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

2024年2月22日

AGLDUSDT is forming quite an interesting set-up that can realize a growth potential of 30-60% in the short-medium term.



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

BTCUSD TOTAL TOTAL2

Regards R. Linda!

2024年2月22日

註釋

Retest resistance

2024年2月23日

註釋

A pre-breakdown consolidation is forming

2024年2月23日

註釋

Consolidation above 1.404 will form an ideal entry point
Price continues to accumulate the potential to break resistance

2024年3月1日

註釋

A resistance breakout is forming
The impulse gives us +13%, after which a correction is formed. If buyers keep the price above 1.400, the growth will continue

2024年3月2日

交易進行

The realization of a resistance breakthrough is taking shape
+15%

2024年3月8日

交易結束：目標達成