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ADX

AdEx potential for breakoutAdEx is (just as BAT, see my other post) targeting the advertisement market, which is a major market. It has been in a slow decline over the last months, but has seem to found a bottomat the around the 0.887 fibonacci level. I have been buying small parts each time it hit the green box and are now waiting for it to breakout. Based on the pattern (falling wedge=reversal) and the indicators a breakout can be expected one of these days. The (Stoch) RSI and MACD show bullish divergence and there is room enough for buyers to jump in. Looking at the RSI, breaking one of the upper trendlines will indicate a breakout upwards, if the RSI crosses the lower trendline, this could mean that this setup failed and we will have to reanalyze. The first target would be around 0.00021.
Long
by heiders
2
ADX - BTC - Short/Mid Buy PointI have a love-hate relationship with AdEx, ADXBTC ADXUSD. I was a long term investor with Mid-Short Term trading in between where I thought I could see some of those long/mid term channels forming. That all changed when ADX went from ~$1.15 to friggin $3.00. I am optimistic we will have some more reasonable buy opportunities around ~$1.90 - 2.00. I am targeting 0.000108 - 0.000115 as my next buy in. We could see another example of a very undervalued coin making a continued run up to ~$5.00+. I do certainly think that we are in the position to see a come down to the price points I mentioned above. Don't be fooled by a short bounce at 0.000165 ADXBTC. This is still slightly above 1 standard deviation greater than the 14-day MA, yet, it is the upper support line of the longer term growth channel (red channel). I do think we should see a retracement/price reduction back into the red channel and ADX tends to see large drop offs in value when trend lines appear to be permanently passed (i.e. strong supports pointing toward upward growth, but soon to be overshadowed by a rise in BTC price). As BTC approaches $17,500, we should see many Altcoins move back into normal growth patterns with a great upside after the next BTC settling period (above $17,500); however, as I mentioned, those prices should see a large undercut during the BTC run up. My buy points are as follows: (1) 0.000115 -- 40% of investment (2) 0.0001050 -- 60% of investment --Stop Loss = 0.00009975 (sell off 100% of investment) Re-buy (3) 0.00009450 -- 200% initial investment amount. If we see an even larger BTC run up (BTCUSD > $20,000) and ADXBTC < 0.00008450, I will buy with 200% of my re-buy amount--effectively tripling my re-buy investment (#3) or sextupling my original investment (#1 & #2). As always, be safe and smart with your investments, use stop losses, and stick to your investment strategy! Evaluate Risk vs. Reward carefully, and don't treat a trend line like it's "the law"! Cheers, -Jordan
by jhindman989
2
AdEx Another 100% UPAdEx finally managed to break above the resistance at $1.5, that has been established back in October. There were few attempts to break above that level, but only on the 17th of December price closed above. Prior to that ADX/USD bounced off the uptrend trendline and the 50 Moving Average on the Daily chart. In addition, it started to produce higher highs and higher lows, suggesting that the uptrend is about to start. The nearest upside target is seen at 127.2% Fibonacci applied through the all-time high, and that is at $3.25. This is a 100% growth potential for AdEx in a relatively short period of time. Break above that resistance will confirm a longer-term uptrend, while rejection should result in a corrective wave down. Only a close below the 50 Moving Average could invalidate bullish outlook.
ALong
by CryptoPAMM
17
LTC/BTC Looks Ready To Moon Right Now BUT....LTC BITFINEX:LTCUSD is looking like a breakout is coming BUT we need another leg down to complete the D-E within the triangle. This analysis is marked Long because I simply see this as a buy setup. Hourly LTC BITFINEX:LTCUSD RSI matches our A-D so far throughout the triangle on all time frames which is one of the biggest mistakes traders miscalculate when thinking a A-E is forming. This leads me to believe we need this last leg down. We have had some heavy sell pressure on the ₿TC pair directly above our current range as seen with the volume profile on the right, overall sell pressure has been dominant on top of the triangle but will tire out with one last completion of the wave for a strong sturdy rally out of it. All of this is dependent on ₿TC's pair dominance in the market as with all alt coins , but our larger caps are starting to see separation the last 30 days from BTC's dominance. (See XMR and ETH also) I expect an almost perfect Tom Demark hourly 1-9 on this D-E as shown in the last B-C creating a perfect buy setup as long as our RSI and volume indicators such as the ADX and OBV match the current levels we are seeing on all time frames, below is the hourly ADX (yellow) and OBV (blue). Always use stop losses even on non-margin trades, in this case it would be set directly below the Ichimoku cloud (Kumo) bottom. (Leading Span 2) Again, keep an eye on BTC's dominance, BITFINEX:BTCUSD I recommend adding a BTC overlay on your LTC BITFINEX:LTCUSD chart to watch for pair divergences when entering this trade.
Long
by Nick_Core
6
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!
Long
by AlanSantana
88
ITW: Sort opportunityAn intraday high potential, Back Tested Sort Analysis. We ll try to enter into the correction of the uptrend movement tracking ABC correction levels of Elliot wave. Price is likely to move within the parallel channel having the potential to breaking it down. ADX slopes down pointing a bearish decline. CCI diverges the price as shown in the chart. Market is currently closed. No market activity presented so far. We ll try to find an entry price between 164.91 - 166.49 just after the opening bell. Furthermore, a complimentary "If Done" analysis that maximizes exposure to risk, but at the same time exchanges acquired profit to zero losses in order to double initial profit. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances NOTE: "IF DONE" analysis, when presented, refers to 80% of the recorded back tested past succeeded performances. DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
NYSE:ITWShort
by TradingStatistics
3