AGLDUSDT trade ideas
AGLD: $0.70 | Just Charts a Concept Gamelaunched during the debut of NFTS
great concept of being an in game currency
takes a long time to understand digest and appreciate
requires a running product or game to appreciate
however when that time comes price may be back at all time highs in the $5 to $7 zone
characters are created based on the items in your bag (lootbag)
randomized loot items etc are given
and AGLD token is used as voting currency design plot of the game etc
VALUE of AGLD should be picking up once there is traction and early adoption
#AGLD/USDT - Long - Potential 26.10%Strategy: Long
Exchange: BYBIT
Account: Spot
Entry mode: Market order in range
Invest: 2.5%
Exit:
• Target 2 : 1.372 27.34%
• Target 1 : 1.194 10.82%
Entry: 1.0774 ⌁ 1.0774
• Current market price: 1.0774
• Stop: 0.919 (-14.7%)
Strong bounce after wicking the lower edge of our support creating the bottom corner of our pitchfork channel. Expect price to continue this strong move toward the median of the range (white diagonal in the centre of the pitchfork). Little overhead resistance, strong buy order support at 1.024.
• Technical indicators:
• ⎿ 24h Volume: 288898.227271
• ⎿ Satoshis: 1.0774
• ⎿ Analysis: TradingView
AGLD NEW VOLUME POWERThank you for reading this update.
Depending on our study we see that AGLD has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For day traders take always profits when market increase
#Expect noting from the markets, but follow what it shows.
AGLD middle term profit zonesBINANCE:AGLDUSDT
Middle term chart. Zones of interest where we can buy and fix our spot trades
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Possible Targets and explanation idea
➡️Fib since April 2022 relevant
➡️Few times trying break out downtrend line and find rejection
➡️Got strong signal to buy on Trade On indicator D timeframe around -0.18 lvl
➡️If we not break 0.31 cents with retest we can drop to -0.27 zone before FED hike rate in December
➡️Correction to this fib can be at least 0.5 lvl or 0.618 lvl its around 500-600% on spot 0.92 or 1$
➡️First impulse up can be till 0.56 cents when we will close 50% of wick candle 24 June
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AGLDUSDT.1DBased on the provided market data, AGLD is currently trading at $0.748 against USDT.
From a technical perspective, the 4-hour chart shows a relatively high Relative Strength Index (RSI) of 92.52, indicating the digital asset is currently overbought and might experience a correction or consolidation in the near term. The Moving Average Convergence Divergence (MACD) on this timeframe is 0.047, suggesting a bullish trend. The Bollinger Band (BB) is at 0.745, which is close to the current price, indicating a potential volatility.
On the daily timeframe, the RSI is 70.39, which is also considered overbought, suggesting potential price correction. The MACD on this timeframe is 0.002, indicating a relatively flat market. The BB is at 0.702, which is lower than the current price, suggesting the asset is trading in a higher range.
On the weekly timeframe, the RSI is 55.39, which is in a neutral zone. The MACD is 0.034, suggesting a slow bullish trend. The BB is at 0.812, which is higher than the current price, indicating the asset is trading in a lower range.
The market data shows strong support levels at $0.614, $0.524, and $0.490 on the 4-hour chart, and resistance levels at $0.761, $0.834, and $0.870. On the daily chart, support levels are at $0.582, $0.500, and $0.457, and resistance levels are at $0.834, $0.953, and $0.984. On the weekly chart, support levels are at $0.614, $0.445, and $0.340, and resistance levels are at $0.821, $0.942, and $1.360.
In conclusion, AGLD is currently in a bullish trend but is overbought in the short-term (4-hour and daily charts), which may lead to price correction or consolidation. The weekly chart shows a slow bullish trend. It is recommended to monitor the market closely for any changes in trend. Please note that this analysis is based on the current market conditions and may change as the market evolves. Always consider your risk tolerance and investment goals before trading.
AGLD Rally Mode: Your Chance to Buy and Prosper!"**AGLD Recent News**
* AGLD has been listed on several major exchanges, including Binance, Huobi, and OKX.
* The AGLD team has announced a partnership with Chainlink to provide decentralized oracle services to the Acala network.
* The Acala network has launched its mainnet, and AGLD is now the native token of the network.
**AGLD Fundamental Analysis**
* AGLD is the native token of the Acala network, a decentralized finance (DeFi) hub on Polkadot.
* AGLD is used to secure the Acala network and to pay for gas fees.
* AGLD holders can earn rewards by staking their tokens.
**Disclaimer**
AGLD is a high-risk investment. The value of AGLD could go up or down in the future. Investors should do their own research before investing in AGLD.