$AGT UPDATE - TP1 TP2 HIT NEAR TP3 STILL BEARISH
We called SHORT at 0.0520 - 0.054 Resistance EMA20 0.052047 / EMA50 0.054297
Results:
TP1 0.04989 -4.0% 1:1 RR - HIT
TP2 0.04610 -12.0% 2.1:1 RR - HIT
TP3 0.04200 -19.6% 2.8:1 RR - Near hit, now at 0.04283
Current price 0.04283 - Already -22.88% from entry - All shorts in massive profit
Is it still bearish?
YES - Still bearish
Reason:
- Price below EMA20 and EMA50 still
- RSI 41.62 Weakening Momentum Down
- Volume confirms downtrend
- Rejection at EMA50 still valid
- No reversal sign yet
What to do?
If in short from 0.0520-0.054: Book 70% at TP1/TP2, hold 30% runner with SL to entry 0.0520 for free trade to 0.04200 and below
If not in trade: Don't long yet. Wait for reclaim above 0.05204 or short bounce to 0.04610 - 0.04989 again
Best trade still SHORT Bias Bearish continuation
AGT to 0.04000 coming
We called SHORT at 0.0520 - 0.054 Resistance EMA20 0.052047 / EMA50 0.054297
Results:
TP1 0.04989 -4.0% 1:1 RR - HIT
TP2 0.04610 -12.0% 2.1:1 RR - HIT
TP3 0.04200 -19.6% 2.8:1 RR - Near hit, now at 0.04283
Current price 0.04283 - Already -22.88% from entry - All shorts in massive profit
Is it still bearish?
YES - Still bearish
Reason:
- Price below EMA20 and EMA50 still
- RSI 41.62 Weakening Momentum Down
- Volume confirms downtrend
- Rejection at EMA50 still valid
- No reversal sign yet
What to do?
If in short from 0.0520-0.054: Book 70% at TP1/TP2, hold 30% runner with SL to entry 0.0520 for free trade to 0.04200 and below
If not in trade: Don't long yet. Wait for reclaim above 0.05204 or short bounce to 0.04610 - 0.04989 again
Best trade still SHORT Bias Bearish continuation
AGT to 0.04000 coming
