Another bullish looking altcoin, AdEx has just about bottomed out, Falling Wedge and bollingers say up. See you at the top of the cup
Both ADX & Squeeze indicators show sell signals.
The Stoch RSI is already high up, and normal RSI is sitting right in the middle. ADX failed to cross the cloud and got rejected there. Look for another bounce at support for another good entry point.
Long 2 contracts @1.249 before neckline break @1.252. Looking for resistance at 100% Fib extension @1.279 from low @1.208. Anticipating pullback into .61.8-38.2 zone next week to two weeks before continuing ascent towards 1.618 Fib extension area around 1.325-1.332. ADX also showing move above 20 and +DMI clearly in ascendancy.
Waiting for the bottom of the down trend to go long. I am thinking of testing the Awesome Oscillator this time as an entry point, either but twin bottoms with higher lows, or crossing above zero line.
$EURUSD broke through bottom of triangle @1.1684 after previously reaching the top of the channel. Also looking to put in final leg of the right shoulder. Price searching for support, probably around the 1.16750 mark. ADX below 20 so no obvious trend, though I'm setting up for further bearish decline.
Currently breaking out above the downtrend line on the 4 hour chart. Looking for Bullish MACD cross in the next few candles (4-8 hours) for confirmation of a sizable run. RSI is average right now with plenty of room for movement. Target area around 20,000 satoshi's.
In a down trend ADX crosses above 20 in 4 hr chart, and price closes below 50 MA, brace for impact or go short.
Adex is showing Bullish Divergence. Los Angeles 9:05 AM. Adex found support near the 12k sat and looking to recover above the clouds. If RSI breaks 50, a new trend will start and above 60 for the bullish run. The price action is about to break the Kijun-sen and find support on the 26 day moving average. Bullish divergence shown on the macd. The yellow dot...
ADX is also being pushed down due to the massive bull run of BTC. This is currently my primary view. As we broke the low of wave A, it is likely ADX will correct lower before it is ready to rally. Let's see if we get the long setup. Also some nice divergence showing on the 4 hour MACD.
I've spent the day charting the support and resistance lines for AdEx. I've indicated where I've bought into the coin. Although normally I follow a doubling, tripling, or quadrupling up method on a market downturn, I digressed from my normal path here a bit, buying more at a higher price than normal for myself. I corrected, and am currently waiting to quadruple...
TP1 345 $ (short term trader) TP2 395 $ stop-sell below 310 RSI is going up. We should pay attention to DMI crossing signal.
We can wait for MACD cross but the price is so good for buy. Price tried Fib .618 resistance almost. It can try the .618 one more time.
ADXBTC can find support here in the area where wave C is equal to 1.0 - 1.618 of wave A. In any case an interesting project with long-term potential. Also considering the impulsive move we saw earlier.
ADXBTC is setting up nicely for another rally soon. 3 major supports on Daily are coinciding between 0.000230 and 0.000240. 1) 50% Fib of previous rally at 0.000232 2) 9MA support at 0.000236 3) Horizontal support at 0.000234 As a trader, I would start buying at 0.000240 as all above mentioned supports (if honored), indicate towards bullish continuation. ...
I'm keeping it simple, ADX is going through a correction but in the short term its oversold. Currently resting at the .5 FIB around 24.2k SATS and next big support is the important .618 FIB at the 22k level. Ill probably rebuy some around then if it touches, or if it break out of this downward channel were currently in
Good Hidden Bullish Divergence For the 12 October max, if the divergence is ready by now, then we should have a good surprise with a raise to 1.7's +0.55 from 1.16