ADX
ADXBTC Good Consolidation but not overADX has found support at the .382 fib retracement.
Continued trend could quickly hit .000106 for support. A reversal outside the channel will be a good sign for positive direction change.
Look for confirmation at .0002 and then targets at .0003 and 00065 quickly to follow.
ADX 1HOUR Chart Uptrend (AdeX Prototype Next Month!)ADX has broken through the downtrend that was caused by FUD related to china news, J.P morgan news and even Charlie Lees words on twitter. Remade my chart from 1 day to 1 hour so you can track it throughout the day. 1st Target is 24k and second 34k for a full retracement. This is my first analysis so please don't kill me if its wrong LOL.
ADEX POTETIAL UPTREND. 30%+Adex is sitting nicely on the Fibonacci, follow the support and resistance when trading. Adex tends to recover very quickly compared to other coins due to its volatility so make sure to set your stop-limits. (Especially when cryptocurrency markets have been rough lately)
I currently have mine an 8% - 10% of the price I bought in at.
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
ADX moon phase 2Adx breaking down on strong support at .99c level , with impending news the moon is on the horizon.
Ripple Analysis (1hr)Ripple recently broke the local downstream line, but the volume is not very big.
Also the market rebounded from the next downtrend line.
However, the ADX line (blue line in the DMI indicator) crossed level 20 and this allows us to open long positions.
You can place pending buy orders at ~ .24
Good luck!