Trading BTC pairs is a great way to be accumulating some more BTC. ADX is looking like its getting ready for the next move up as we have a continuation pattern and is on the verge of breaking out... Can either get in early before the breakout and have a stop loss in play incase of downside, or can wait for a breakout and a retest flipping resistance into support...
ADX, looks realy good to me. Consolidating almost 2 years under OB. We break out of it and now its retesting the block! Also the volume construction is powering up. I thnk ADX will soon see the firs bigrally push.
Keep an eye one ADX!
Hello my fellow cryptocurrency trader, how are you feeling this Saturn-day?
We have a very simple chart here, ADXBTC (AdEx).
We are doing some of a fractal...
First, we have the consolidation box in purple.
Second, we have a strong bullish breakout.
The same pattern is repeating now.
After prices move above EMA50 for ADXBTC, strong bullish action...
HI everyone,
Adx Clearly broke out on 15th March and is still consolidation above Ichimoku cloud and above its breakout.
Underneath, it has ichimoku support. there is a region i marked is a must hold to stay in shape.
It has broken a long term downtrend with Inverted Head and shoulder formation.
Expecting 5000sats target if we see some solid volume coming...
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please...
ADXBTC waiting for a clear breakout from the descending channel.
The price had a nice breakout from daily resistance. If the price will have a breakout from the channel and retest the upper trendline as new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure ->...
When you see a trading pair, altcoins, above EMA50 and MA200, this means that the bulls are in control.
As long as prices stay above these two lines, we can expect a massive jump.
But, please remember that charts are always changing and can always change...
If prices move and close below MA200, the bullish bias can be lost.
The market is dynamic, we adapt and...
ADX is continuously rejected in the 1900-2000sts region since August and currently the trend of ADX is to fall to the zones of 1200sts, 1000sts and deepest in the 500-600sts
Only when ADX closes 1D candle above 2000sts, ADX will have a stable and strong rally.
📈BUY- LONG
- Buy: 1200-1300sts. Stoploss if B
- Buy: 900-1000sts. Stoploss if B
- Buy: 500-600sts....
ADXBTC wants to test the monthly resistance. Now the price is testing the weekly support.
IF the price will have a breakout on daily resistance, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...
