We've been looking at adToken for a while now and recently we are active with a trade. The setup/bullish chart we were looking at is ready to pay...
We have prices moving above EMA10 and now trading above EMA50 while pushing higher... The RSI is at 57/strong. adToken (ADTBTC) is a low volume altcoin pair and mid- to long-term it can produce amazing gains.
Remember to always have a plan/strategy before you trade.
@Confucius-The-Great, My private indicators are bearish, STOCH is bearish, 12 hour and 1 day, RSI bulllish, I would wait a day or two. If this move is going to fail it will be a red candle tommrow. And the pump is manipulation. Does not count when indicators are clarly turning down if you ask me. Shouts fake move/pump to me. In 1-2 days we know the truth if it is over EMA 50 or tommrow is green.
Confucius-The-Great
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@Confucius-The-Great, A close over EMA 50 is ofc a stronger sign than just a green candle tomorrow.
Sanely
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Hey Alan, thx for analyst :) I am just wonder about this one, if it's not kind of death token? Volume is all the time extremely low for long time.. :/ I am afraid it can be delisted or smth. What do you think? I mean do you consider it while doing chart or only reading lines/possible gains from it?
Thanks for answer in advance, good luck !
AlanSantana
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@Sanely, I don't consider it... All the bottomed out coins look death with zero volume. Basically most of Bittrex altcoins look like that.
They move with the market when their turn comes.
Getting delisted is possible but I guess they have some guidelines for that.
Harry_Seldon
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I'm surprised this one started to move so fast, the order book was really stacked on the sell side. I think this is pretty bullish for the next days :)
Will add some more when I have a minute.
AlanSantana
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@Harry_Seldon, I've learned that the sell book is irrelevant, market cycles/bots are more relevant.
When it is time to move, it will move regardless of the size of the orders in the sell book.