AdEx VS Bitcoin - Time for a Trend Reversal?Since the beginning of January AdEx has been loosing in value against the Bitcoin. Price has decline from 25k satoshis down to the recent low at 2.5k satoshis, resulting in a x10 time price drop, which is a 90% loss.
On the 15th of August, when ADX/BTC hast reached the bottom at 2.5k satoshis, AdEx has tested the lower trendline of two descending channels, which were rejected simultaneously. The interesting moment is that new Fibonacci Time Zone cycle has just started, exactly at the date when ADX reached the recent low.
It is very likely, that if current low will hold, AdEx could be on its way to establish a long term uptrend, or a strong corrective move north at the very least. Price is expected to reach strong resistance that is seen at 13.7k satoshis area, confirmed by 76.4% and 50% Fibonacci retracement levels.
The upside target also corresponds to the uptrend trendline and the next Fibonacci time zone cycle, which will start on the 12th of January 2019. Therefore, the upside potential is 450% with the time horizon of 5 months.
But at the same time price could reach the upside target earlier, that could be the confirmation of a strong bullish move up until the January 2019. Price could reach and surpass the previous all-time high, established back in August 2017, when price almost reached 60k satoshis.
ADXBTC
ADX/BTC LongADX has been quite bottom and sitting on support these recent days. Looks like an entity accumulating it quite much and it takes few times since the order book or volume quite little so it took days for em to accumulate "enough" to pump this bag. Risk/Reward ratio is safe. If you aware ADX is more than 16x from this current level and it is an easy 2x.
Place your bet.
- The team active
- The community is good
- AdEx had sponsored few big events back then so make their exposure even bigger
- AdEx made few partnership along the way to implement their products
Nothing much to say,this one will be huge!
A scary but hidden GEM !Now, you see that huge bullish candle for few days ago? THAT my dear friends, is the WHALE candle. The balance on that candle is around 7200. Right now, this market is shining with green colors, it's up to you to take this GEM or not, but, for swing trading, the very first target would be around 14K and the next one, go and take a look for ATH yourself :p
Wait Until the Result (Sensitive Situation)Hi dear
Current position is sensitive.
If this old support line is lost, it will fall further.
Of course, the Stochastic oscillator shows that the price may grow.
Because the blue line has cut the red line up.
If the ADX is lucky, maybe it's a pump.
Remember that nothing in this world is 100%
Good Luck
AdEx ... Decide yourselfHi everyone!
Let's do a quick view of AdEx.
Seems that "market" in general is gonna have a fast bullrun (hours-days-few weeks.. but not more than that) and than correct itself to reach lowers levels.... In this case is draw like a posible AltShark or maybe a Nen-Star...
As always, our positive scenario is guided by the green path... and the negative one could reach in the better case only the 0.236 red fib level.
This is just for educational uses.
If you like my ideas, please hit Like, leave a comment, share them and follow me for more!
GoodTrade
-CJ-
AdEx (ADX) Long Term Push (222%+ Profits Potential)AdEx (ADX) Long Term Trade by Alan Masters
Last time we traded AdEx we generated 280% earnings, I believe we can enjoy similar results this time around, or even more.
Here is the long term chart for us to get started:
- The log scale is on since this is a long term chart.
- Here I mark some dates, the all time high, bottom, EMA10 (blue) and several support levels.
- We will take a closer look soon and examine the signals that point to future upward movement, but let's start by looking at the details of the next AdEx event.
UPCOMING EVENTS
- AdEx (ADX) - 30 September 2018 (or earlier)
- AdEx Protocol - "We are releasing the AdEx protocol. It is a generalized advertising infrastructure that includes smart contracts and our node."
CHARTS, SIGNALS & INDICATORS
Let's have a closer look at the AdEx (ADX) chart, review the signals coming from the candles and indicators and move on to the trade instructions:
- After reaching a peak on the 2nd January 2018, AdEx's price started to go down and continued to do so all the way until now. The price bounced from a strong support established back in August 2017 and several signals are telling me that this might be the "bottom", which means we move up from here.
