AdEx (ADX) only found support at the August 2017 levels. That's a downtrend of 4 months.
In the cryptocurrency world, let's see, that's like 126 years, so it is definitely prime to take off.
You can buy ADX all the way to: 0.00009800 (which is very close to 0.000100 where we will find the first resistance point).
Anything below the buy-in point, is good to buy on this trade. Meaning, from above stop loss all the way to 0.00009800 is your "buy-in range".
You can set a stop-loss at: 0.00005499.
With those basis covered; The price at which you buy in, and the price at which you give up if the trade doesn't come to pass (stop-loss), we can look at our targets.
The targets is where we face STRONG resistance, those are the points where the sellers does not want us to move from. Ok, got it seller... So we join them, and we take profits, those are the levels we use to sell our coins.
You can try the following target poins:
(1) 0.000133 (2) 0.000212 (3) 0.000331 (4) 0.000492 (5) New ATH
That is all the information you need to make this a successful trade.
Now, let's chat a little bit... Allow me to entertain you.
Oh wait, I forgot what I had to say.
GOOD LUCK!
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Raise the stop loss 10% (0.00006000).
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I don't like to make predictions, because the charts doesn't give me that much information, at least not with my tools, but a member asked.
Strong movement may start in the next 2-5 days. Just, might...
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A clear uptrend, and the daily chart is becoming more bullish by the day.
1h chart:
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Hold your coins and remain calm, I will come with an update soon. For now, the only recommended action, is to hold.
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ADX Targets:
(1) 0.000133 *** TARGET REACHED *** (2) 0.000212 <<>> NEXT TARGET (3) 0.000331 (4) 0.000492 (5) New ATH
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I think the action is starting just now... Lots of potential. Congratulations to all those who held this coin.
1h chart:
Giao dịch đang hoạt động
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This trade remains active unless we hit our stop loss.
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We are in positive, green, waters and aiming for our second target. Set it and get it.
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I am opening a new 2nd position after the 2nd target was reached.
***ADX Targets:
(1) 0.000133 *** TARGET REACHED *** (2) 0.000212 *** TARGET REACHED On 27th December *** (3) 0.000331 *** Next Target *** (4) 0.000492 (5) New ATH
Giao dịch đang hoạt động
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We are really strong on this trade.
Congratulations to all those that believed, waited, decided to hold and are now taking huge profits.
This is a great trade. Thanks again for your support.
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We are still within an uptrend but now might be trading within a channel.
Consolidation/accumulation is needed for our next push. We are still in very good profits.
Daily charts with channels:
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I am holding this and every other trade. We are in a market wide correction, and for this we halted trading for a few days.
Bitcoin bounced from support and right now we are waiting to see if this support level will be re-tested.
We need to allow a few more days to know how things will turn out. To get better and stronger signals.
The altcoins are looking better now but still have a way to go. For now, we hold patiently. We hold strong.
P.S. Tomorrow we will have a better understanding as to where Bitcoin is going, but we will resume trading soon.
Thanks for your support. I love you!
Giao dịch được đóng thủ công
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Even after all the correction, ups and downs, price swings and more, we are still over 70% in profits.
Huge profits as well from when we reached our targets. Thanks for the continued support. Enjoy your profits.
I am closing this trade idea, any new updates will be posted in a new one.
The potential is still there. If you look at the chart, there is still plenty of more room for growth.
You can follow the same targets you see above, or wait until the new trade idea is posted. You can also sell for profits if so you wish.
Namaste.
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Update by request: AdEx is moving again. It now entered our old channel on the way up. It looks good in general but I rather wait after the correction is over to revisit this coin again.
The above instructions, and targets, can still work if you are still holding AdEx.
You arrived, seemingly from nowhere, the answer to our collective prayers.
You brought us gifts, you brought us knowledge and you brought us clarity.
To many, you've given untold wealth previously only glimpsed or long dreamed about.
There are so many gifts that make you special
it is little wonder you quickly became established as a 'top'' trader
Though this does not begin to describe the many complex layers
through which you communicate.
To those of us with eyes to see you are a bringer of light
and you come bearing untold gits
Forget the ways of those who play with judgement, sneer and snide,
If fear's their place, where they feel safe, don't join them where they hide
Never feel the need to justify or explain yourself to those who would project
onto you their own negative, limited view of the world.
Do not concern yourself with those who don't understand you
For there are way more of us who do
we bless the day you came into our lives
we thank you, we salute you
but most of all, WE bloody LOVE YOU!
AlanSantana
⋅
@matgavaghan, Amen / Namaste. I love you too. Thanks for the message.
Silvertails
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Sorry new here and trying to understand what is going on, for the most part seems basic to follow along, except... when target is reached do you continue to hold ? As in target is used as a gauge.. or do you sell at each target and rebuy in say 10% cheaper ? If the later, how much is it recommended to sell ? TIA
AlanSantana
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@Silvertails, You sell on target. You sell the amount you want to sell. You rebuy cheaper if you want to rebuy. That part is completely up to you.
The important part is to buy low and sell high.
1) Buy
2) Hold
3) Sell on target.
That's all.
smjnns123
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i have a beginners question. You give us targets to tell us when to sell a small portion of our initial trade? and wait for the next target to sell another portion?
orangegeorgelemon
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@smjnns123, It's up to you. You decide which target is right. You can take profit now or wait for more money ;)
You brought us gifts, you brought us knowledge and you brought us clarity.
To many, you've given untold wealth previously only glimpsed or long dreamed about.
There are so many gifts that make you special
it is little wonder you quickly became established as a 'top'' trader
Though this does not begin to describe the many complex layers
through which you communicate.
To those of us with eyes to see you are a bringer of light
and you come bearing untold gits
Forget the ways of those who play with judgement, sneer and snide,
If fear's their place, where they feel safe, don't join them where they hide
Never feel the need to justify or explain yourself to those who would project
onto you their own negative, limited view of the world.
Do not concern yourself with those who don't understand you
For there are way more of us who do
we bless the day you came into our lives
we thank you, we salute you
but most of all, WE bloody LOVE YOU!