AdEx (ADX) has completed its Wyckoff accumulation phase, confirming a fully developed Spring (false breakout). The move was validated by the formation of a double-bottom pattern, highlighting the strength of the underlying base.
The structure suggests a strong upside breakout is imminent, with a potential rally exceeding +200% as buying momentum and liquidity expansion continue to build.
The structure suggests a strong upside breakout is imminent, with a potential rally exceeding +200% as buying momentum and liquidity expansion continue to build.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.