ADX
AdEx Is Preparing For Its Next Bullish Move (90% Mapped)AdEx (ADXBTC) hit a low back in late September 2019, together with another group of small-cap. alts.
After this low was hit, a very strong bounce followed and ADXBTC has been consolidating ever since.
Now with prices trading above MA200 and the last retrace reaching its goal, AdEx is getting ready, to generate 90%+.
Patience is key.
Remember to have a plan when/if you decide to trade.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
ETHUSD 1D ADX LONG STRATEGYThe ADX indicator simply measures the strength of a trend and whether we’re in a trading or non-trading period. In other words, the ADX is a trend strength indicator. This method of technical analysis is used to identify the emergence of strong downtrends and buy signals.
We need to be very careful about how we read and interpret the ADX indicator. It is not a bullish and bearish indicator. ADX’s moving average only measures the strength of the trend.
So, if the price is going UP, and the ADX indicator is also going UP, then we have the case for a strong bullish case.
The same is true if the price is going DOWN and the ADX indicator is going UP. Then we have the case for a strong bearish case.
Add horizontal 25 line to ADX.
Adjust RSI & ADX to use a 20-period indicator setting.
Step #1: Wait for the ADX indicator to show a reading above 25.
Before we even look to see if the market goes up or down, we must first wait for the ADX indicator to show a reading above 25. Based on the ADX indicator trading rules, a reading above 25 is signaling a strong trend and the likelihood of a trend developing.
We all know that the trend is our friend, but without real strength behind the trend, the newly trend formed can quickly fade away.
In order to gauge the direction of the trend, we also need to look at the actual price action. This brings us to the next step of the best ADX strategy.
Step #2: Use the last 50 candlesticks to determine the trend. For buy signals, look for price to develop a bullish trend.
No matter of your time frame, we need a practical way to determine the direction of the trend.
By using a sample size of 50 candlesticks to determine the trend we ensure that we trade in the moment of now. We like to keep things simple, so if the price is heading higher during the last 50 candlesticks we’re in a bullish trend.
Step #3: Buy when the RSI indicator breaks and show a reading above 70.
For our entry signal, we’ll be using the RSI indicator that uses the same settings as the ADX indicator settings (20). Normally the RSI reading above 70 shows an overbought market and a reversal zone. However, smart trading means looking beyond what the textbook is saying.
In a strong trend as it’s defined by the ADX indicator that’s precisely what we want to see. We want more buyers coming into the market.
So, we want to buy when the RSI indicator breaks and shows a reading above 70.
Step #4: Protective Stop Loss should be placed at the last ADX low.
In order to determine the stop-loss location for the best ADX strategy, first identify the point where the ADX made the last low prior to our entry. Secondly, find the corresponding low on the price chart from the ADX low and there you have it your SL level.
Step #5: You determine Take Profit or when the ADX indicator breaks back below 25.
The best ADX strategy seeks to only capture those profits resulted from the presence of a strong trend. Once the prospects of a strong trend fade away we look to take profits and wait for another trading opportunity.
To accomplish this we take profits as soon as the ADX indicator breaks back below 25.
An ADX reading back below 25 suggests the prevailing trend is running out of strength.
Note** The above was an example of a BUY trade using the ADX indicator trading rules. Use the same rules but in reverse, for a SELL trade.
Conclusion - ADX Indicator
The best ADX strategy gives us very useful information because a lot of the time, we as traders don’t want to get into something that’s moving nowhere and not trending in a strong fashion. By applying the ADX indicator trading rules one can take advantage of the strength of the trend and cash in quick profits. The bottom line is that the best profits come from catching strong trends and the best ADX strategy can help you accomplish your trading goals.
AdEx PREMIUM Trade Signal @alanmasters [ADXBTC](234%) Trade: AdEx | ADXBTC
BUY: 0.00001070 - 0.00001150
TARGET:
1) 0.00001410
2) 0.00001700
3) 0.00001880
4) 0.00002150
5) 0.00002350
6) 0.00002600
7) 0.00003300
8) 0.00003800
PROFITS POTENTIAL: 234%
(Current price 0.00001138)
STOP: Close daily below 0.00000960.
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This is not financial advice.
Alan Masters Beginners Tips
Always make sure to have a plan before you trade.
Do your own research.
Patience, always breath, think and take your time before buying anything or taking any account that puts you or your money at risk.
Take your time always, if one opportunity goes another one will come.
Thanks a lot for your love and continued support.
Namaste.
ADXBTC formed bullish Gartley | Upto 21.5% bullish move expectedPriceline of AdEx / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00001005 to 0.00000950
Sell between: 0.00001049 to 0.00001155
Regards,
Atif Akbar (moon333)
LTC/USD Daily outlookLTC/USD Daily outlook
Litecoin is getting closer to a falling wedge pattern breakout most likely to recover some lost territory heading to $100.
The drops are slowing down as shown by the Poshtrader Hull Moving Average period 50, where Litecoin price has broken out above the trendline resistance.
However, the Litecoin bulls must reclaim the support at $45 to avoid declines into the $30’ range.
*The RSI recovery towards 50 shows that the bulls are ready to retrieve command and move some action upwards.
*The Poshtrader Hull Moving Average is supporting the current price level
*The Simple Moving Average 50 Gap has started to narrow.
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LONG - ADX - Trading Opportunity#ADX/BTC really nice rounded bottom on the weekly, looking at a long term setup here.
Entry: 0.00001046
Target 1: 0.00001203
Target 2: 0.00001415
Target 3: 0.00001695
SL: 0.00000958
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Today`s ALT!!! ADXBTCBINANCE:ADXBTC
Exchange : Binance
Coin: ADXBTC
Buy Zone: 0.00001~0.0000092
Target Point: 0.00001045/ 0.000011/ 0.0000123/ 0.0000129/ 0.000014
S/L: 0.000009
Risk: HIGH
Term: Middle
You should be careful in buying ADXBTC because of Bitcoin
It`s making Symmetrical Triangle
Movement of The Chart and RSI are very similar
The Volume is slowly down
It needs more time to be pumping !!!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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LONG - ADX - Trading OpportunityPrice managed to hold above the bottom of the 1D cloud.
Entry: 0.00000940
StopLoss: 0.00000892
Target 1: 0.00000992
Target 2: 0.00001036
Target 3: 0.00001201
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
AdEx Breaking Above EMA100 | Easy 43%+ Potential ProfitsAdEx (ADXBTC) is starting to move on increasing volume above resistance.
The resistance that is being challenged right now is EMA100. Last time this resistance was broken ADXBTC hit a peak of 1423 satoshis. A similar move can happen once above this level... Additional growth is possible after the move is complete.
This is not a piece of trade advice.
Make sure to have a plan/strategy before you trade if you decide to do so... It is always wise to plan targets beforehand and also have a stop-loss in case the trade goes wrong.
Namaste.
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