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...
My opinion on this idea is that ADXBTC has reached potential bottom. If you take a look at RSI indicator and price, you will see that we have lower lows on price chart, but whereas on indicator it's not going lower than 30 level, it's called divergence and in our case it's bullish. Additionally, price has reached 0.236 Fib level, which is last fib retracement...
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
Huge R&R ratio. The chart says it all. Not a financial advice. DYOR!
Here I buy AdEx and AdEx will go up. The price is testing the major resistance, so now I buy and the bullish breakout will start. And AdEx will go up. See you up there
ADXBTC ADX has been piling up for a long time ✅ 1 - 0.0000140 ✅ 2 - 0.0000171 ✅ 3 - 0.0000217 If you like what I do, put 👍 and subscribe Waiting for your comment, what do you think about this?
Put Stop loss below Support
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...
Double Bottom Pattern for ADX gave us a chance for 12.6% profit Second round? 🧐