AdEx Simple Signals: Price Action Explained (Lowest In 7 Years)We can spot a bottom on this pair because the action has gone flat on the low side. Not only flat but it is actually moving up as the "upper resistance" line is being challenged.
These are price action signals. You see no indicators on the chart.
On the left side of the chart the dynamic is pretty simple, lower highs and lower lows; a downtrend. When this dynamic ends, we can start to look for a reversal and that's the signal that I just mentioned.
These are simple signals yet very powerful. It requires keen observation.
Now, if I were to look at the RSI what do I find?
Bullish and rising (higher lows) since February 2024.
While this pair, ADXBTC, just hit its lowest price in 7 years, the RSI is bullish. This indicates that the bottom is likely in and we are ready for growth.
The MACD would also show a strong bullish divergence and a bullish bias as it trends up. The signals are everywhere, we just have to look carefully at the chart.
We can predict the future with a high level of accuracy with technical analysis... The proof is in the results.
Namaste.
ADXBTC trade ideas
AdEx Bottom Signal (Potential Between 480% & 1,255%)AdEx is showing strong reversal signals based on the daily timeframe price action while at the same time it hit a strong low on the RSI.
Let me show you...
This is the lowest level since June 2021, almost three years ago and obviously a bullish signal.
This bullish signal is already confirmed because ADXBTC RSI has a reading of 48 after hitting 25 (oversold).
Notice the daily timeframe:
A new All-Time Low hit today and the bounce that follows is really strong. This is based on the full green candle moving above EMA10 and challenging EMA21.
We also have a falling wedge.
The whole picture is quite bullish but this is only short-term.
We end with the weekly chart:
While not much seems to be going on here, we have a DragonFly Doji so far this week as the new ATL was hit. An even bigger falling wedge is also present and we know how strongly bullish are the ALTSBTC.
A long-term bullish divergence can be spotted with the weekly RSI; it bottomed July 2019 and has been producing higher lows since. This is a 4.5 years old divergence.
Additional details on the chart.
Namaste.
Ambire AdEx (ADX) formed a bullish Shark for upto 51% moveHi dear friends, hope you are well and welcome to the new trade setup of Ambire AdEx (ADX) with BTC pair.
On a 4-hr time frame, ADX has formed bullish Shark move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
$ADX/#BTC [#Ambire AdEx]: Resistance_Breakout_Confirmation◳◱ We've detected a Resistance Breakout and Confirmation on the $ADX / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00000889 | 0.00000977 | 0.00001128 and the major support zones are respectively at 0.00000738 | 0.00000675 | 0.00000524. We may consider entering a trade at the current price zone at 0.00000867 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000867 ₿
▣ 24HVol: 29.971 ₿
▣ 24hChng: 4.458%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000889 | 0.00000977 | 0.00001128
◢ Support: 0.00000738 | 0.00000675 | 0.00000524
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.77 - Very Bullish
▣ In-depth ADXBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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ADX / BTC price Analysis | #ADX at buying area | A good buyingLooking for a good buying opportunity in the #ADX cryptocurrency? You might want to take a look at the current forming buying area! In this video, we'll be analyzing the current ADX / BTC price and giving you a good buying opportunity.
If you're looking for a good way to invest in the #cryptocurrency market, then you should definitely check out this ADX / BTC price analysis. We'll be revealing the current buying area and telling you all about the good news that's happening with this cryptocurrency!
ADXBTCWe are back, tradingview hates me and keep blocking everything i post...so......
Lets hope this doesnt get banned too.... NOTE for Tradingview, Im not mad you banning all I post, I just hope we can be friends again.
ADEX my friend! You have been chosen as the one for me to prove a point!
LETS LOAD THE AMBIRE!
$ADX Pre-Parabolic Mega Monster 'Full' MoonI think this is a truly disruptive project that aims to stop fraud in the advertising ecosystem. So far #Google and #Facebook have been running unfair and unpractical Ads while taking a big cut for themselves. #AdeX is cleaning the house and bringing a platform to connect businesses and audiences in a truly #decentralized way. The $ADX (ERC20) Token has been in the market since July 2017, it had a sharp increase in value last August and then 9 months of bear market. Price is now trading $1 USD. My dream target is $9 USD. Is this possible? Adex is listed in Binance (Epic volume), Bittrex, Huobi, Upbit and many Dexes meaning lots of 'potential' liquidity to enter the FOMO once is reaches parabolic action. The 200% spike a few days ago just indicates clearly how this market has broken the BEAR trendline. The market has released a very strong tension and initiate the start of this bull market.
$ADX was one of my best trades in 2017. Went long from the 4k satoshis zone into the 44k satoshis zone, taking a nice fat 10x. I closed all my position back then and now (many months later) the price has come to re-test those same low levels. This time, for new the bull cycle, I've been accumulating at around 9k satoshis average. The TD Sequential Indicator gave us that 13 BUY on the daily which shows that the sellers might be exhausted. Also Stochastics place us at the bottom of the current momentum cycle which is suggesting an increase in intensity now leading to full moon. My main target is previous All time High at 50.000 satoshis. I am trading it at Binance because of the volume. Those wicks are definitely larger there. Also I prefer trading against BTC instead of ETH for the same reason. This party starts after breaking 33k satoshis. Is this the only 'ADS' project? I had a look at most of the 'ad' crypto projects and #Adex is definitely No.1. Fundamentals are 8/10, Technicals are 9/10
See you in the Moon Station,
Good luck!
ADXBTC - Long - Potential 18.48%ADXBTC - Long - Potential 18.48%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
0.00002218 - 0.00002357
Take-Profit Targets:
1) 0.00002503
2) 0.00002795
Stop Targets:
1) 0.00002075
Trailing Configuration:
Entry: Percentage (0.0%)
Entry Trigger- Bullflag breakout & bullish divergence
Adxbtc Broke out of downward structure huge potentialHI everyone,
Adx Clearly broke out on 15th March and is still consolidation above Ichimoku cloud and above its breakout.
Underneath, it has ichimoku support. there is a region i marked is a must hold to stay in shape.
It has broken a long term downtrend with Inverted Head and shoulder formation.
Expecting 5000sats target if we see some solid volume coming through on these levels.
best of luck
Have a great day
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ADX/BTC Continuation PatternTrading BTC pairs is a great way to be accumulating some more BTC. ADX is looking like its getting ready for the next move up as we have a continuation pattern and is on the verge of breaking out... Can either get in early before the breakout and have a stop loss in play incase of downside, or can wait for a breakout and a retest flipping resistance into support before it seeing some new highs!
