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ADX

ADX pointing a first eye at the moon again (100% profit potent.)Another one set for a potential upward break-out! AdEx is trading on a strong support and has just formed a Heikin Ashi doji (those who follow me will know by now that I sometimes refer to this trading technique (e.g. Previous post on BlockMason resulting in a 100%+ trade in a matter of days). The setting of this one is quite similar, although ADX is already trading under it’s longer term blue Fibonacci retracement (78,6). The daily graph shows us a triangle (or even a bull flag if you will). We have to break through it on strong volume to confirm upward momentum . Given that we have a doji right now, ànd a bullish cross in the MACD , makes me believe this one could be ready to provide us some nice returns as well in the upcoming days. We also see very low volume for the time being, if there is a nice spike there soon, together with upward momentum, we will be in for a treat. FYI – I also highlighted some previous dojis & spinning tops that preceded and indicated a trend reversal in the graph (see white rectangles that highlight them!). We should break around 16000 sat to be in the clear (nice entry point). Note that the horizontal lines are Fibonacci retracement levels; + the white horizontal is a separate support line. Good luck
Long
by A_Cryptastic_Mind
9
Litecoin reviveHi guys ! After the LTC dip we have been through, I'm guessing that we are facing the last "cheap" buying opportunities. If we analyse the ADX -line we can see it is bending downwards to show a weaker trend while the DI- is above the DI+ . At the same time we see DI+ line rising with 1 mission: get LTC back in an uptrend. The next days LTC can drop a little more ( a few $ ) because it's testing the where good final calls are being presented. I hope you guys are able to get some profit. Let me know what you guys think! This is just to inform or to discuss not to oblige or suggest.
BITFINEX:LTCUSDShort
by FabiuccioGriffet
BTCUSD Bitfinex 240 Hey everyone! Sooo.... A lot of people are asking about bitcoin. I have a pitchfork drawn here with to the pip touches and entries that was drawn back in mid November. I have two "energy points". One at 5400.20 and 2933.40. In my personal opinion if the 5400.20 is broken the ill wait for a confirmed touch at 2933.40. If 2933.40 is broken through then ill be under the impression that its down hill from there. Typically I will wait for a to the pip touch on fib lines, upper, lower, and median parallels within the fork. Since the fork has been broken ill wait for a warning line touch or "energy point" as you can see in the chart and wait for a 2 to 5 pip bounce which indicates support. Once my entry is placed ill place a 10 pip stop loss and an alert to notify me if ESL (emergency stop loss) was broken. Low risk high yield. Hopefully we see this thing skyrocket! This fork has done me well thus far. Best of luck to you all! Joshua Casey
BITFINEX:BTCUSD
by rogersmith07
ADX decending triangle - 400% Potential ProfitADX has broken out of its long decent and has already hit the second fib mark. In the month of January, ADX has been stuck in a decending triangle and loading up for its next rally. We might have another test at the support but it seems to me we will be testing the resistance soon. If breakout occurs, we would need a volume increase to support the new trend. Buy Range: 0.00014 BTC - Breakout of triangle Target: 1) 0.00026 BTC 2) 0.00032 BTC 3) 0.00039 BTC 4) 0.00048 BTC 5) 0.00060 BTC Stop Loss: 0.00012 BTC
Long
by dandey29
2