Watching ADXADX has potentially broken up back into the channel and above the .5 fib. Waiting for confirmation before engaging in a trade.
ADXUSD trade ideas
ADX is showing upADX broke ATH and finished the correction and should continues its jorney to the moon!!
ADX MOVING UP SOON?Chart looks good to me. News coming soon, could be a chance to take some proceeds or if it sells off, possible chance to buy more. Good luck to all!
AdEx, LONG: Cup-And-Handle pattern, Possible 370% return!Hi everyone,
I believe AdEx might be going semi-parabolic soon. With the beta-version coming up (Januari 30), I think the coin will draw the attention of a lot of people, resulting in some money flowing in.
It has a relatively low market-cap ($162.705.395 USD, today) with a current price of 2.65$. I think the price might go up to the 9/10-$ range. (where it will have an estimated market-cap of ~($650.705.395). A very realistic market-cap, where it can (possibly) line up with some other semi-popular altcoins. IF those levels get reached, then the 10/15$-range is next.
First of all, a cup-and-handle pattern has been made, and a very hot one.
Secondly, the resistance at ~2$ has been broken. I think prices are going to retest those levels, before bouncing back up. Making the ‘low-handle’, in the cup-and-handle pattern.
You don’t buy UNLESS there is a CLEAN H4-close ABOVE the GREEN trendline! This will be the indication that the tides have turned. Until that time, the market is in a corrective-phase and buying is stupid.
I think its going to make a ABC-correction to previous resistance, which is in the green-zone. Its (possibly) going to be around the 2$-levels. From there it will possibly start its rally. If it doesn’t make the pullback, but moves up and makes a H4-close above the green trendline, you can still buy.
- First target is around 6.5$
- Second target is around 9.5$
-- Adios
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.
Neo pump incoming ! bouncing around in an ascending triangle , generally see resolves with a leg up by the size of the initial moves.
ADX pump coming in about a monthGoing through the accumulation phase, ascending triangles generally see a leg up by the size of initial move.
ADXETH - Short-to-Mid Term Pattern Change - Critical Price PointGood day, I hope this reaches you with high spirits and while you are raking in the dough from your trading practices!
Here's the TL;DR--
If ADX closes above $1.48 today, while ETH continues a downtrend, you should expect ADXUSD to break out of it's current price channel. However, ADXUSD should still respect the wider channel of $1.90 maximum for some time (while we may see some days from now until that wider channel is permanently breached where the price of ADXUSD breaks the $2.00 threshold).
Long version/explanation of findings (below).
I digress...
What I have been following as of late has been an obviously wild ride as ETHUSD has been experiencing tremendous growth--followed by the inevitable indecisive trading of many. The most similar experience I can recount was back when ETHUSD was ~$330 for the first time since it initially spiked to ~$390 only a couple weeks prior. Soon thereafter, ETHUSD saw an even lower floor at ~$300. Meanwhile, the growth of ADXUSD had ever so closely mirrored the increases and decreases of ETHUSD.
Fast-forward to today. We are staring at ETHUSD as it finally appears to be starting its next downtrend...Obviously I say that with hesitation as we are approaching the new year and crypto is still increasingly popular everywhere around the world. Why does this impact ADX?
A typical directly proportional growth/decay relationship would lead us to believe that the value of ADXETH should increase as the value of ETHUSD decreases. i.e. It takes more ETH to buy ADX when ETHUSD holds less value, and inversely it requires less ETH to buy ADX when .
However, this is a slightly inaccurate way of describing the relationship between ADXETH and ETHUSD--the primary reason being a tacit "lag" time between true value of ADXETH and ETHUSD.
As shown in the chart, I have chosen to assess the ADXUSD (as this is a much more psychological barrier needing to be broken than the ADXETH barrier), and I have overlaid a chart of ADXETH (simply for reference).
