Adex - Cryptocurrency- Prediction for Today

in #cryptocurrency7 years ago

This is a little prediction based on my trading expereince . The coin Adex, which is a meduim volume cryptocoin traded mainly in Bittrex, holds an interesting and predictable swing .
You can see the coin price here
https://bittrex.com/Market/Index?MarketName=BTC-ADX
(The price on graph is relative to BTC . But an estimated USD value can be found on the righthand side )

I was trading this coin for past few days and it came quite profitable as it follows a swing that can be predicted.
For next 24 hours the lowest value is most probably going to be around 0.00022- 0.00024 BTC . The highest will be around 0.00026-0.00028. As the price goes down and reaches near 0.00024 BTC, keep watching and if the reversal happens and price starts climbing up for atleast 2 candles , it is an ideal time to buy. It is not adviced to hold the coin for long (Especially as the BTC price is not steady) . Sell it for 0.0002-0.0003 BTC, which will give you around 6-8% profit
(This is only a prediction and not a guarantee. The fluctuation in the cryptocurrency market need to be considered)

The volatality of the crytocurrency market can be a boon, if used wisely

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are you reading technical charts to find the que points to buy and sell, or some other method?

I look technical analysis for a guideline. But I developed a model based on the order volume (Which will work only for meduim volume coins meeting specific crieteria )

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