Long
✳️ AGIX Year Long Consolidation (Prepare For 2025/24 Bull-Run)
Updated
SingularityNET (AGIX) surprised everybody in 2022 with a massive bullish wave. While many Altcoins projects produced a relief rally after the orthodox end of the bear-market, June/July 2022, they all proceeded to retrace and move lower... AGIX on the other hand moved ahead and produced a major 1,787% bullish wave. This can be seen clearly on the left side of the chart.
As it is usual, after strong growth a correction follows.
After strong growth a correction doesn't necessarily need to be strong, but if it isn't strong it becomes long.
If it does become strong it can be short.
AGIXBTC produced a classic correction and then went sideways, entering what we call an accumulation/consolidation phase.
Today we have a huge green candle, the strongest in more than a year coupled with a volume breakout.
The most relevant level is 738 satoshis which marks the 0.786 Fib. retracement level for the 2022/23 bullish wave.
Above this level expect massive growth... I mapped the target for you, the end target for the next bullish jump.
👉 A 574% potential and a price of 0.00004970... This is huge, so it is wise to secure profits on the way up.
For example, selling portions at 100%, 200%, 300% and so on. Or using whatever strategy fits your trading style, risk tolerance, capital and goals.
This is not financial advice.
Remember to do your own research.
Just as a market can crash produce big loses for many of the players, it can also rise and produce big gains for many of the traders.
Everything has its advantages and disadvantages...
We can be profitable in this game.
We can succeed in this trade.
We can profit, we can win, it is possible, it is do-able, it is easy... Well, sometimes not easy but it can be done.
Just invest time in yourself... Take a time to plan and see how much better you will do by the time we reach the next Cryptocurrency market bull-run. Part in 2025 and part in 2024.
It will be wild and fun.
Namaste.
As it is usual, after strong growth a correction follows.
After strong growth a correction doesn't necessarily need to be strong, but if it isn't strong it becomes long.
If it does become strong it can be short.
AGIXBTC produced a classic correction and then went sideways, entering what we call an accumulation/consolidation phase.
Today we have a huge green candle, the strongest in more than a year coupled with a volume breakout.
The most relevant level is 738 satoshis which marks the 0.786 Fib. retracement level for the 2022/23 bullish wave.
Above this level expect massive growth... I mapped the target for you, the end target for the next bullish jump.
👉 A 574% potential and a price of 0.00004970... This is huge, so it is wise to secure profits on the way up.
For example, selling portions at 100%, 200%, 300% and so on. Or using whatever strategy fits your trading style, risk tolerance, capital and goals.
This is not financial advice.
Remember to do your own research.
Just as a market can crash produce big loses for many of the players, it can also rise and produce big gains for many of the traders.
Everything has its advantages and disadvantages...
We can be profitable in this game.
We can succeed in this trade.
We can profit, we can win, it is possible, it is do-able, it is easy... Well, sometimes not easy but it can be done.
Just invest time in yourself... Take a time to plan and see how much better you will do by the time we reach the next Cryptocurrency market bull-run. Part in 2025 and part in 2024.
It will be wild and fun.
Namaste.
Note
+193%. Enjoy the profits.
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🏆 Results: t.me/alansantana1111/5935
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🔝 Cryptocurrency Technical Analysis
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lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
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