Adex been trading in a triangle on daily charts. Looks ready to bounce and show it's move. Looking for first sell at 0.00025 and watching for break above. Next level 0.00033.
Keep in mind I'm not an advisor nor an expert.
Keep in mind I'm not an advisor nor an expert.
Trade active:
Update:
Triangle is holding.
Daily candle wix bounced off 50-day moving average with strong support. And candle is closing above the resistance at ~0.000173.
100 and 200 daily MA are only about 10% to the downside offering additional support in case of shake out.
With a little volume Adex can takeoff soon :).
Triangle is holding.
Daily candle wix bounced off 50-day moving average with strong support. And candle is closing above the resistance at ~0.000173.
100 and 200 daily MA are only about 10% to the downside offering additional support in case of shake out.
With a little volume Adex can takeoff soon :).
Trade active:
update:
Daily chart following along with strong support with the 50-day MA.
100 and 200 MA right below (~6%) offering more support at 0.000156.
Overall, it's getting tight.
Daily chart following along with strong support with the 50-day MA.
100 and 200 MA right below (~6%) offering more support at 0.000156.
Overall, it's getting tight.
watching for volume to come in and selling pressure to get exhausted.