ADX - Inside Falling Wedge heading towards support-lines
ADX is currently inside a big walling wedge, heading towards support zones.
Support zones:
At bottom of the wedge : 8300-8500 Sat
At first support line : 7500 Sat
At second support line: 5500 Sat
Lowest: Around 3800Sat
Lot of volume will flow back after BTC-Fork is completed
- MACD and RSI showing downwards on the daily and 4h chart (-)
- Prototype release could not been released in oct. (-)
- Volume decreased, lot of money pulled out caused by BTC fork and bad news
Support zones:
At bottom of the wedge : 8300-8500 Sat
At first support line : 7500 Sat
At second support line: 5500 Sat
Lowest: Around 3800Sat
Lot of volume will flow back after BTC-Fork is completed
Yorum:
Currently positiv breakout of the falling wedge