ADXBTC
ADX-BTCBuy In Points : .00011550
ADX looking similar to a breakout where the red arrow is located.
If Moving Average plays the same way we may see a breakout.
RSI and MACD trending downward waiting for reversal confirmation.
Be mindful with upcoming BTC HF.
Always Set a Stop Loss.
Blue Lines = Support/ Resistance
Green Lines = Trend Lines
Yellow Rectangle is strong Buy Area.
ADX possible bounce off new supportADX hit its lowest low, creating a double bottom and forming a new support level (dotted trend line). Potential for great profits with enough volume.
(Due to BTC's current bull state, pre-fork, it's very it's very possible for price to drop further and bounce on the bottom of falling wedge trend line)
ADEX 4 HOUR TIME FRAME BUY FOR LONGAdex is showing Bullish Divergence. Los Angeles 9:05 AM.
Adex found support near the 12k sat and looking to recover above the clouds.
If RSI breaks 50, a new trend will start and above 60 for the bullish run.
The price action is about to break the Kijun-sen and find support on the 26 day moving average.
Bullish divergence shown on the macd.
The yellow dot marks the area where Adex missed the run.
Adex has a good setup for a big run with the accumulated strength & continuing bullish divergence.
To confirm/predict an uptrend - Look for the Chikou Span -26 lagger (green) to cross the Kijun-sen 26 HL (red) and we can confirm/predict an uptrend before it starts happing in the price action.
ADXBTC: likely going lowerADX is also being pushed down due to the massive bull run of BTC.
This is currently my primary view.
As we broke the low of wave A, it is likely ADX will correct lower before it is ready to rally.
Let's see if we get the long setup.
Also some nice divergence showing on the 4 hour MACD.
ADX/BTC Support & Resistance - My JourneyI've spent the day charting the support and resistance lines for AdEx. I've indicated where I've bought into the coin. Although normally I follow a doubling, tripling, or quadrupling up method on a market downturn, I digressed from my normal path here a bit, buying more at a higher price than normal for myself. I corrected, and am currently waiting to quadruple up at the bottom of the market depending on what it does. I believe the market might turn around when it hits this next support line, but trends seem to also show that the market as a whole is in a bearish downturn due to the looming forks and uncertainty surrounding BTC. This is an excellent time to wait, be patient, and QUADRUPLE DOWN on your investments! When the dust settles from the BTC hard fork, the alt coin markets will come surging back as all those money chasers look to double, triple, or quadruple their money! I personally will wait to see how low the market goes before maybe octopuling (real word?) up at the real bottom!
ADXBTC TA for the Day! In a massive buy zone IMOADX looks to have hopefully found it's latest bottom. It's finding resistance at our past crash fib. All other indicators showing signs for possible reversal, and it being in a buy zone. If we come back up to test the resistance at the previous 100% fib we should see it crack through continue it's movement up to next resistance levels.
I personally and loading up on ADX at these points.
Thoughts?
ADXBTC - Perfect setup on dailyADXBTC is setting up nicely for another rally soon. 3 major supports on Daily are coinciding between 0.000230 and 0.000240.
1) 50% Fib of previous rally at 0.000232
2) 9MA support at 0.000236
3) Horizontal support at 0.000234
As a trader, I would start buying at 0.000240 as all above mentioned supports (if honored), indicate towards bullish continuation.
Targets - 0.000280, 0.000296, 0.00038, 0.000370, 0.000470
Stoploss around 0.000199 (to avoid false breakdown)
Long term bullish view on this pair, as expected product news yet to be priced in
Previous ADXBTC successful analysis link below:
www.tradingview.com
ADEX in downtrend, wait for it to break out before buyingI'm keeping it simple, ADX is going through a correction but in the short term its oversold. Currently resting at the .5 FIB around 24.2k SATS and next big support is the important .618 FIB at the 22k level. Ill probably rebuy some around then if it touches, or if it break out of this downward channel were currently in
Let's watch ADX / USDGood Hidden Bullish Divergence
For the 12 October max, if the divergence is ready by now, then we should have a good surprise with a raise to 1.7's
+0.55 from 1.16
AdEx Breakout to ATH?AdEx Breakout to ATH?
Cliff High:
"The data sets would have AdEx (and others in the space) be benefiting from the 'money vacuum' that is forecast to be 'plunging' with the 'destroyed channels (for payment)' by February 2018. The data would have the 'alternative (to usual) advertising' space go into 'hyperactive frenzy' in a very 'visible' manner fromMarch of 2018 forward for a number of years."
ADXBTC - Breakout trade ideaWatching ADXBTC for a potential breakout, plan is to wait for cliche cup n handle, enter with any sign of momentum forming where shown. Alternatively, less aggressive approach is to wait for it to break above the upper trendline and enter at first retracement in a lower timeframe. Targets above shown.