WEEKLY XBTCGood day folks, so this weekly candle looks really ugly.
We are back at the opening of the weekly candle and it looks like it could pop to the down side. If we take in consideration the ADX, the -Di (red line) is ready to cross +DI (green line), the last time thos two lines crossed it gave us this last bull run up till now, on weekly bases. ADX, the bars you see as second indicator is coming out of the exhausted zone to the trending zone, which is between 20-40, while the crossing of the +DI and +DI is getting in place. If we close as this and the crossing take place, a new trend is gonna take in and it could be a possible drop to lower lows.
On the right chart you can see we are flirting the weekly 50 EMA, it kept it support so far, but I don't think it can continue to support us forever and if we drop, next possible support on the areas of 7000 or 6700, where the 50 and 128 MA weekly (right chart) and the 200 EMA is setting up.
ADXBTC
AdEx Massive 80%+ Candle | What Happens Next?Patience is key and it does pay.
Our trade for AdEx (ADXBTC) was shared a month ago here on Trading View... Today ADXBTC had a massive breakout which produced over 80% of growth... See it here:
This is just the initial breakout, additional bullish action is expected with more growth and profits in the weeks to come.
Thanks a lot for your continued support.
Feel free to leave a comment with your favorite altcoins pair and I will take a look at the chart.
Namaste.
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)
AdEx Falling Wedge | 80% Profits Potential Targets After ConfirmAdEx (ADXBTC) is breaking out of a falling wedge and moving above EMA10 (0.00000773) with good strength and volume, so we can expect additional bullish action here.
You can find our targets clearly marked on the chart above.
Remember to always have a plan, use a stop-loss, when you trade.
Thanks a lot for reading.
Namaste.
AdEx Bottom & Eve Pattern (Imminent Breakout | Fast 35% - 56%)AdEx (ADXBTC) printed the Bottom & Eve pattern, one that we have been seeing lately and the same one that Bitcoin (BTCUSD) produced after it hit its December 2018 low.
After the Bitcoin chart produced this pattern, its price grew from ~$3,333 to $13,000 plus.
AdEx can also have massive growth and here we are looking at an imminent breakout scenario... It can happen in a matter of days.
Everything is shown on the chart.
Blue is support and magenta is our target or where the price will find resistance. You will see, it will be right there.
The thing is that this is a good setup.
Namaste.
$ADX Breaking from descending trendline with increasing volume..$ADX Breaking from descending trendline with increasing volume...
Consolidating at resistance with many attempts to break above
As always wait for flip over resistance // Volume for confirmation
UCTS was flashing a buy signal a few hours ago...
#ADX
[ADXBTC](76%) AdEx Trade Signal @alanmastersWe have AdEx (ADXBTC) trading above EMA10. It is starting to look better by the minute.
We have similar signals as the other Binance altcoins that are moving right now.
AdEx can be next.
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Trade: AdEx (ADXBTC)
BUY: 0.00002000 - 0.00002200
TARGET:
(1) 0.00002490
(2) 0.00002760
(3) 0.00003100
(4) 0.00003470
(5) 0.00003700
PROFITS POTENTIAL: 76%
(Buy-in calculated at 0.00002100)
STOP: Close weekly below 0.00001700.
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Thanks a lot for the support.
This is not financial advice.
Namaste.
$ADX, pushing against resistance at last known ATL BTC level$ADX Very similar to other alts, pushing against resistance at last known ATL BTC level
A little overcrowded with resistances, I would wait a break over 2400sats to think getting a position...
For now volume seems low & descending trendline didnt break
Set alerts and wait
#ADX