ADXBTC H2: 50% gains possible / BUY/HOLD setup(SL/TP)(NEW) Why get subbed to to me on Tradingview?
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ADXBTC H2: 50% gains possible / BUY/HOLD setup(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ADXBTC 2hour chart review/outlook
::: BULLISH cup and handle setup
::: BUY/HOLD setup
::: based on measured move
::: TP BULLS is +45% gains
::: expecing bull run shortly
::: buy/hold / stop loss below
::: recent lows
::: good luck traders!
::: and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: BULLS
ADXBTC
AdEx (ADX) Prepares For Something BIG!AdEx (ADXBTC) is preparing for a big move.
First, we have the massive candle on 29-July.
Then, we have the strong candle on 11-Sept.
Third, prices bounced off EMA300 rather than reaching MA200, signaling strength...
ADXBTC is likely to grow long-term.
We will see the last high taken out at 0.00003385 and even higher prices.
Patience is key, once you buy-in.
Remember to build a plan if you want to succeed.
Namaste.
ADX/BTC (Bullish Descending Channel?)BINANCE: ADXBTC
-AdEX is trading inside a Bullish descending channel
-The confirmation of this pattern is a break to the upside
-The price is now trading at the previous resistance area
-The 200D MA dynamic support is approaching the price
-I recommend buying the break or retest of trendline resistance
-Upside potential is up to 2600 sat
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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
ADXBTC Reached BottomMy opinion on this idea is that ADXBTC has reached potential bottom. If you take a look at RSI indicator and price, you will see that we have lower lows on price chart, but whereas on indicator it's not going lower than 30 level, it's called divergence and in our case it's bullish.
Additionally, price has reached 0.236 Fib level, which is last fib retracement level and some bounce is expected from this level. If price keeps higher than 1523, then we are going to 0.386 Fib level soon.
Good luck and keep your SL tight !
ADX/BTC (Potential Support @ 1350 sat area)ADX/BTC
-After the recent over 200% price pump
-The price has retraced already by -50%
-ADX just broke the local support at 1800 range
-It is likely to fall further around 1350 support area
-If we can see any reversal signs in that region
-I recommend to open a Buy position and target up to 1700 or higher
-Stoploss is determined once a position enter is opened
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