AGLDUSDT.P trade ideas
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.
AGLD. Store of Value. If the ascending triangle is valid, then I will assume a 150% price spike and continuation of movement in the ascending channel. AGLD is the best store of value in the current market. Given nature of the token launch (airdrop) and ecosystem development entirely by community - this asset could be the moonshot of the next bull run. If the hype comes, then capitalization is not predictable.
AGLD USDT PERPHello Trader OKX:AGLDUSDT.P
looking at the history, there are a lot of wick areas or you can also call it noise
so that the whale can liberate the retail trader area, so this can be a short sell benchmark
for retailers on the previous chart
entry 0.6509
stoploss 0.6695
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Disclamer: Not Financial Advice
AGLD. This is your loot.Again, pay attention to the histogram green bars! The asset accumulates and is not sold. My last AGLD analysis was in December 2022 at around 20 cents. From that time on, the price per token reached $1.5
If you study what the ecosystem, AGLD token and the history of its formation are, it will become a little clearer to you why this asset can be chosen as a safe haven in times of storm in the market. This is not maximalism, I just liked the comparison. I trust in what they do. This is one of my assets for the next bull market. I hope yours too! In addition, RSI of this asset looks extremely interesting. When we reached the oversold zone, there was a local growth.
AGLD / AGLDUSDTIf the price makes a sweep like that I see it's a good point to entry, And the stop loss will be below the last bottom.
GOOD LUCK>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
AGLD USDT PERP Hello Trader OKX:AGLDUSDT.P
I have marked the fake zone area. don't make it a race.
race because whales usually take the
liquidity retail open short. should take the
soulder on the right because of the potential for inverted head and solder.
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
Disclamer: Not Financial Advice