✴️ AdEx Classic Price Action (Low + Consolidation = Bullish)
Updated
This is a repeating pattern across the market and between cycles, let's see what we have here.
(1) AdEx (ADXUSDT) goes on to produce a "bottom low" in November 2022 leading to the formation of a consolidation pattern. Afterward a bullish wave develops.
(2) AdEx goes again and hits a correction low ("higher low" on the chart) which starts the formation of a new consolidation pattern.
We can expect a bullish break of this pattern; Once the consolidation is over growth follows, like clockwork.
Namaste.
(1) AdEx (ADXUSDT) goes on to produce a "bottom low" in November 2022 leading to the formation of a consolidation pattern. Afterward a bullish wave develops.
(2) AdEx goes again and hits a correction low ("higher low" on the chart) which starts the formation of a new consolidation pattern.
We can expect a bullish break of this pattern; Once the consolidation is over growth follows, like clockwork.
Namaste.
Comment
160% So far... It can keep on growing and growing.
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