Rice has been observed to create a strong support at $60 and maintained the support for roughly three months. Due to the recent surge in bitcoins value and growth, basic trend analysis and price movement, i expect adax to follow suite, break past its current resistance @ $80 USD and hit the $120 mark .
notice how the price has bounced of its major support zone at 0.91159 in the past, price experienced a consolidation, retesting its support three times. the trend has reversed and and I expect it to continue its run until a pull back is observed
price has been on an upwards rally since the first of october, and has grown an amazing 5.3% in 21 days. this change in momentum is noticed after 3 months of consolidation. price bounced of its former support zone at $149.453 three times and broken past its former high of $156.134. i expect this momentum to continue till price reaches $163.00. This is not...
Notice how price is rallying back up, this movement is short term and is infact a pull back. I expect price to rally upwards to 1.17295 before respecting the bearish trend line and continue in said pattern. I expect price to move down, past its former support at 1.1540 and further downwards.
price hits a strong support zone and is expected to rise up. it also follows a bullish trend