Adex
ADEX- Triple Bottom - READY TO BOUNCE!Good morning trading friends!
It is the normal routine: before we begin to trade for the day, we must spend the time to analyze charts CALMLY. My friends, remember, "Right Now" is rarely the correct timing, so take a deep breath before we make any decision!
Okay, now let's talk about Adex.
It's been at the bottom for a while now, and there is a triple bottom pattern forming on 4H, 3H time charts. This is a great time frame for you people that are comfortable with holding a coin for more than a week.
I will add more information soon!
AdEx (ADX) - Ready To Try Again (490%+ Earnings Potential)AdEx (ADX) only found support at the August 2017 levels. That's a downtrend of 4 months.
In the cryptocurrency world, let's see, that's like 126 years, so it is definitely prime to take off.
You can buy ADX all the way to: 0.00009800 (which is very close to 0.000100 where we will find the first resistance point).
Anything below the buy-in point, is good to buy on this trade. Meaning, from above stop loss all the way to 0.00009800 is your "buy-in range".
You can set a stop-loss at: 0.00005499.
With those basis covered; The price at which you buy in, and the price at which you give up if the trade doesn't come to pass (stop-loss), we can look at our targets.
The targets is where we face STRONG resistance, those are the points where the sellers does not want us to move from. Ok, got it seller... So we join them, and we take profits, those are the levels we use to sell our coins.
You can try the following target poins:
(1) 0.000133
(2) 0.000212
(3) 0.000331
(4) 0.000492
(5) New ATH
That is all the information you need to make this a successful trade.
Now, let's chat a little bit... Allow me to entertain you.
Oh wait, I forgot what I had to say.
GOOD LUCK!
ADX 1H Timeframe Chart 14 December 2017ADX, sick retracement for this one. It might have found the bottom for now.
TA: it's going for a triangle pretty soon. MACD a bit positive, EMA's getting close and these get closer within the next few days. As the altcoins are doing pretty well, I'm expecting ADX to break the EMA and cross it, which indicates a nice jump, as it didn't have any in the last few days. If not, we might check the support around 6000 Sats back again.
ADX BTC - Time for some action?ADX BTC on daily chart is now nearing the apex of a possible falling wedge. There are two possible scenarios:
1) The pair breaks out of the wedge above 0.000145. Conservative buy orders can be placed after the breakout confirmation. Targets are marked on the chart with blue lines. A break inside the wedge again on closing basis can be treated as stoploss
2) The price hits the top end of the falling wedge and falls back towards the lower end, in that case, buying range would be around 0.000086 (marked in orange). Targets will remain the same.
Happy trading :)
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.
ADX - Critical Growth Pattern Adoption/Rejection ApproachingADX has followed this pattern--as have many Crypto's to date--namely ETH traded Alt-coins. The pattern is best described as a tendency for cryptos to succeed in long term growth earlier than expected upon entry into markets like Bittrex--after graduating from small exchanges--IFF the Crypto in question breaks out of the initial down-trend cycle.
To illustrate this point, I have indicated several junctures in the near future that can serve as the "make or break" point in terms of overall long term success . This should be indicated within the next 1-3 days.
First, I compare moving averages at rates of 2-, 3-, and 7-day intervals, similar to a standard MACD of 12,26,9; however, the short term analysis requires more pattern identification in less time due to the fluctuations of Alt-coin values as the "third tier" of Coin. Let me digress for a minute... I consider BTC the current number 1 Crypto in terms of value per coin; I consider ETH the number 2 Crypto in terms of value per coin; and I lump all Alt-coins together at first as the "third tier".
i.e. You want the Gold? Great, go with BTC. You want the currency that will be used as the eventual mainstream backbone between all Cryptos? Great, go with ETH. If you want to play with "Stocks" in the re-birth of the NYSE on a global scale? Great, play with Alts.
Getting back to the topic here, third tier can also be split into two categories once it goes beyond a critical juncture that separates the long term growers, from the long term "failers" (a.k.a. "Shit Coins", as they've been publicly deemed). This only truly applies to ETH-Crypto because the volatility in the BTC market is too directly tied to the difficult-to-perfectly-time BTC HODLer increases within the direct BTC market.
I believe we are currently fast-approaching this breaking point for ADX-ETH (1-3 days)
1) Up-trending lower support limits indicate overall support for ADX-ETH (as indicated with two similar lower trend lines). While we have support there, there is also a tendency for Alts to decrease in "potential maximum" until the break even point leads the Alt into the promise land of "Higher Highs".
2) Higher Highs will be more-easily achieved this time around as we have come down to a tightly-oscillating pattern--in addition to the increasing lower support lines.
3) The cycles of growth followed by decline have decreased in frequency since the initial massive increase that occurred when the coin "broke out" (or got support from a considerably greater amount of sources) near its entry point into larger markets like Bittrex.
My conclusive recommendation would be to buy ADX at no more than 0.00275 ETH/ADX until the long term down-trend is proven to have been breached by a substantial margin. If you have the opportunity to buy ADX at <0.00265 ETH, you are at a safe buying point with options to get out in the mid-term future (10-15 days) if the trend reverts to a decline in the next 1-3 days.
If you have questions on my indicators, please reach out for an explanation. This is my first post on TradingView, so I'm still getting the hang of it all.
Best of luck in your research and knowledge gathering in your markets of interest!
-Big J
EDIT: I'm still unfamiliar with publishing here, so I've included the test on my Chart below.
Growth on 8/15 lasts 3 days -- Follows downtrend for 19 days
Growth on 9/4 lasts 3 days -- Follows downtrend for 15 days (apparent @ 0.0018)
Growth on 9/22 lasts 8-9 days -- Follows downtrend for 15 days (apparent support @ 0.0025)
Growth on 10/21 lasts 3-4 days -- Follows downtrend for 11 days (apparent support @ 0.0025)
Growth on 11/5 lasts 5 days -- Follows downtrend for "X" days
As of 11/17, we are on day "X" = 8, and at current rate of mid-long term "growth-downtrend" we should see sizable growth.
Prediction: 8 </= X <= 11
Made on 11/17 (08:00 AM CST)
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 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.
ADX StrongWaiting for news. This is my largest position in the alt coin space. Has reacted strongly to news and looks to break out back to ath area. Good luck.