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ADX

ADX is getting ready for rally, check it outHello Friends, Our last call on ADX was spot on. You can call it as "I nailed it" I have mentioned that ADX would reach 8000 SATs and bounce back considering the volume studies, Yes. ADX touched 8000 SATs and now it is trading at 9500 SATs (~20%.) Now, the price is forming a CUP formation, interesting setup and Price is within the triangle formation. So my trade would be Buy now (9300-9400 SATs) and Target: 16000 SATs, (70%), Sl : Below : 8000 SATs (20%) Note: Resistance levels are marked as dotted lines, in which I would sell and Buyback at the lower levels. And Note: My current trade is range bound, Lower side of the triangle to Upper side of the Triangle. Once it breaks the Triangle, the targets would change and it is going to be massive returns.
Long
by maheswar81
5
Reversal? Low Volume & Downtrend BUT ADX rising(-DI above +DI)..I would feel more confident if the ADX (black line) is above 20 but in a falling state. In this case it looks as if it increasing... My interpretation of Volume and Price: Volume Share Price Interpretation Decline Uptrend Bearish Decline Downtrend Bullish Increase Uptrend Bullish Increase Downtred Bearish What are your thoughts on GLBS ? How do you translate volume and price increase/decrease? If you have recommendations or tips - please, let me know below at the comment section. /Pat
NASDAQ:GLBS
by maga22
Adex VS Bitcoin 200% Growth PotentialThe downtrend of the Adex has ended at 5500 satoshi where it found the bottom and then went up breaking above the descending channel and hitting the 25k satoshi high. The corrective wave followed resulting in a rejection of the 61.8% Fibonacci retracement level, after which the downtrend trendline was penetrated, suggesting the beginning of an uptrend. Fibonacci applied to the corrective waves down after the descending channel and the downtrend trendline breakouts show the strong resistance at 44k satoshi, that is over 200% potential gain from the current price. Although the timing and the price seem to be right, the consolidation could also take place.  On a downside, daily break and close below the 12k sathoshi could invalidate bullish outlook.
Long
by CryptoPAMM
2
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