CryptoKraze Technical Analysis
Possibility on Daily Chart
If you look at daily chart, you will see $ADX has formed a symmetrical triangle and likely to breakout. This is very common pattern in cryptocurrencies, whenever a coin makes this descending triangle, a breakout is imminent that might happen anytime soon. If we look at RSI, it has touched 70 level and has dipped below 50 level. It has to rise up to touch 70 level again.
- I have a buy entry at 0.00014000 with my profit target will be around 0.00025000 or above.
- Stop loss just below the entry area is must for trading if you don't know the Averaging Technique in Crypto Trading.
Crypto Trading is risky business and you can loss partial or full amount of money. Trade at your own risk with that money only you can afford to lose. Bitcoin unexpected move will make this analysis void.
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ADX is a smart platform built on top of Ethereum Smart Contracts. As an online advertiser I face issues like Fake Leads or Orders, Ads shown to irrelevant people, Heavy price to be paid for heavy traffic. Advertisers and Publishers are constantly looking for consumers to feed their Advertisements or offers. ADX will create a more secure, transparent and bid-based platforms for its users. Thanks for the perfect Analysis @cryptokraze. I know the chart has been volatile on daily basis but I think that this is very healthy for a coin of such backing.
I hope this will moon in 2018. For now, trading daily on this coin is beneficial rather than holding it for the long term because of the upward and downward trend.
Great Analysis
It will be good to see that cardano(ADA) going to blast any time from this support level.As the symmetrical triangle is perfectly form also the 14000 satoshi is great entry point because it is soo cheap now.Also ADA in USD value going to breakout
Thanks
Will everything be predicted on cryptocurrency thing? Hmm
success is always for you @crytocraze friends