Adex Buy OppertunityBuy below 13k
First target 15k
Second target 21k depending on breaking out of the triangle.
Stop loss just under the rising uptrend. Stop loss can be adjusted each day.
ADXBTC trade ideas
ADX How to tradethe pattern is a symmetric triangle. The RSI and MACD oscillators show an upward movement.
Before I make a purchase, I recommend waiting for the triangle to break up.
Purchase 0.00013.4
target 0.00015-0.000171-0.0002
stop-loss 0.000115
ADX Update: Final consolidation?ADX still looks bullish, having moved sideways since my previous setup. Price seems to be forming an ascending triangle (bullish), Stoch RSI and MACD both pointing up in 1H, plus a bullish divergence brings the expectation of a possible movement upwards higher.
ADX ready to make a decision.ADX is converging well onto the 23.6% fib and is currently in a symmetrical triangle with opportunity to go either way with further support below at the 10 level. Convergence may take another few days. The longer term picture shows a bullish falling wedge indicating an upward trend may come.
Volume analysis shows strength at the current price point and upwards to the 38.2% fib line. RSI and MACD are neutral. The price is generally showing strength against BTC changes therefore at this point I don't expect a fall and have bought at the current level.
Volume appears to be slightly increasing perhaps indicating the start of a breakout. If the price rises I'll be looking at the order book to determine resistance at the previous two levels (blue lines) and the higher fib levels to determine the appropriate sell point.
ADX BTCNEWS
31st December - Port over to NEO Blockchain
30th January - Beta Release
Buy 50% at around 12k - 12.5k satoshis
Buy another 50% if it drops to support zone - 10k - 11k satoshis
First Sell - 16k
Second Sell - 21k
TIPS
1 - Formed a symmetrical triangle. If it is bullish, it will break out upwards. If bearish, it will drop towards support zone
2 - Sitting comfortably around 0.618 fib retracement level with its All-Time-High at 58k satoshis
CLOSE UP
Good luck my friends!!
More watching for ADXA lot of watching going on today - Seeing what this trend is doing for maybe a short term buy. However volume falling against current mini-rally!
ADX updated analysisUpdated analysis - so ADX broke support, probably due to BTC's volatility over the last few days I hope you waited before entering or held! I'm risk averse so held off until the fall was over... and then some! Luckily got in at 125 and set an SO for 143 (just below first resistance line) and made a nice overnight gain. Watching now to see if it comes back to the potential new support at 114 or whether it makes a break for the upper resistance in which case I may jump back in. Good luck trading!
ADXBTC Long...1. Green indicates buy zone
2. Parallel channel broken
3. Fib retracement till 0.618
Cheers
AdEx Trade SetupAdEx is one of those undervalued coins in my opinion.
Some good news coming by the end of this month and we could see some good price action in the coming weeks!
This trade could be very promising with a low risk/high reward ratio.
You can enter this trade after getting a bullish confirmation (Once we break the upper triangle line.)
If you want to enter now:
BUY: Within the yellow accumulation zone (Between 0.000141 - 0.000088)
Capital management is an important factor to consider especially since we do not have a bullish confirmation yet. I would recommend filling your position 25% at a time. For example 25% at 0.00014, 25% at 0.00013, 25% at 0.000115 and 25% at 0.0001)
Could the market go parabolic before you 100% fill your order? Yes, probably! But capital management is the safest way to trade to minimize your risk and massively increase your profit potential. Do not let emotions or greed play a crucial part in your trading experience as this is the best way to put your hard earned money at risk.
SELL: I have pointed out 3 target profits
STOP LOSS: 0.000075
Good luck and keep profiting :)
ADXBTC DailyShoulderHeadShoulder on the daily. With that Bull Divergence in play, it can break out anytime. Target in the box . ;)
ADXBTC CONSOLIDATION ABOUT TO BREAK OUT~ BULLISH DIVERGENCEADXBTC Consolidation about to BREAK out ~ MACD Bullish Divergence. 1 Hour Time Frame Los Angeles 2:48 AM.
Finally Adex is a company/coin/product that I've been eyeing for some time now. This company and a very few(BAT) actually have a working prototype that is trying to solve real world problems. As we know, marketing and advertisement is a very big industry especially with the growth of digital media. This is a force to reckon with. I am definitely mid to long term hold on this baby.
What to look for:
Prototype release this month.
RSI remains above 50+ and 60+ for bullish run.
MacD showing room for growth to the upside with bullish divergence.
BTC price must be stable.
Buy now ADX !!!A classic pattern (bearish signal middle term), we can make profits with the third wave, before the fall
Buy under 14000 / sell 18000
GOOD LUCK
ADX downtrend brokenWe can spot a nice break of the overall longterm downtrend and begin to see the price consolidating and uptrending now. Higher timeframe strength shows momentum building for a potential move in the days/weeks to come. Ideal new entries in the market would be as close to the 0.5 of this small expansive move which would be a nice shakeout of fear as we break the cloud but bounce on the overall established trend. In the big picture, we can spot two nice sell zones where the price has consolidated and battled prior which we are likely to see significant sell pressure from short term profit takers as well as break-even bag holders.
ADXBTC likely yes120%
It seems to be blowing out tomorrow.
But the ADX can also walk and walk.
If the whole situation is uncertain, ADXcan walk.
