π Paradisers, #AGIX is indeed a coin worth monitoring closely.
π If AGIX successfully breaks the resistance area of 1.08, it could trigger a bullish momentum, potentially propelling the price further upward toward our target strong resistance area. This would signify a positive development for AGIX's price movement.
π However, if AGIX fails to break above the resistance area, there's a possibility that the price may retreat to retest the support level, which also coincides with the ascending triangle's trendline.
π A breakdown below this support level could invalidate the ascending triangle pattern, signaling a bearish trend reversal. In such a scenario, AGIX may revisit the Bullish OB area around 0.6 before potentially bouncing back upwards.
π The Bullish OB area has historically acted as a strong support zone, with previous instances of price bouncing upon reaching this level. Therefore, if AGIX returns to this area, there's a chance of a bounce followed by a resumption of the upward movement.
π However, if the Bullish OB area is breached, confirmed by a daily candle close below the support level, it would invalidate the bullish scenario and suggest further downward movement for AGIX.
MyCryptoParadise
iFeel the successπ΄
π If AGIX successfully breaks the resistance area of 1.08, it could trigger a bullish momentum, potentially propelling the price further upward toward our target strong resistance area. This would signify a positive development for AGIX's price movement.
π However, if AGIX fails to break above the resistance area, there's a possibility that the price may retreat to retest the support level, which also coincides with the ascending triangle's trendline.
π A breakdown below this support level could invalidate the ascending triangle pattern, signaling a bearish trend reversal. In such a scenario, AGIX may revisit the Bullish OB area around 0.6 before potentially bouncing back upwards.
π The Bullish OB area has historically acted as a strong support zone, with previous instances of price bouncing upon reaching this level. Therefore, if AGIX returns to this area, there's a chance of a bounce followed by a resumption of the upward movement.
π However, if the Bullish OB area is breached, confirmed by a daily candle close below the support level, it would invalidate the bullish scenario and suggest further downward movement for AGIX.
MyCryptoParadise
iFeel the successπ΄
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