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Adxusd

ADX pointing a first eye at the moon again (100% profit potent.)Another one set for a potential upward break-out! AdEx is trading on a strong support and has just formed a Heikin Ashi doji (those who follow me will know by now that I sometimes refer to this trading technique (e.g. Previous post on BlockMason resulting in a 100%+ trade in a matter of days). The setting of this one is quite similar, although ADX is already trading under it’s longer term blue Fibonacci retracement (78,6). The daily graph shows us a triangle (or even a bull flag if you will). We have to break through it on strong volume to confirm upward momentum . Given that we have a doji right now, ànd a bullish cross in the MACD , makes me believe this one could be ready to provide us some nice returns as well in the upcoming days. We also see very low volume for the time being, if there is a nice spike there soon, together with upward momentum, we will be in for a treat. FYI – I also highlighted some previous dojis & spinning tops that preceded and indicated a trend reversal in the graph (see white rectangles that highlight them!). We should break around 16000 sat to be in the clear (nice entry point). Note that the horizontal lines are Fibonacci retracement levels; + the white horizontal is a separate support line. Good luck
Long
by A_Cryptastic_Mind
9
ADX/BTC Price AnalysisADX looks like a good play leading up to the Beta Release on January 30th (denoted by the vertical line on the chart). Watch for the bullish MACD cross in the next day or so. Additionally, ADX is the first DAPP built on the Neo platform, hence the strong correlation between the two. The Neo chart looks favorable (check the 1W view), therefore, I suspect ADX will follow down that path. ***This is not an entry point! I've been in for a few weeks, however, I am looking to catch dips along the way. If my picks help you out, don't hesitate to share the love! Eth: 0xF6451592D017dd29111d97b21F108F1e566F60b6 Btc: 3Qxd68TUeA3uVNSXizmDCbx5KhNUqngD7D This is not investment advice, just my perspective on things.
Long
by jamiecohen24
ADX - BTC - Short/Mid Buy PointI have a love-hate relationship with AdEx, ADXBTC ADXUSD. I was a long term investor with Mid-Short Term trading in between where I thought I could see some of those long/mid term channels forming. That all changed when ADX went from ~$1.15 to friggin $3.00. I am optimistic we will have some more reasonable buy opportunities around ~$1.90 - 2.00. I am targeting 0.000108 - 0.000115 as my next buy in. We could see another example of a very undervalued coin making a continued run up to ~$5.00+. I do certainly think that we are in the position to see a come down to the price points I mentioned above. Don't be fooled by a short bounce at 0.000165 ADXBTC. This is still slightly above 1 standard deviation greater than the 14-day MA, yet, it is the upper support line of the longer term growth channel (red channel). I do think we should see a retracement/price reduction back into the red channel and ADX tends to see large drop offs in value when trend lines appear to be permanently passed (i.e. strong supports pointing toward upward growth, but soon to be overshadowed by a rise in BTC price). As BTC approaches $17,500, we should see many Altcoins move back into normal growth patterns with a great upside after the next BTC settling period (above $17,500); however, as I mentioned, those prices should see a large undercut during the BTC run up. My buy points are as follows: (1) 0.000115 -- 40% of investment (2) 0.0001050 -- 60% of investment --Stop Loss = 0.00009975 (sell off 100% of investment) Re-buy (3) 0.00009450 -- 200% initial investment amount. If we see an even larger BTC run up (BTCUSD > $20,000) and ADXBTC < 0.00008450, I will buy with 200% of my re-buy amount--effectively tripling my re-buy investment (#3) or sextupling my original investment (#1 & #2). As always, be safe and smart with your investments, use stop losses, and stick to your investment strategy! Evaluate Risk vs. Reward carefully, and don't treat a trend line like it's "the law"! Cheers, -Jordan
by jhindman989
2
AdEx Another 100% UPAdEx finally managed to break above the resistance at $1.5, that has been established back in October. There were few attempts to break above that level, but only on the 17th of December price closed above. Prior to that ADX/USD bounced off the uptrend trendline and the 50 Moving Average on the Daily chart. In addition, it started to produce higher highs and higher lows, suggesting that the uptrend is about to start. The nearest upside target is seen at 127.2% Fibonacci applied through the all-time high, and that is at $3.25. This is a 100% growth potential for AdEx in a relatively short period of time. Break above that resistance will confirm a longer-term uptrend, while rejection should result in a corrective wave down. Only a close below the 50 Moving Average could invalidate bullish outlook.
ALong
by CryptoPAMM
17