Adventure Gold (AGLD) to $3On the above 1-day chart price action has fallen 95% since last October. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal.
2) Price action and RSI resistance breakouts.
3) Point 1 & 2 are also true for the BTC pair (see 1-day chart below)
4) Price action just printed a higher low on the golden ratio. Fantastic.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: 1 to 3 months
Return: 10x from IB signal
1-day btc chart