we've seen across the entire crypto market where levels have been broken and AGI just broke its local move .618 and possibly heading to complete its ugly c&h and a break to shoot higher what I like about it here is that it found support by its 50MA in the 4H chart and that it's pretty much above many many major moving averages.
NEM broke out of a C&H formation targets could vary. the .618 is the most logical place it could go to after breaking this major resistance level. This setup could be played right now based on the c&h but you would be an aggressive trader taking it now knowing that you have the two levels right in from, the daily 200 simple moving average and the major swing...
This is just one of pairs i've been keeping an eye on, not expecting it to hit the 618 but who knows we have 6 days left for this to happen.. also the btc pair could follow so we wait and see..
I am not sure if this makes sense or not or if it even means anything but I'm long here despite all the negative feelings, I might be mistaken which is why a stop loss at around 7600 would be good with a very very low leverage.. not a financial advice
i need some inputs on this idea, what do you guys think ?
Lines represents the buy back dates. gave them the benefit of the doubt and calculated these prices based on highest daily value. So at least 410m vets are going to be bought during Sunday and Monday.. Hopefully ?
I'm thinking it could go up for a bit in the next few days
All explained in the chart, i'm not very confidant about this one but it seems running toward breaking this resistance 45degree resistance within two-three days, this should set it up for around 10% increase in value.
Everything is explained in the chart, my theory here stands on the MACD showing a potential reverse in movement in the upcoming days. Not to mention, the trend line crossing a support line and above mean value at the point of intersection might result in the bullish movement. This is just a theory it's not a financial advice to invest, it's up to you. potential...
As we are getting closer and closer the the AMA and the announcement of the new partnership we will see moves up and down,, but only 2 hours remain to know if this gamble could take us to the "Moon" ~14sats which would be a huge profit percentage.. lets see and watch closely
I'm thinking this is how it will play off.. it's not clear but there is a head and shoulders pattern.. if this chart holds, i doubt that it will break that 151 resistance line. sell price : ~147 what ever you do, it's at your own risk..