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ADX

ADX Trend reversalADX found strong support at the $1 (21k sats) line, and had strong volume come in that lead to a breakout of the 2 week downtrend. The breakout however was brought to a an abrupt stop at the previous support line we broke yesterday. If we fail to break resistance at 24600 sats a second it will lead to a double top and we may test 1$ support again. Buy signals- It's recommended wait for a bounce off the old downtrend line OR for conformation above the the 24700 sat resistance line before opening any long trade. My buy in {22500 Sats} $1.04 Price target { 31000 Sats} $1.40* Stop-Loss at {20600 Sats} $.90 Swing Trade 3-5 days -Constructive criticism/comments welcome! Help me become a better trader
Long
by NathanielEverett
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