ADXBTC Bittrex 4H up to 26APR18 Trading Analysis (TA)ADXBTC Bittrex 4H up to 26APR18
4H Chart, also works in 1H, at this time the ADEX (ADX) has been floating on SUPPORT ZONE 2 for a couple of days after RESISTANCE ZONE 1 became into SUPPORT; the 50,100,200 MA indicator already crossed and has been moving into an ascending pattern (Green Arrows), the RSI (Blue Arrow) is moving into an ascending pattern and the MACD is about to cross up (Black Checkmark), if this keeps this way will meet again RESISTANCE ZONE 2 to then move forward, but keep always in mind that also may go down. At this time the Market Cap in hovering the 399 Billions. Good Luck!
4H Chart, también funciona en 1H, en este momento el ADEX (ADX) ha estado flotando en SUPPORT ZONE 2 durante un par de días después de que RESISTANCE ZONE 1 se convirtió en SUPPORT; el indicador MA 50,100,200 ya cruzo y se ha movido hacia un patrón ascendente (Flechas verdes), el RSI (Flecha azul) se está moviendo en un patrón ascendente y el MACD está a punto de cruzar hacia arriba (Checkmark), si esto se mantiene de esta manera se encontrará nuevamente con la ZONA DE RESISTENCIA 2 para luego avanzar, pero tenga en cuenta que también puede bajar. En este momento, el Market Cap está rondando los 399 mil millones. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Adex
ADXBTC Bittrex 4H up to 23APR18 Trading Analysis (TA)ADXBTC Bittrex 4H up to 23APR18
4H Chart, also works in 1H, at this time the ADEX (ADX) has been floating on SUPPORT ZONE 2 for a couple of days after RESISTANCE ZONE 1 became into SUPPORT; the 50,100,200 MA indicator already crossed and has been moving into an ascending pattern (Green Arrows), the RSI (Blue Arrow) is slightly moving into an horizontal pattern and the MACD even though is crossing down (Orange Alert) we need to keep our eyes open, if this keeps this way will meet again RESISTANCE ZONE 2 to then move forward, but keep always in mind that also may go down. At this time the Market Cap in hovering over the 401 Billions. Good Luck!
4H Chart, también funciona en 1H, en este momento el ADEX (ADX) ha estado flotando en SUPPORT ZONE 2 durante un par de días después de que RESISTANCE ZONE 1 se convirtió en SUPPORT; el indicador MA 50,100,200 ya cruzo y se ha movido hacia un patrón ascendente (Flechas verdes), el RSI (Flecha azul) se está moviendo ligeramente en un patrón horizontal y el MACD aunque está cruzando hacia abajo (Alerta naranja) necesitamos mantener nuestros ojos abiertos, si esto se mantiene de esta manera se encontrará nuevamente con la ZONA DE RESISTENCIA 2 para luego avanzar, pero tenga en cuenta que también puede bajar. En este momento, el Market Cap está rondando los 401 mil millones. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
AdEx...What a day!Busting through the .618 on my Fib and wicking all the way thru a stacked Fibonacci to the.382 price action bounced perfectly as it began to correct. After some serious volume came in 4/22 pushing the price up close to 200%. AdEx has been riding horizontal support on the 1-hour chart just falling through. AdEx could see the .618 again before another bounce. This, of course, is not advice or a certain path, it is of course only one idea of many which are likely.
No brainer buyWTC hitting support on the 786
Been accumulating for a while
Indicators looking very nice
Entry should be made on a lower time frame. There will be a little pull back so dont miss your chance.
Don't forget to hit the like button or follow me on Trading View for more chart analysis :)
Adex VS Bitcoin +630% PotentialAdex is currently trading within the descending channel, although on the last wave up it failed to test the upper trendline of the channel and went down. The decline was stopped at the 10k satoshis, that is a strong psychological support as well as 76.4% Fibonacci retracement level.
While the support is holding it is very likely that ADX/BTC could establish an uptrend, towards 74k satoshis resistance confirmed by two Fibonacci retracement levels. That is 630% growth potential over the Bitcoin.
On a downside, daily break and close below 10k satoshis could extend the consolidation and send price back to 5.5k satoshis support, nevertheless, that price should be far more attractive for buyers.
Adex on weeklySimple chart does not means it is wrong. Expecting huge movements in folowing month. The chart alligns with the Adex development progress ( beta prototype was realeased). I'm holding and expecting as high as x50 returns in a year(same max supply as Neo with price at 140$ and adex at 1.4$ so the potential is there). Fingers crossed...
Adex VS Bitcoin 200% Growth PotentialThe downtrend of the Adex has ended at 5500 satoshi where it found the bottom and then went up breaking above the descending channel and hitting the 25k satoshi high. The corrective wave followed resulting in a rejection of the 61.8% Fibonacci retracement level, after which the downtrend trendline was penetrated, suggesting the beginning of an uptrend.
Fibonacci applied to the corrective waves down after the descending channel and the downtrend trendline breakouts show the strong resistance at 44k satoshi, that is over 200% potential gain from the current price. Although the timing and the price seem to be right, the consolidation could also take place.
On a downside, daily break and close below the 12k sathoshi could invalidate bullish outlook.
ADX pointing a first eye at the moon again (100% profit potent.)Another one set for a potential upward break-out!
AdEx is trading on a strong support and has just formed a Heikin Ashi doji (those who follow me will know by now that I sometimes refer to this trading technique (e.g. Previous post on BlockMason resulting in a 100%+ trade in a matter of days).
The setting of this one is quite similar, although ADX is already trading under it’s longer term blue Fibonacci retracement (78,6). The daily graph shows us a triangle (or even a bull flag if you will). We have to break through it on strong volume to confirm upward momentum . Given that we have a doji right now, ànd a bullish cross in the MACD , makes me believe this one could be ready to provide us some nice returns as well in the upcoming days.
We also see very low volume for the time being, if there is a nice spike there soon, together with upward momentum, we will be in for a treat.
FYI – I also highlighted some previous dojis & spinning tops that preceded and indicated a trend reversal in the graph (see white rectangles that highlight them!).
We should break around 16000 sat to be in the clear (nice entry point).
Note that the horizontal lines are Fibonacci retracement levels; + the white horizontal is a separate support line.
Good luck