I've spent the day charting the support and resistance lines for AdEx. I've indicated where I've bought into the coin. Although normally I follow a doubling, tripling, or quadrupling up method on a market downturn, I digressed from my normal path here a bit, buying more at a higher price than normal for myself. I corrected, and am currently waiting to quadruple...
ADXBTC is setting up nicely for another rally soon. 3 major supports on Daily are coinciding between 0.000230 and 0.000240. 1) 50% Fib of previous rally at 0.000232 2) 9MA support at 0.000236 3) Horizontal support at 0.000234 As a trader, I would start buying at 0.000240 as all above mentioned supports (if honored), indicate towards bullish continuation. ...
Elliott correction waves, C leg in progress Rebound expected on support Entry possible in the blue box after rebound confirmation
Good Hidden Bullish Divergence For the 12 October max, if the divergence is ready by now, then we should have a good surprise with a raise to 1.7's +0.55 from 1.16
AdEx Breakout to ATH? Cliff High: "The data sets would have AdEx (and others in the space) be benefiting from the 'money vacuum' that is forecast to be 'plunging' with the 'destroyed channels (for payment)' by February 2018. The data would have the 'alternative (to usual) advertising' space go into 'hyperactive frenzy' in a very 'visible' manner fromMarch of...
AdEx with Elliott Waves 12345 AdEx - is not just a crypto currency - it's a project that can change the world of advertising, for the better. A crypto currency AdEx (ADX) is money inside the platform. January 30, 2018 - Beta release By January 2019, AdEx developers are planning to release the AdEx v.2 platform
Follow the money flow. Volume has been steady AdEx could look to move up soon.
Adex has recently broken out since my last analysis and is now consolidating at its resistance level. If it breaks we may see another leg upward, trade the lines accordingly.
ADX has surfaced from being under the 77 and 231 MAs. Finding support around .00022 for a second leg up towards the .00045 resistance. The next support zone should set up around the .0003 for future bounces. Could we see a take out of the ATH? Target 2 could be around .00065 with shadows to .0007. Expect a quick reversal back to support shadows hitting .0003.
Just messing around with the interactive chart and decided to share my opinions.
Oooooh baby! We have ourselves a big mover. Message me for entries/exits so you don't miss out!
Bullish pennant Slow accumulation Possible breakout to the blue box to test the next Fib level
ADX has found support at the .382 fib retracement. Continued trend could quickly hit .000106 for support. A reversal outside the channel will be a good sign for positive direction change. Look for confirmation at .0002 and then targets at .0003 and 00065 quickly to follow.
ADX has broken through the downtrend that was caused by FUD related to china news, J.P morgan news and even Charlie Lees words on twitter. Remade my chart from 1 day to 1 hour so you can track it throughout the day. 1st Target is 24k and second 34k for a full retracement. This is my first analysis so please don't kill me if its wrong LOL.
Unfortunately, Our last trend failed as Adex failed to break the resistance as there was simply not enough buying power. However, the markets seem to be recovering slightly and this could lead to an increase its value.