đ $AGT is showing a potential technical setup!
This daily chart shows a strong recovery and an impulsive move breaking above established local consolidation zones.
đ The Technical Setup:
⢠The Pattern: Harmonic Pattern / Bullish Continuation
⢠Short-term Target: 0.0266
⢠Macro Objective: 0.0300
⢠Market Structure: Impulsive breakout and recovery
đŻ Key Levels to Watch:
⢠Support / Accumulation Zone: 0.0180 - 0.0200
⢠Resistance: 0.0266
⢠Breakout Level: 0.0240
⢠Stop Loss / Invalidation: 0.0160
đ Confirmation:
⢠Volume: Increased buying volume on recent move
⢠Momentum: Strong upward momentum above EMA/SMA levels
⢠Trend: Bullish trend structure with higher lows
â ď¸ Invalidation:
Closing below the 0.786 Fibonacci support at 0.0160 would invalidate the current bullish setup.
The asset is currently testing key local resistance; a sustained breakout above 0.0240 could pave the way for testing the previous highs.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#AGT #crypto #BinanceSquare #Binance #BTC
This daily chart shows a strong recovery and an impulsive move breaking above established local consolidation zones.
đ The Technical Setup:
⢠The Pattern: Harmonic Pattern / Bullish Continuation
⢠Short-term Target: 0.0266
⢠Macro Objective: 0.0300
⢠Market Structure: Impulsive breakout and recovery
đŻ Key Levels to Watch:
⢠Support / Accumulation Zone: 0.0180 - 0.0200
⢠Resistance: 0.0266
⢠Breakout Level: 0.0240
⢠Stop Loss / Invalidation: 0.0160
đ Confirmation:
⢠Volume: Increased buying volume on recent move
⢠Momentum: Strong upward momentum above EMA/SMA levels
⢠Trend: Bullish trend structure with higher lows
â ď¸ Invalidation:
Closing below the 0.786 Fibonacci support at 0.0160 would invalidate the current bullish setup.
The asset is currently testing key local resistance; a sustained breakout above 0.0240 could pave the way for testing the previous highs.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#AGT #crypto #BinanceSquare #Binance #BTC
