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ADX - RISING WEDGE PATTERN / DECREASE AHEAD?!

By thomasfar6
ADX has recently seen an increase along with all of the altcoins, the price has now formed a rising wedge pattern which is indicated an upcoming bearish trend, we can expect this currency to correct to the secondary support line is the wedge is broken downwards, it would then be a good time to accumulate theirs.

  • MACD confirms a bearish trend.
  • RSI has a lot of space for downwards movement.


  • Orange - Resistance.
  • Pink - Support.
ADXADXBTCadxusdALTBeyond Technical AnalysiscryptocryptocoinCryptocurrencycryptotradercryptotradingTrend Analysis
thomasfar6

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