BINANCE: ADXBTC -AdEX is trading inside a Bullish descending channel -The confirmation of this pattern is a break to the upside -The price is now trading at the previous resistance area -The 200D MA dynamic support is approaching the price -I recommend buying the break or retest of trendline resistance -Upside potential is up to 2600 sat ^Trading involves...
ADX/BTC -AdEx has been trading above 0.618 Fib level for 6 days now -This is also a confluence of 50D MA dynamic support area -It is currently showing strength and some attempts to break 1800 sat range -If we can see two daily consecutive green candles -There is a chance of potential upside breakout in the short term -Let's hope BTC will remain sideways in this...
ADX/BTC -After the recent over 200% price pump -The price has retraced already by -50% -ADX just broke the local support at 1800 range -It is likely to fall further around 1350 support area -If we can see any reversal signs in that region -I recommend to open a Buy position and target up to 1700 or higher -Stoploss is determined once a position enter is opened
ADX/BTC -The price touches the 200D MA & Key trendline support -A strong bounce reaction happened to create a 15% relief pump -If BTC Dominance will start moving sideways for the next 5-7 days -ADX may likely to retest 1157 sat range which is a potentially new resistance -But if the 1100 region becomes a new wall of the barrier -It may send the price down and...