Long
Mis à jour

AdEx, LONG: Cup-And-Handle pattern, Possible 370% return!

1621
Hi everyone,

I believe AdEx might be going semi-parabolic soon. With the beta-version coming up (Januari 30), I think the coin will draw the attention of a lot of people, resulting in some money flowing in.
It has a relatively low market-cap ($162.705.395 USD, today) with a current price of 2.65$. I think the price might go up to the 9/10-$ range. (where it will have an estimated market-cap of ~($650.705.395). A very realistic market-cap, where it can (possibly) line up with some other semi-popular altcoins. IF those levels get reached, then the 10/15$-range is next.

First of all, a cup-and-handle pattern has been made, and a very hot one.

snapshot

Secondly, the resistance at ~2$ has been broken. I think prices are going to retest those levels, before bouncing back up. Making the ‘low-handle’, in the cup-and-handle pattern.

You don’t buy UNLESS there is a CLEAN H4-close ABOVE the GREEN trendline! This will be the indication that the tides have turned. Until that time, the market is in a corrective-phase and buying is stupid.

I think its going to make a ABC-correction to previous resistance, which is in the green-zone. Its (possibly) going to be around the 2$-levels. From there it will possibly start its rally. If it doesn’t make the pullback, but moves up and makes a H4-close above the green trendline, you can still buy.

- First target is around 6.5$
- Second target is around 9.5$

-- Adios
Transaction en cours
Im in!
Note
Might be breaking out soon: snapshot
Note
snapshot

Breakout! A close would mean more upside.
Note
Tested a resistance which held strong for 91 days as support: snapshot

Next target is the moon of the moon.
Note
Broke the last ATH, now accumulating: preparing a launce to planet Ad(s)Ex:

snapshot
Note
Give it some time ;)
Note
Waiting for this move: snapshot

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.