ADXBTC trade ideas
ADEXBTCA coin I check every day on my list.
Huge potential, Theorically target at about 60000
The bottom has been touched and now we are only in the beginning on the upcoming bullish trend.
Why I have made a chart for Adex?
During my trip in italy, in the flight, I have opened the magazine of Easyjet (the flight company).
I have been so surprised to see in the central part of the magazine not one but 2 adverstising of.... ADEX
First AD slogan:
Bringing blockchain technology into everyday life
Second Ad title:
A next generation blockchain advertising network
A sign that things are changing quickly. Comon 2 advertising on the magazine of Easyjet between ads of ready to wear and food. lol
Please have a look on my twitter link for pictures
ADXBTC - Kumo E2E and Upcoming Resistance LevelsDuring BTC's bull run, ADXBTC breached a long-term support and price suffered as a result.
Since then, it has steadily been building an uptrend support and recently had a strong move up into the Kumo Cloud.
There are at least two possible scenarios here.
1) The close inside the Kumo is actually a bull trap and ADXBTC will bleed back down towards the support trendline at the bottom of the chart.
2) The Kumo edge-to-edge is valid.
If (2) is true, there are two further things to look for.
2a) Price breaching the blue box. This is a key level because if price can trade above the box, it would signify a break above a key support level (now resistance) and also a Kumo breakout.
2b) Price testing the longer-term diagonal downtrend line. The rocket icon is there for a reason. Namely, if price is able to breach and trade above the downtrend line, I would expect significantly more upside and a 'real' trend reversal.
$ADX started to move with good news. $ADX claims that they are ahead of the development schedule which supposed to happen in February. Allegedly, it may come alive in October. In TA, its on the correction phase ATM which we can consider as the second wave of fractal. I expect to that it reaches 20k at the end of 3rd wave.
ADEX Breakout of structure, to Wave 1 Impulse ?It seems that ADEX has broken out of structure and may have started a wave1 impulse move up.
Although whilst looking at the 'TDI', 'RSI' seems to be already approaching the Overbought position at around '60.0000' there is still more room for bullish price action to complete at least wave1.
If this wave count is correct, we should see significant gains in this coin in a relatively short period of time.
I've purchased this coin at breakout and am holding long-term.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.
.....::::: If you like this chart, please click on the THUMBS UP! :::::.....
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ADX trade ideaADX has possibly found support on the 21 MA and a bottom at 5,5K sats.
We have a falling wedge and secondary support zone (also optimal buy zone) at 8K sats.
MA indicators are showing there is more confidence in the price action at this moment which could lead to testing the various resistance points as shown on the fib.
Signs of strengths would be a move abouve the resistance of the falling wedge, followed by a break above the .236 fib level.
First target would then be 0.382 fib level at 17K sat. Secondary target would remain open depending on whether wave 3 of the elliot wave would get more extended.
ADX possibly double your money or more!ADX just broke out of a giant falling wedge and is about to start a new uptrend. A falling wedge indicates that the bears are trying to push the price down, but there aren't enough sellers. Without sellers to keep a lid on the price, the buyers takes over, and the price skyrockets. The same pattern is occurred with so many other small cap cryptos, and the price almost always goes up. In addition, both the RSI and MACD confirm this breakout.
The expected price increase is around 38k based off the opening of the wedge. That gives us a target of 44k, meaning we could potentially quadruple our money over the next few weeks.
ADEX- Triple Bottom - READY TO BOUNCE!Good morning trading friends!
It is the normal routine: before we begin to trade for the day, we must spend the time to analyze charts CALMLY. My friends, remember, "Right Now" is rarely the correct timing, so take a deep breath before we make any decision!
Okay, now let's talk about Adex.
It's been at the bottom for a while now, and there is a triple bottom pattern forming on 4H, 3H time charts. This is a great time frame for you people that are comfortable with holding a coin for more than a week.
I will add more information soon!
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!