ADX still looks bullish, having moved sideways since my previous setup. Price seems to be forming an ascending triangle (bullish), Stoch RSI and MACD both pointing up in 1H, plus a bullish divergence brings the expectation of a possible movement upwards higher.
I have included all of the following coins in my investment strategy for 2018: 60% GNT (Current Price: $0.213) 22% ADX (Current Price: $1.02) 4% UBQ (Current Price: $1.31) 7% LSK (Current Price: $9.93) 7% EOS (Current Price: $1.91) My total investment is $10,000 split as noted in the above ratios. The chart above also represents all these coins...
ADX has followed this pattern--as have many Crypto's to date--namely ETH traded Alt-coins. The pattern is best described as a tendency for cryptos to succeed in long term growth earlier than expected upon entry into markets like Bittrex--after graduating from small exchanges--IFF the Crypto in question breaks out of the initial down-trend cycle. To illustrate...
ADX - pennant - weekly - possible Target 1.75
ShoulderHeadShoulder on the daily. With that Bull Divergence in play, it can break out anytime. Target in the box . ;)
ADXBTC Consolidation about to BREAK out ~ MACD Bullish Divergence. 1 Hour Time Frame Los Angeles 2:48 AM. Finally Adex is a company/coin/product that I've been eyeing for some time now. This company and a very few(BAT) actually have a working prototype that is trying to solve real world problems. As we know, marketing and advertisement is a very big industry...
Waiting for news. This is my largest position in the alt coin space. Has reacted strongly to news and looks to break out back to ath area. Good luck.
As you can see a head and shoulders in training. This is my strategy for this coin, what do you think?
ADEX is finding support at the first line of resistance and average weight of the market holdings (.00015). Should be a great jumping off point to .0003 in next few days. Look at key levels to sell and reenter on the right.
ADX hit its lowest low, creating a double bottom and forming a new support level (dotted trend line). Potential for great profits with enough volume. (Due to BTC's current bull state, pre-fork, it's very it's very possible for price to drop further and bounce on the bottom of falling wedge trend line)
Waiting for BTC to correct a quick setup was formed yesterday. Keep the volume levels on the right as a guide for the resistance and support levels. Lets ride the wave to ATH!
$ADX looks similar to STRAT before the breakout and before it made a 6000% price gain.. if if breaks the trendline and closes above this could be a big winner.. FA is also strong on this one.. really good RR imo.. always dyor u know its still crypto..
ADX can repeat this triangle pattern! It can be great for the mid-term