Undecided Waiting For ConfirmationRight now I'm not fully sure about where $AGLD is headed.
Long Term: I'm bullish, short term undecided.
After spending a few more hours on the chart it seems it has a little more bullish sentiment than bearish, but waiting for confirmation.
Bullish 4HR:
- MACD although rather new to the trend since the coin was recently listed it does look like it is moving towards crossing to the upside soon.
- RSI hanging closer to oversold
- Potential patterns in purple a falling wedge which should eventually pop up to the upside. Inside a symmetrical triangle that needs confirmation of direction, and potentially building up to a classic cup and handle.
Bearish 4HR:
- Looks like it could be in a larger falling wedge so some downside could be in the cards. But eventually, turn bullihs.
AGLDUSDT trade ideas
💥AGLD TO FALL BY 30% TO $3.30Please support this idea with a LIKE👍 if you find it useful🥳
As seen on the chart, price is in an uptrend. We have three credible resistance zones and 4 credible support zones.
The current candle got rejected at the resistance trendline to form a double top M pattern.
Therefore, with current price at $4.7121, I expect price to fall by 30% to $3.30.
What do you think?
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