AlanSantana

SingularityNET (AGI) Strong Bounce, Over 120% Possible?

Long
BINANCE:AGIBTC   None
SingularityNET (AGIBTC) started to move in late July... Look at the big blue candle to the left of the chart with over 110% of growth from bottom to peak...

It went on to retrace and consolidate for 60 long days and right now is showing the first signals that this retrace is over... Time to move back up?

Let's take a look at the signals:

  • Break above EMA10 and challenging EMA50 now. A close above this level can signal that the retrace is over.
  • Increasing volume after the weekend.
  • Strong RSI .
  • Altcoins starting to grow all around.

It is very likely that SingularityNET (AGIBTC) will now move up if it can remain above EMA10.

The details for the target and stop-loss are on the chart.

Thanks a lot for reading.

Namaste.

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