I am personally getting into ADX while it is near this bottom support line. ADX has bottomed out and has reached an all time low recently, crossing back over that all time low and holding it as support this morning. The 1D Stochastic RSI just crossed over indicating long term bullish movement and I believe that ADX can hit near the long term resistance line. I am setting my personal goal within 12-13k sats for almost a nearly 2x return and setting a tight stop loss 5% below the support line around 7,300 sats.
Comment:
Upwards momentum on ADX, things are looking great!
Comment:
ADX fell below support again and triggered my stop loss, might look for another entry in the coming days.