Hey guys, JayWiseFree here! Spent the morning charting the support and resistance lines of AdEx, one of my favorite cryptos. I show on the chart my personal investments, and where my current profit line is, and where I'm looking to wait and hold out for further buy in before the market turns around. Please click on the link to view the chart and give me agrees! If you like my chart, please upvote my post, I highly appreciate the support.
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The following from my Trading View post - (https://www.tradingview.com/chart/ADXBTC/sk1LSutO-ADX-BTC-Support-Resistance-My-Journey/)
I've spent the day charting the support and resistance lines for AdEx. I've indicated where I've bought into the coin. Although normally I follow a doubling, tripling, or quadrupling up method on a market downturn, I digressed from my normal path here a bit, buying more at a higher price than normal for myself. I corrected, and am currently waiting to quadruple up at the bottom of the market depending on what it does. I believe the market might turn around when it hits this next support line, but trends seem to also show that the market as a whole is in a bearish downturn due to the looming forks and uncertainty surrounding BTC . This is an excellent time to wait, be patient, and QUADRUPLE DOWN on your investments! When the dust settles from the BTC hard fork , the alt coin markets will come surging back as all those money chasers look to double, triple, or quadruple their money! I personally will wait to see how low the market goes before maybe octopuling (real word?) up at the real bottom!