ADEX Pump - Short-Term Trade
Updated
ADEX on the 30 minute timeframe looks to be breaking previous resistance bullish with the high volume + break of previous resistance.
Just bought in at 8300.
Looking to exit a portion at 8800/9300 levels.
DISCLAIMER:
I'm simply sharing my trades so follow along at your own risk
Just bought in at 8300.
Looking to exit a portion at 8800/9300 levels.
DISCLAIMER:
I'm simply sharing my trades so follow along at your own risk
Note
Price has pulled back a bit; however, the volume isn't alarming. The RSI levels are cooling off.Things still look good on the 1 hour time frame.
ADEX is currently holding an auction which finishes in 15 hours - or 12/9 12pm CET. Can expect price to fluctuate depending on the news.
Aside from the current auction, ADEX plans to drop a BETA version of their product on 1/30. Although it's pretty far down the line, it's something to keep in mind.
Best of luck out there!
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