Looking back to 10/13/17, when ETHUSD opened at ~$300 and closed at ~$330 (call it a 10% swell). We saw a following decline from ~$330 back down to ~$278 by the date of 10/23/17 (call it -15%).
During this time of 15% regression, we would expect ADXETH to proportionally increase if the USD value was staying relatively consistent; instead, we saw ADXETH go from 0.0029 to 0.0030 (call it 3.5%). However, on 10/24 ADXETH went from 0.0030 to 0.0035 (call it 15%).
Hmmmmmmmmmmmm....isn't this strange....it's like the ADXETH prices don't swing until there is confirmation that ETHUSD is moving either up or down.... Now how strange is that??
Okay, okay, I'm not trying to be conceited here, but this trend follows literally every single successful/stable Altcoin. Every. Single. One.
If you wait to buy an Altcoin while ETHUSD is pumping and AltcoinUSD is stagnant or showing positive growth, then you will be rewarded many-fold on your investment upon ETHUSD coming back down to a stable value. There will be many buy and sell points throughout that journey, but you can almost guarantee a positive net gain in base crypto (ETH in this case) if you buy while ETHUSD is high and then sell your Alts when ETHUSD starts its descent.
I have:
- bought at 0.00242, resold at 0.00298
- bought at 0.00289, resold at 0.00335
I will buy again
- if ADX hits 0.0031 while ETHUSD is below $440
(This puts my target price point at ~$1.34 in current market conditions.)
I believe ETHUSD will come to an eventual value of $375-400, so I trade as if the price were to plummet only to the high end of my prediction, as well as with respect to the current ADXUSD value of the coin. Right now ADX is valued at $1.49. Although I am optimistic that ADXETH will continue to rise in the short-to-mid term--barring any setback by another ETHUSD surge--I am cautiously optimistic because I've been close to being burnt before.
2018 Investment Portfolio (Speculative 5x - 10x)I have included all of the following coins in my investment strategy for 2018:
60% GNT (Current Price: $0.213)
22% ADX (Current Price: $1.02)
4% UBQ (Current Price: $1.31)
7% LSK (Current Price: $9.93)
7% EOS (Current Price: $1.91)
My total investment is $10,000 split as noted in the above ratios. The chart above also represents all these coins at the noted ratios!
Here is the reason why I chose each of those coins:
GNT (Golem): As you probably noticed, I have allocated a huge ratio to this coin. I am a strong believer in GNT and they are scheduled to release their "Brass Golem" somewhere within the first or second quarter of 2018. I speculate us reaching $0.7-$1.00 on release of "Brass Golem". If partnerships happen (Maybe with big companies such as Adobe), this coin has a potential to reach $2-$4.
ADX (AdEx): This is an decentralized advertising platform (Similar to BAT) with a very low marketcap of $58M. Their beta platform release is scheduled somewhere within the 1st quarter of 2018. There is a possibility of earlier release somewhere around December of 2017. I have personally gone thru the whitepaper of this project and I like what I see.
UBQ (Ubiq): Small marketcap coin with good potential.
LSK (Lisk): I have been holding Lisk since it was $4... The current price of $9.93 is pretty high, but as a longterm investor I believe it is safe to acquire more as Lisk should be releasing their SDK (Software Development Kit) and Rebrand quite soon. (Date will be announced tomorrow) ...
EOS: Scheduled to launch mainnet somewhere between May and July of 2018. EOS has been very controversial and I like what I see in their whitepaper.
Notes:
EOS pumped from 50 cents last month to $1.91 this month
Lisk pumped from $4 last month to $10.00 this month
It is a good strategy to have an additional $5,000-$10,000 to buy more of these coins if they happen to drop or correct. From an investor's perspective, accumulation of promising projects is the main goal! So having an extra $$ hedge on the side will help you invest more efficiently for maximal ROI.
Again, this is just a speculative portfolio for 2018.
I am not a trading or financial or investment adviser, so invest at your own due diligence and ONLY invest what you can afford to lose.
