ADX just broke out of a giant falling wedge and is about to start a new uptrend. A falling wedge indicates that the bears are trying to push the price down, but there aren't enough sellers. Without sellers to keep a lid on the price, the buyers takes over, and the price skyrockets. The same pattern is occurred with so many other small cap cryptos, and the price almost always goes up. In addition, both the RSI and MACD confirm this breakout.
The expected price increase is around 38k based off the opening of the wedge. That gives us a target of 44k, meaning we could potentially quadruple our money over the next few weeks.
The expected price increase is around 38k based off the opening of the wedge. That gives us a target of 44k, meaning we could potentially quadruple our money over the next few weeks.
