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maheswar81
7. Jan. 2018 09:45

ADX with 3x opportunity Long

AdEx / BitcoinBittrex

Beschreibung

Hello Friends,

I like this coin, We are not buying at low but after the breakout.

Buy now : 19000

Stop loss : N/A , buy back : 14500

Targets
1: 25000
2: 34000
3 : 55000

Kommentar

Thought to update the chart clearly,

The coin took the support around 6500 for long time and bounced from that level. First resistance at 11000 was taken clearly.

Again it broke the resistance at 14500, and test it again. The strength is awesome, so thought to choose this coin.

It can be resisted around 27000 levels, once the big triangle is broken, I have much bigger targets for this coin.

ATH is 55000, long way to go.

Kommentar

I will add some more at 17200, good to get at cheap cost.

Kommentar

Here are the update friends,

Forming H & S, it may go to 18700 and bounce from that.

Kommentar

I know it is testing the patience. H&S neckline broken and it can head downwards.

But RSI is moving to overbought and trendline is a very good support. So price can test the trendline and bounce back.

Kommentare
manish05
Sir, I think RSI is moving to oversold and not overbought. Correct me if I'm wrong.
maheswar81
@manish05, oops you are right Manish. I get confused with that sometimes :)
ctealdi
"Address generation currently disabled for this coin." message in Bittrex, don't know if is't important.
maheswar81
@ctealdi, it is blocked for maintenance.
authentictimers
@maheswar81 It seems going down now. Do you think it's gonna continue downtrend?
maheswar81
@authentictimers, We have our buy back levels. please remember Coin wnot go up always.
maheswar81
@maheswar81,

3x is not one day target, it may take time from 10 days to 1 month or even 3 months to hit this target. Patience is the key.
authentictimers
@maheswar81, Got it. Thank for your guide. :D
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