#ADX MOVING CLOSELY TO ITS YEARLY LOW: WHAT'S NEXT?
If you're looking for an in-depth analysis of ADX, then, you're in the right place.
Here's why.
ADX has been moving closely to its yearly low and we are closely monitoring its reaction to the demands on these zones. It's trading today at a price of 0.1475 and the key levels 0.1284, 0.1147 & 0.1094 are key levels with extreme demands from buyers. Within these key levels more accumulation may likely occur. These tests that are currently happening on its major support will be considered its identification of proper foundation for its next market phase. Once these tests are done, its market structure will start its initial phase for a possible markup. A great rally will likely occur once everything is already prepared for this token. The best strategy to use is the art of patience.
Stay wise, trade cautiously.
