Hallemahalle

ADX - Inside Falling Wedge heading towards support-lines

Long
BITTREX:ADXBTC   AdEx / Bitcoin
ADX is currently inside a big walling wedge, heading towards support zones.
  • MACD and RSI showing downwards on the daily and 4h chart (-)
  • Prototype release could not been released in oct. (-)
  • Volume decreased, lot of money pulled out caused by BTC fork and bad news

Support zones:
At bottom of the wedge : 8300-8500 Sat
At first support line : 7500 Sat
At second support line: 5500 Sat
Lowest: Around 3800Sat

Lot of volume will flow back after BTC-Fork is completed
Comment:
Currently positiv breakout of the falling wedge
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