Adex/BTC Chart Analysis
Adex/ BTC chart Analysis:
Adex brokes its support at around 14000 sat
and trending down. Adex has a major major support
at around 4500 sat. So we can expect it to bounce
back from that support in case it falls below 5000 sat.
Therefore in our BUY ZONE we have higher probability
of making profit right now. Below are the two cases,
1. Adex fall below 5000 : We can short adex on its first
bounce from the major support. We may loose our fees at max.
2. Adex finds volume and jumps to .618 fib line.
This give us 100% profit on this Short trade.
Adex brokes its support at around 14000 sat
and trending down. Adex has a major major support
at around 4500 sat. So we can expect it to bounce
back from that support in case it falls below 5000 sat.
Therefore in our BUY ZONE we have higher probability
of making profit right now. Below are the two cases,
1. Adex fall below 5000 : We can short adex on its first
bounce from the major support. We may loose our fees at max.
2. Adex finds volume and jumps to .618 fib line.
This give us 100% profit on this Short trade.
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