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ADXBTC trade ideas

ADX BTC possible edge-to-edge cloud breakout, but lots of resistWe can see that it's approaching the edge of the cloud on the hourly and it's low near the bottom edge in the green cloud on the 4h chart. Plus the cloud is beginning to contract on the daily. I will draw some lines so that you see where the next areas of congestion will be. In truth it will have some difficulty going forward and I think it will consolidate for a while longer, especially if BTC is about to run.
by RotiWokeman
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
ADX/BTC TF4HADX show the strong bullish trend, after being dumped down to 13K satoshis cause by BTC bullish, it show the quick recovery to 18K sat Daily chart show that it has been overbought, so it would got a little correction I believe 28 December, most of alt coins will be dumped down because of Segwit Hardfork, ADX will be one of them after 29 December it will be a great time to buyback Because 31 December it has great news Entry point: under 14K sat Stop Loss: 12K sat
Short
by kaslie