It starts with A and it finishes with X - ADX is warming up!ADX is looking really good, and, for me it seems that is warming up for a run! Let's go directly to the action and take a look at this chart!
· as you can see there is a harmonic pattern forming ( three drives pattern)
· MACD and RSI are bullish
· we have a divergence
· there is a W on a daily chart(1D) and if you put on a weekly chart (1W), you will see that another w is forming ( a very strong signal)
· now we are trading between 100 and 200 moving averages
Trade: ADX/BTC
Buy: 2750-2850
Targerts:
1. 3450 ( main target for short term, 0,618 fib level )
2. 3866
3. 4397
Stop loss: below 2503
Disclaimer :
My ideas are never financial/invest advice! For a favorable outcome, make your own research!
Don't forget it's all about patience and positive thinking!
Feel free to share your thoughts on the comment section below.
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