AdEx - Looking very bullish and very cheap!
Looking at the weekly, the price has been on a slow and steady rise since late August.I think this low volatility in price action, especially as they it is squeezed into the bottom the bottom of this wedge, will probably be met with some high bullish volatility to the upside. It is hitting strong resistance, but I think the sellers have been exhausted and the price has become to attractive to pass up. Confidence and market cap have been flowing back into the market. As a result in the short-term, ADEX looks prime for a big jump. In the long-term, very bullish. Based on the wedge height, I set a target price .00032 would be a 10x target. It may seem unrealistic after 10 months of selling, but it is certainly possible if we have a strong bull run like last year. This very well could be a modest target if it really takes off. Either way, I am buying at these prices.
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