AGIX possible inverse head & shoulders pattern

AI cryptos have cooled off a bit but in mid/long-term they are still attractive because AI is really transforming the world.

AGIX is one of the hottest AI cryptos (beside FET, OCEAN, GRT...). It seems that an inverse H&S pattern is under formation for AGIX.

Prices are close to a potential buy area for the following reasons:

• Potential bottom of the right shoulder
  
• Strong local support Fib 0.618
  
• Decling volume indicating that sell pressure would be vanishing soon
  

How do you think about this analysis and AGIX?

Thanks!

Trade attivo:

AGIX is in buy zone. Prices touched the Fib 0.618 and is bouncing

Commento:

AGIX is up 10% (for the moment) along with other AI cryptos.

Trade chiuso manualmente:

I closed this trade waiting for better condition to re-enter.