LONG - ADX - Trading OpportunityPrice managed to hold above the bottom of the 1D cloud.
Entry: 0.00000940
StopLoss: 0.00000892
Target 1: 0.00000992
Target 2: 0.00001036
Target 3: 0.00001201
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ADX
AdEx Breaking Above EMA100 | Easy 43%+ Potential ProfitsAdEx (ADXBTC) is starting to move on increasing volume above resistance.
The resistance that is being challenged right now is EMA100. Last time this resistance was broken ADXBTC hit a peak of 1423 satoshis. A similar move can happen once above this level... Additional growth is possible after the move is complete.
This is not a piece of trade advice.
Make sure to have a plan/strategy before you trade if you decide to do so... It is always wise to plan targets beforehand and also have a stop-loss in case the trade goes wrong.
Namaste.
Previous analysis (ADXBTC)
AdEx Is About To Grow 50%+ (Easy, Fast, Simple Profits)AdEx (ADXBTC) is getting ready to grow... After the impulse on the 5-Oct. a classic retrace followed which is now complete.
We can see an increase in trading volume.
Trading above EMA10 and EMA50.
RSI above 50.
MACD turning.
Retraced to 0.786 Fib. from the last bullish wave.
Our last trade idea for AdEx is showing over 84% of growth... See it here:
Thanks for reading.
Namaste.
btc/usd: to be long or not to be long?After the drop, btc is showing some bullish stuff on the h4 chart.
- A possible quasimodo pattern is forming.
- Mfi shows bullish divergences
- DI+ was rising while price was falling---> bullish
- DI- is at the same level while price was falling ---> bullish
- ADX is going down while the price is going down ---> bullish
- ADX is crossing down the SMA: this means that the actual trend (downtrend) isn't strong
- Squeeze momentum indicator shows bullish divergence
So at the moment we don't have reasons to stay short, but everything could happens. I won't short.
I will short ONLY if btc closes h4 under 7600. Everything above 7600 is still good and not so scary.
As you can see i have arrows of 3 colors for 3 different scenarios.
How will i trade?
- I hope btc will follow the blue or green arrows, so i will wait for the light blue rectangles, then place a buy order on the green rectangle (low reclaim, 7900 area)---> this -will be a quasimodo pattern. The target could be 8200-8400.
- If will happen the black arrows scenario, probably won't go fast at 8400, so i will buy retracements!
WEEKLY XBTCGood day folks, so this weekly candle looks really ugly.
We are back at the opening of the weekly candle and it looks like it could pop to the down side. If we take in consideration the ADX, the -Di (red line) is ready to cross +DI (green line), the last time thos two lines crossed it gave us this last bull run up till now, on weekly bases. ADX, the bars you see as second indicator is coming out of the exhausted zone to the trending zone, which is between 20-40, while the crossing of the +DI and +DI is getting in place. If we close as this and the crossing take place, a new trend is gonna take in and it could be a possible drop to lower lows.
On the right chart you can see we are flirting the weekly 50 EMA, it kept it support so far, but I don't think it can continue to support us forever and if we drop, next possible support on the areas of 7000 or 6700, where the 50 and 128 MA weekly (right chart) and the 200 EMA is setting up.
AdEx Massive 80%+ Candle | What Happens Next?Patience is key and it does pay.
Our trade for AdEx (ADXBTC) was shared a month ago here on Trading View... Today ADXBTC had a massive breakout which produced over 80% of growth... See it here:
This is just the initial breakout, additional bullish action is expected with more growth and profits in the weeks to come.
Thanks a lot for your continued support.
Feel free to leave a comment with your favorite altcoins pair and I will take a look at the chart.
Namaste.
btc/usd: h4 is bullish for meDI- fallen hard while price was falling--> bullish
ADX was falling while price was falling--> bullish
DI+ was rising while price was falling--> bullish
mfi a big regular bullish divergence and an hidden bullish div
fisher is crossing the blue line---> bullish
In short term i'm more bullish than bearish!
USD/JPY Inverted Head and Shoulder????
Inverted Head and Shoulder is likely here, but pay attention at MA200 and Fibonacci 38.2 level (109.14) because this same level can be a huge obstacle for a future price -up movement. If the price break 109.15 we can expect to see USDJPY at 111.00 area.
RSI is in bullish mode, and ADX with his 15 value may suggest that downtrend is almost ower.
My play is BUY with S/L at 107 and T/P at 111
Be Careful of Bear Traps Below 0.058. Uptrend Might be ImminentXLMUSD already reached its logical bottom a week ago, but some trailing downward movement is still experienced to complete the momentum. However, momentum divergence towards the uptrend seems to be unfolding because price makes a higher high but the ADX indicator does not. Also, RSI seem to be crossing over and has a big area to go up.
AdEx Falling Wedge | 80% Profits Potential Targets After ConfirmAdEx (ADXBTC) is breaking out of a falling wedge and moving above EMA10 (0.00000773) with good strength and volume, so we can expect additional bullish action here.
You can find our targets clearly marked on the chart above.
Remember to always have a plan, use a stop-loss, when you trade.
Thanks a lot for reading.
Namaste.