When you see a coin like this that has been flat for some time suddenly spike and make this kind of move. You need to pay close attention. It seems more and more likely that crypto has begin its bull market, catching up with Nasdaq and Gold.
This is just part of how capital flow and moves.
The confirmation comes move looking and analyzing thousands of coins that...
Long bullish set up with a great volumed white candlestick:
- MACD crossing bullish.
- RSI over resistance 46 area and supported on it.
- Stoch: Bullish divergence on oversold and getting out.
- ADX just diminished to sideways but growing again the distance between DI+ and DI-
- Breaking 55EMA (since long time ago) after a higher low happened.
LONG IT IS.
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...