ADX Trend reversalADX found strong support at the $1 (21k sats) line, and had strong volume come in that lead to a breakout of the 2 week downtrend. The breakout however was brought to a an abrupt stop at the previous support line we broke yesterday. If we fail to break resistance at 24600 sats a second it will lead to a double top and we may test 1$ support again. Buy signals- It's recommended wait for a bounce off the old downtrend line OR for conformation above the the 24700 sat resistance line before opening any long trade.
My buy in {22500 Sats} $1.04
Price target { 31000 Sats} $1.40*
Stop-Loss at {20600 Sats} $.90
Swing Trade 3-5 days
-Constructive criticism/comments welcome! Help me become a better trader
ADX
ADX moon phase 2Adx breaking down on strong support at .99c level , with impending news the moon is on the horizon.
Ripple Analysis (1hr)Ripple recently broke the local downstream line, but the volume is not very big.
Also the market rebounded from the next downtrend line.
However, the ADX line (blue line in the DMI indicator) crossed level 20 and this allows us to open long positions.
You can place pending buy orders at ~ .24
Good luck!
ADXBTCAfter partnering with NEO; ADX is moving quickly; We have been informed that another partnership is coming up. ADX is the first and most powerful decentralized block chain ad exchange looking to revolutionize the advertising world. ADX looks steady it shows good support near the 0.00025 if it breaks continue buying near 0.00020 (Major support)
By request ahossny
ADX possible tradeUpcoming news next week (confirmed through Twitter) could raise volume and bring ADX back toward ATH.
Entered my position at .30 and still holding. ADX has a lot of room for upside and could test all time high with next movement upward.
This chart is just sharing my ideas and thoughts, not investment advice.
Please comment below if you have any thoughts.
Fire Up Those Money Printers: Potential for another run!AdEx looks like it might be preparing for another run after exhausting earlier this week. The MACD is converging on the 2 hour and lower intervals and we're about to test the previous high on our down trend. Watch for us to break the horizontal green line which lies right on the 38.2 Fibonacci level for confirmation of upward continuation.
ADX moving to NEO and trend based fib extension toolAdEx announced they are moving from ETH to NEO .
You do not need to care about ADX or NEO to profit off of this; just recognize that ADX pumped to 0.033 ETH off much less news days ago, and that no one knows FOMO like NEO.
This idea illustrates the use of the Trend-Based Fib Extension tool for predicting target as well as where to look for support on dips on the way up.