AGLDUSDT Spot Buying SetupAGLD is on support line and RSI shows the coin as oversold.
Upon the breakout of the triangle the 1st rectangle and the 2nd rectangle can be taken as TP1 and TP2 respectively.
Have a safe trade.
Go ahead and hold it till the TP hits. Minimum Hold is 4 days.
Note: BTC can ruin the party anytime. Keep an eye on that as well.
AGLDUSDT.P trade ideas
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.
💥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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