Adxbitcoin
✳️AdEx/BTC (15/11) View + Trading Plan #ADX $ADXADX is continuously rejected in the 1900-2000sts region since August and currently the trend of ADX is to fall to the zones of 1200sts, 1000sts and deepest in the 500-600sts
Only when ADX closes 1D candle above 2000sts, ADX will have a stable and strong rally.
📈BUY- LONG
- Buy: 1200-1300sts. Stoploss if B
- Buy: 900-1000sts. Stoploss if B
- Buy: 500-600sts. Stoploss if B
📉SELL-SHORT
- Sell close to 1900-2000sts. Stoploss if A
♻️BACK-UP
- Buy close to 1900-2000sts if A. Stoploss if B
- Buy: 2700-2800sts. Stoploss if A
- Buy: 3400-3500sts. Stoploss if A
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
ADX/BTC (Trading @ 0.618 Fib level)ADX/BTC
-AdEx has been trading above 0.618 Fib level for 6 days now
-This is also a confluence of 50D MA dynamic support area
-It is currently showing strength and some attempts to break 1800 sat range
-If we can see two daily consecutive green candles
-There is a chance of potential upside breakout in the short term
-Let's hope BTC will remain sideways in this week
-So Altcoins may have the chance to recover from its recent pullbacks
ADX/BTC (200D MA ~ Key Support?)ADX/BTC
-The price touches the 200D MA & Key trendline support
-A strong bounce reaction happened to create a 15% relief pump
-If BTC Dominance will start moving sideways for the next 5-7 days
-ADX may likely to retest 1157 sat range which is a potentially new resistance
-But if the 1100 region becomes a new wall of the barrier
-It may send the price down and retest the swing low at 927 sat area
-Technically, trading is back inside a sideways channel
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)