Adex is showing Bullish Divergence. Los Angeles 9:05 AM.
To confirm/predict an uptrend - Look for the Chikou Span -26 lagger (green) to cross the Kijun-sen 26 HL (red) and we can confirm/predict an uptrend before it starts happing in the price action.
- Adex found support near the 12k sat and looking to recover above the clouds.
- If RSI breaks 50, a new trend will start and above 60 for the bullish run.
- The price action is about to break the Kijun-sen and find support on the 26 day moving average.
- Bullish divergence shown on the macd.
- The yellow dot marks the area where Adex missed the run.
- Adex has a good setup for a big run with the accumulated strength & continuing bullish divergence.
To confirm/predict an uptrend - Look for the Chikou Span -26 lagger (green) to cross the Kijun-sen 26 HL (red) and we can confirm/predict an uptrend before it starts happing in the price action.
