AdEx / BitcoinLong
ADX possible bounce off new support
ADX hit its lowest low, creating a double bottom and forming a new support level (dotted trend line). Potential for great profits with enough volume.
(Due to BTC's current bull state, pre-fork, it's very it's very possible for price to drop further and bounce on the bottom of falling wedge trend line)
(Due to BTC's current bull state, pre-fork, it's very it's very possible for price to drop further and bounce on the bottom of falling wedge trend line)
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.