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AGLD has broken out of a well-defined falling wedge on the 8H timeframe — a classic bullish reversal pattern. The breakout is backed by strong volume and momentum, currently trading at 0.92. As long as price holds above the breakout zone (~0.83), upside targets are in play:
TP1: 1.058
TP2: 1.49
SL: 0.727
Risk-reward is favorable. Watch for retest confirmation before full exposure.
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
AGLD has broken out of a well-defined falling wedge on the 8H timeframe — a classic bullish reversal pattern. The breakout is backed by strong volume and momentum, currently trading at 0.92. As long as price holds above the breakout zone (~0.83), upside targets are in play:
TP1: 1.058
TP2: 1.49
SL: 0.727
Risk-reward is favorable. Watch for retest confirmation before full exposure.
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
Trade active
AGLD breakout confirmed! Price moving up after testing wedge resistance. Maintain stop-loss and watch volume for confirmation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.