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Cryptonite_trader
May 21, 2019 7:29 AM

ADEX BTC ADX Long

AdEx / BitcoinBittrex

Description

Looking at ADX on the daily chart

*Willy stupidly over sold and making a nice bullish divergence
* Histogram making lower highs and confirming a bullish divergence
* OBV strong and healthy, people are accumulating
* Currently bottom of value low and could see a run up to the POC where the .382 fib lines up
* Target is around the 3300 sat mark
* Would love to see the bulls step in and create this bottom here.
* ADX has made a 618 retrace on a smaller time frame for a lower high (Double bottom)
* STOP LOSS will be a touch under the red line

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Comments
SpartaBTC
In this I support you. The price will rise. This movement can be taken.
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