ADX is looking really good, and, for me it seems that is warming up for a run! Let's go directly to the action and take a look at this chart!
· as you can see there is a harmonic pattern forming ( three drives pattern)
· MACD and RSI are bullish
· we have a divergence
· there is a W on a daily chart(1D) and if you put on a weekly chart (1W), you will see that another w is forming ( a very strong signal)
· now we are trading between 100 and 200 moving averages
Trade: ADX/BTC
Buy: 2750-2850
Targerts:
1. 3450 ( main target for short term, 0,618 fib level )
2. 3866
3. 4397
Stop loss: below 2503
Disclaimer :
My ideas are never financial/invest advice! For a favorable outcome, make your own research!
Don't forget it's all about patience and positive thinking!
Feel free to share your thoughts on the comment section below.
If you like my idea, push that like!
· as you can see there is a harmonic pattern forming ( three drives pattern)
· MACD and RSI are bullish
· we have a divergence
· there is a W on a daily chart(1D) and if you put on a weekly chart (1W), you will see that another w is forming ( a very strong signal)
· now we are trading between 100 and 200 moving averages
Trade: ADX/BTC
Buy: 2750-2850
Targerts:
1. 3450 ( main target for short term, 0,618 fib level )
2. 3866
3. 4397
Stop loss: below 2503
Disclaimer :
My ideas are never financial/invest advice! For a favorable outcome, make your own research!
Don't forget it's all about patience and positive thinking!
Feel free to share your thoughts on the comment section below.
If you like my idea, push that like!
Note
1. 3450 target reached2. 3866 target reached
Note
3. 4397 target reachedTrade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.