- We broke and close above EMA10 (blue) line on the daily chart. This is a positive development; bullish of course. AdEx hasn't been able to close above this line since early May... Let's continue.
- Very strong bullish divergence on the MACD, plus bullish crossover. We are still on the bearish side of the MACD but trending up.
- The RSI played in and out of the oversold line for over two weeks. Now it is out of the bottom, trending up and showing for plenty of room available for additional growth.
- The STOCH is trending up and in the bullish zone.
TRADE INSTRUCTIONS
Buy in: Up to 0.00006500
AdEx (ADX) Targets by Alan Masters:
(0) 0.00007004
(1) 0.00007684
(2) 0.00008864
(3) 0.00009724
(4) 0.00012214
(5) 0.00014664
(6) 0.00016174
(7) 0.00019194
(8) 0.00023050
(9) 0.00027294
(10)0.00034174
(11)0.00040444
Note: These targets are for reference only. Not all targets are meant to be reached. The higher the target number, the longer it takes to get there. Aim for profits, 1-6 targets depending on the market conditions. If the market moves but without strength, 1-2 targets will do. Action with momentum, 2-4 targets. Good growth, up to 6 targets... Massive, long term growth, aim for the TOP.
Each time a target is hit, you sell for profits. Here you can find additional information on how to sell the targets.
You can sell 20% on the first target just as you can sell 100%. This choice is completely up to you. How you proceed will really depend on your trading plan and strategy. Long term traders buy and forget, come back later, in many months time, to collect. Short term traders sell everything when we hit the first or second target, while mid term traders sell a small portion at each target. You can also have a mix of all the above...
Stop loss: 0.00005700
(This stop loss is only valid if we 'close' a daily candle below this price. Just 'hitting' this price isn't enough to close this trade).
Note: Please remember, if your stop loss is activated, you can use the "Next support" level to buy back in at a lower price and increase your total number of AdEx (ADX) tokens for the next wave up.
Capital allocation: 2-3%.
Time: 2-8 weeks.
AWARENESS OF SELF
Who are you?
Who am I?
Are you aware of the self?
Yourself or myself?
They are both one and the same.
Achieve awareness of the self through deep conscious breathing / prayer / meditation.
Five minutes in the morning, after waking up.
Five minutes at night, before going to sleep.
You will be amazed by the positive wealth, security, patience and happiness enhancing results...
Namaste.
ADX trade stratsIf you're looking to get into ADX here's some of my suggested entries and exits.
there's actually 3 different strategies being shown, all color coded.
Might be a little hard to follow at first but it starts to make sense the longer you look at it lol
NOT FINANCIAL ADVICE
FIND YOUR OWN LEVELS
SUPPLEMENT W/ MINE
p.s. i love you
ADX is still correcting...but a breakout will hit soon.As you can see BINANCE:ADXBTC is maintaining a falling wedge. Im thinking a 5th wave is about to happen, which "shouldnt" break this strong resistance shown. If a breakout happens to this falling wedge we might see some good realistic profits between 10~40%. Best case scenario is hitting +20k which should be at least +140%.
Buy 8050~8300 (average 8175)
Sell (Short)
T1: 9100
T2: 9800
T3: 10400
Sell (Medium/Long)
T1: 11700
T2: 12300
T3: 13250
T4: +20000
Dont forget to do your own analysis. Im a financial advisor.
#ADX ADeX 14k support on dailyADeX #ADX showing strong support at 14k satoshi on the daily chart.
Good buying opportunity if it can hold 14k support. Market is risky, but these are the type of things we need to look for. A lot of coins have lost their support lines and went back into old resistance/support.
Now is the best time to ride AdEx $ADX ADX has just started on wave 3 which shows that it's heading to long term target of $2.5