đANALYSIS OF AGLD/USDTđ
Current Trend: The current trend for
AGLD/USDT is looking bullish, with a potential breakout above the trend line.
The correction that started in March 2024 may be over, and the pair is expected to hit new highs.
Key Levels to Watch:
- Support: 0.9132 USDT, 0.786 Fib. retracement level
- Resistance: 0.9379 USDT, 0.9393 USDT
Technical Analysis: The Relative Strength Index (RSI) and other technical indicators suggest growth, with a possibility of a growth reaction from the 50% level.
Trade Ideas:
- Long-term: Buy above 0.9298 USDT, target 13 USDT (16x potential)
- Short-term: Sell below 0.9132 USDT, target 0.436 USDT
Market Sentiment: The market sentiment is currently bullish, with a 60% chance of an upward move.
Keep in mind that cryptocurrency markets are highly volatile, and thorough research is always advised before investing.