This chart looked so much better in the lower timeframe, that I had to scale down but the signals I wanted to show you can be seen on the weekly.
AGLDUSD is trading above EMA50 weekly and the MACD has gone bullish there as well. Two signals that are enough to warrant some deeper look into this pair.
We have a different chart here, or I should say stronger than most.
Adventure Gold bottomed November 2022 like Bitcoin and you know that many Altcoins, just way too many, decided to hit new lows last month (June 2023).
The fact that this pair is going the other way and actually hitting new highs is a major signal of strength.
The fact that it bottomed in November means that it is not going inverse to the market and will reverse when the market moves up, but rather confirms that the pair is strong and ready to go on when the time comes.
There you have it. I mentioned the classic signals as promised in my previous articles and the potential can go to 275% within 1-3 months, which is medium-term.
I say 1-3 but normally when momentum builds up, it goes fast and strong but the corrections are also big and it prolongs things and a level that seems able to be hit within days can take weeks.
Patience is the key.
Think long-term, eat healthy and breathe.
The better your health becomes, the more stable your mind is, the more money you can receive.
Namaste.