ADXBTC - Perfect setup on daily
Actualizado
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.
Targets - 0.000280, 0.000296, 0.00038, 0.000370, 0.000470
Stoploss around 0.000199 (to avoid false breakdown)
Long term bullish view on this pair, as expected product news yet to be priced in
Previous ADXBTC successful analysis link below:
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.
Targets - 0.000280, 0.000296, 0.00038, 0.000370, 0.000470
Stoploss around 0.000199 (to avoid false breakdown)
Long term bullish view on this pair, as expected product news yet to be priced in
Previous ADXBTC successful analysis link below:
Nota
Seems like Adex in bullish mode, reversed from 61.8% Fib (0.000257 level), banked by the product news.The reversal will be confirmed if the pair manages to close above 0.000340 level.
Targets are intact, stoploss can now be placed at 0.000270 level if you are already long.
Nota
whoever was waiting for the dip, now is the time to start buying AdEx.
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