TradingView
bejaneps
Aug 19, 2020 10:49 PM

ADXBTC Reached Bottom Long

AdEx / BitcoinBinance

Description

My opinion on this idea is that ADXBTC has reached potential bottom. If you take a look at RSI indicator and price, you will see that we have lower lows on price chart, but whereas on indicator it's not going lower than 30 level, it's called divergence and in our case it's bullish.

Additionally, price has reached 0.236 Fib level, which is last fib retracement level and some bounce is expected from this level. If price keeps higher than 1523, then we are going to 0.386 Fib level soon.

Good luck and keep your SL tight !

Trade active

Looking strong, almost reached 0.318 level, probably going to next ones in upcoming days !
Comments
yusseflamie
The currency remains very difficult and does not move up, which leads traders to leave it unfortunately a very bad currency
yusseflamie
Very sorry, I want to know the reason for the currency not moving despite the increase in volume and the reason for its descent
More