AGIXUSD Major bullish break-out!

The SingularityNET token (AGIXUSD) broke today (aggressively) above its 1D MA200 (orange trend-line), where it was rejected both on September 17 and August 14. If it successfully closes the 1D candle above it, it will be the first time to do so ever.

Having also broken above its All Time High Lower Highs trend-line, we can argue that AGIX is on a massive bullish break-out. The medium-term pattern is a Channel Up, supported by a Higher Lows trend-line starting on the July 15 Low. As long as it trades within it, expect a pull-back at or slightly below the 1D MA50, which will be a buy opportunity. A break above the Channel, should be enough to accumulate more buyers and target the 0.618 Fibonacci retracement level.



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