retention, leading to business growth.
Additionally, AI has the potential to drive innovation. By automating repetitive tasks, AI frees up human resources to focus on creative and strategic activities. This can lead to the development of new products, services, and business models, fostering innovation and driving economic growth.
SingularityNet AGIX specifically brings additional benefits to developers. The platform allows developers to create, share, and monetize their AI algorithms, providing a decentralized and collaborative environment for AI development. This can incentivize developers to create high-quality AI models and foster collaboration among experts from around the world, leading to the development of cutting-edge AI solutions.
In conclusion, AI and platforms like SingularityNet AGIX offer numerous benefits, including increased efficiency, improved decision-making, enhanced customer experiences, and driving innovation. With the continued advancement of AI technology and the democratization of access to AI through platforms like SingularityNet AGIX, we can expect to see further advancements in various industries, positively impacting our society as a whole.
AGIXUSDT is testing the key levelAGIXUSDT is currently testing a key support level where it previously experienced a local bounce and retested the dynamic resistance.
This support level is above the local demand, indicating its significance in the market. If the price were to break below this key support level, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
$AGIXAs expected the price action of $AGIX Successfully bounced back form its horizontal Support level
TIME FOR AN UP MOVE!!AGIX price action indicate bullish move cause of cup and handle formation on 1 hr time frame and now the price is forming HANDLE!! Now handle formation reached the support level and also touching 100 MA.I think These confluences are enough for bullish move.
AGIXUSDT Long 90% trade Agix coin is in range 0.23070 to 0.21991 is good support and trend line support. or there is 200Ema support also
So we long on this levels and our stop loss is bellow liquidated area
coin is going down but volume is low means sell are not active
ENTRY/ 0.23070 to 0.21991
STOP LOSS/ 0.20130
TARGET/0.40, 0.45,0.50
Agix | If You Are Following Us Support has been lost, we can still expect the price to go down.
Always do your research in trade, the market can do anything at any time, always manage risk.
If you like our work then join
Agix | Next candle Will Decide Agixusdt
4h time-frame falling wedge , But I am expecting breakdown from here
If Next 4H candke close below tye support,expecting dump
Note : Always Wait For Confirmation and trade with your own research .
Join us with your own research
AGIX UP to 0.76The pattern of head and shoulders is clearly evident and it seems to indicate an upward movement with the target I have identified.
AGIX - Waiting for correction to finishTaking a closer look in the 4HR timeframe, I expect green wave C to be completed in the gray support area or lower.
The perspective turns bullish once the descending channel is broken and we stay above gray support.
AGIXUSDT 1HAGIXUSDT 1H
AGIX has broken rectangular accumulation to the downside and should look for support at 0.4450 to pull back towards VWAP at 0.4701. RSI indicates that buyers will come back with a vengeance.
Weekend tends to be sales, be careful with leverage!
Supports and resistances in 1H:
Brackets: 0.4537 / 0.4450
Resistances: 0.4704 / 0.4879
MACD: Optimistic
LONG AGIX - THE BEARS ARE WEAK NOWHi everyone, Please hit the like button or leave a comment if this can make you some money.
LONG AGIX:
- ENTRY: 0.4574
- TP: 0.48
- SL: 0.466
AGIX/USDTSPOT BUY PLAY :
AGIX/USDT
BUY/ACCUMULATE AGIX IN PARTS UNDER $0.50
STOP LOSS = AS PER YOUR RISK APPETITE .
TAKE PROFITS ARE 50%-100%-150% DYOR.
Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
If you like the idea and benefited from it please like , share & comment to keep us motivated.