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ADX

Adex VS Bitcoin +630% PotentialAdex is currently trading within the descending channel, although on the last wave up it failed to test the upper trendline of the channel and went down. The decline was stopped at the 10k satoshis, that is a strong psychological support as well as  76.4% Fibonacci retracement level. While the support is holding it is very likely that ADX/BTC could establish an uptrend, towards 74k satoshis resistance confirmed by two Fibonacci retracement levels. That is 630% growth potential over the Bitcoin. On a downside, daily break and close below 10k satoshis could extend the consolidation and send price back to 5.5k satoshis support, nevertheless, that price should be far more attractive for buyers.
Long
by CryptoPAMM
Verge caution!Comparing the actual ADX with the past we see a similar event; namely the crossing of the momentum-line and the DI+ - line. In the past only a few days after this happened the trend turned and Verge fell. With RSI nearly in the overbought-zone it is probable that we´ll see a change in trend this time too. Perhaps the price climbs up some more dollars before it falls down. I´ve drawn a possible movement. I recommend to take some profits on this level; at least when Verge is breaking the support at 0.075$ (fib retracement 23.6%). You do your trades on your own risks!
XShort
by Luettis
ADX is getting ready for rally, check it outHello Friends, Our last call on ADX was spot on. You can call it as "I nailed it" I have mentioned that ADX would reach 8000 SATs and bounce back considering the volume studies, Yes. ADX touched 8000 SATs and now it is trading at 9500 SATs (~20%.) Now, the price is forming a CUP formation, interesting setup and Price is within the triangle formation. So my trade would be Buy now (9300-9400 SATs) and Target: 16000 SATs, (70%), Sl : Below : 8000 SATs (20%) Note: Resistance levels are marked as dotted lines, in which I would sell and Buyback at the lower levels. And Note: My current trade is range bound, Lower side of the triangle to Upper side of the Triangle. Once it breaks the Triangle, the targets would change and it is going to be massive returns.
Long
by maheswar81
5
Reversal? Low Volume & Downtrend BUT ADX rising(-DI above +DI)..I would feel more confident if the ADX (black line) is above 20 but in a falling state. In this case it looks as if it increasing... My interpretation of Volume and Price: Volume Share Price Interpretation Decline Uptrend Bearish Decline Downtrend Bullish Increase Uptrend Bullish Increase Downtred Bearish What are your thoughts on GLBS ? How do you translate volume and price increase/decrease? If you have recommendations or tips - please, let me know below at the comment section. /Pat
NASDAQ:GLBS
by maga22
Adex VS Bitcoin 200% Growth PotentialThe downtrend of the Adex has ended at 5500 satoshi where it found the bottom and then went up breaking above the descending channel and hitting the 25k satoshi high. The corrective wave followed resulting in a rejection of the 61.8% Fibonacci retracement level, after which the downtrend trendline was penetrated, suggesting the beginning of an uptrend. Fibonacci applied to the corrective waves down after the descending channel and the downtrend trendline breakouts show the strong resistance at 44k satoshi, that is over 200% potential gain from the current price. Although the timing and the price seem to be right, the consolidation could also take place.  On a downside, daily break and close below the 12k sathoshi could invalidate bullish outlook.
Long
by CryptoPAMM
2