Adexbitcoin
ADXBTC formed bullish Gartley | Upto 21.5% bullish move expectedPriceline of AdEx / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00001005 to 0.00000950
Sell between: 0.00001049 to 0.00001155
Regards,
Atif Akbar (moon333)
ADXBTC retraced start formation of B to C leg for upto 46% moveThe priceline of AdEx / Bitcoin has retraced between 0.618 to 0.786 Fibonacci to form some harmonic pattern.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
We have 100 simple moving average support beneath potential reversal zone.
MACD is turned weak bearish from strong bearish.
Stochastic has given bull cross from oversold zone.
I have set targets using Fibonacci sequence:
Buy between: 0.00001038 to 0.00000935
Sell between: 0.00001121 to 0.00001367
Regards,
Atif Akbar (moon333)
ADXBTC has hit the channel's support | Upto 408% expectedPriceline of AdEx / Bitcoin is moving within a down channel and hitting the support after Nov 2019.
MACD is turning bullish.
RSI is oversold.
Stochastic has given bull cross.
Ichimoku cloud is bearish now getting squeezed.
I have defined targets using Fibonacci sequence:
Sell between: 0.00002139 to 0.00003644
Regards,
Atif Akbar (moon333)
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"
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