AdEx (ADX) Breakout Target: $2.11

in #adex6 years ago (edited)

SUMMARY

AdEx (ADX/USD) chart shows a clear cut; a decisive breakout of price in an upwards direction. This is quite exciting because the start of a trend reversal is at hand. The ABC also terminated in close proximity to the apex of the downward pointing triangle.

The micro-Elliott Waves is placed using native Fibonacci zones and the target zone is around $2.11. Subsequent a minor correction (38% to 50% retrace of prior impulse); the second round of impulse subwaves are expected to compose the wave 3 up and that's when the bigger strength of this uptrend should start appearing.

Perhaps you can discern the fractal potential? The blue box encases a wedge triangle that borke out to all time highs in an impulsive manner. The similarity thus far of the price action inside the white box shows that it matches the blue box fractal quite closely. Let's see how high the price action in the coming days can take AdEx.

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EOS/USD
Breakout needed

BTS/USD
Looking Good

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Killer breakout now in the ADXBTC pair on Binance... Great call @haejin

Sorry for the slightly OT post. I wonder if you would help us with our effort against downvote abuse and bullies like you have experienced in the past. Please visit us in our discord channel https://discord.gg/ZVXCmcW

Nice job as always @haejin :) Could you check ADA? thanks

Thanks @haejin for taking your time and sharing your analysis, that Cryptomoneda ADX I do not have it yet in my portfolio I will keep it in mind for future investments

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