ADXBTC trade ideas
ADX/BTCRisk : High
Coin: ADX/BTC
Exchange: Binance
Entry Zone: 0.0000278 - 0.0000282
Target 1 : 0.0000303 (10%)
Target 2 : 0.0000336 (20%)
Target 3 : 0.0000378 (35%)
Conservative Stop Loss: 0.0000265(5%)
Normal Stop Loss : 0.0000252 (10%)
Comment : ADX show a good uptrend, and we can see a consolidation with the VPVR, and we can see a lot of space for a bull run. The only uncertainty for the moment is the Bitcoin, but like we show you this morning, it's not the time to panic.
ADX is preparing for growthAdEx price of 3 weeks is in the range of 0.000026 - 0.000032. I expect further growth to levels: 0.00005 and 0.00008
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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.
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!
Adex(ADX) Support Line BuyAdEx(ADX) is hitting its all-time low support, from 1 year ago, @ 4.2k
Around 2 weeks ago, it had a breakout from the trendline, with the price peaking with an increase of 2x and a global volume of 100$ million, which shows that there are a lot of eyes watching this market, waiting for something to happen.
Now that the price is right at the support(green), also near the new support trendline(orange), it is a good time to start slowly buying, and enter into your actual trade once the volume & price start increasing again(Don't buy too much unless if you see it quickly gaining momentum).
Also, there is strong macd divergence, with the price falling but the macd increasing, as seen with the blue arrows.
You should always cash out as the price increases, but my plan is to place a the main sell order near the resistance(red), and sell along as time passes.
As I said before, wait for it to gain some momentum, as it could just slowly go below the support without much action, if there isn't an initial push upwards.
Coin Details:
Market cap: $21.288.606
24 Hour Volume: $1.928.644 USD
Price: $0,289914
I haven't published a public idea on tradingview for a long time now, let's see how this goes
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.
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GoodTrade
-CJ-