AGLDUSDT → Pre-break consolidation. Possible growth of 30-60%

On the high timeframe we see the formation of resistance at 1.404 and a sufficient number of retests of this area. In general, altcoins are strengthening quite strongly following the flagship, but AGLD is lagging behind, and the market is held back from the transition from neutral to bullish phase by only one level.
A pre-breakdown consolidation is forming around 1.400. Slow approach and gradual squeezing to 1.400 will signal a breakout soon. The price may go straight up without consolidation above the level.
Resistance levels: 1.404
Support levels: 1.286, 1.146
I expect a breakout of the resistance indicated on the chart, followed by the realization of the potential of 30 - 60%. Targets are indicated on the chart
Regards R. Linda!
Nota
Retest resistanceNota
A pre-breakdown consolidation is formingNota
Consolidation above 1.404 will form an ideal entry pointPrice continues to accumulate the potential to break resistance
Nota
A resistance breakout is formingThe impulse gives us +13%, after which a correction is formed. If buyers keep the price above 1.400, the growth will continue
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.