Alt Coin Analysis: AGLD
🚀 Bullish Scenario:
My analysis shows that Atom may experience a bullish trend in the medium term. The current price is hovering around the support level of $.98. If it manages to hold this level, we can expect the price to rise to the next resistance level at $1.36 and potentially break out.
📈 The RSI indicator is currently in the oversold region, indicating that Atom is undervalued and may experience a bullish reversal soon. Additionally, the MACD indicator is showing signs of a bullish crossover, indicating that the momentum is shifting upward.
🔻 Bearish Scenario:
However, it's important to consider the possibility of a bearish trend. If Atom fails to hold the $.98 support level, we could see a drop to the next support level around $.80
📉 In this case, the RSI could remain in the oversold region for a longer period, and the MACD might show a bearish divergence.
Strategy: If the price drops below the support level, it may be wise to consider setting stop-loss orders or buying at the lower support level for a potential reversal.
💬 Engage with Me:
Shoot me a message with your Technical Analysis to see your thoughts and trading strategies. Let's discuss where Atom might go next!
👍 Support & Follow:
Press the Thumbs Up and shoot me a message below with your ideas on where Atom may go next. Thank you for the support!
🔗 Previous Chart Links:
Below are some previous chart links I've written in the past for reference:
#CryptoWhale100Billion #CryptoAnalysis #AltCoin #AGLD #TradingView #CryptoCommunity
🚀 Bullish Scenario:
My analysis shows that Atom may experience a bullish trend in the medium term. The current price is hovering around the support level of $.98. If it manages to hold this level, we can expect the price to rise to the next resistance level at $1.36 and potentially break out.
📈 The RSI indicator is currently in the oversold region, indicating that Atom is undervalued and may experience a bullish reversal soon. Additionally, the MACD indicator is showing signs of a bullish crossover, indicating that the momentum is shifting upward.
🔻 Bearish Scenario:
However, it's important to consider the possibility of a bearish trend. If Atom fails to hold the $.98 support level, we could see a drop to the next support level around $.80
📉 In this case, the RSI could remain in the oversold region for a longer period, and the MACD might show a bearish divergence.
Strategy: If the price drops below the support level, it may be wise to consider setting stop-loss orders or buying at the lower support level for a potential reversal.
💬 Engage with Me:
Shoot me a message with your Technical Analysis to see your thoughts and trading strategies. Let's discuss where Atom might go next!
👍 Support & Follow:
Press the Thumbs Up and shoot me a message below with your ideas on where Atom may go next. Thank you for the support!
🔗 Previous Chart Links:
Below are some previous chart links I've written in the past for reference:
#CryptoWhale100Billion #CryptoAnalysis #AltCoin #AGLD #TradingView #CryptoCommunity
Not
It looks like AGLD Targeted $1.29 and had a resistant pullback. Did its thing. 
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.