BTC-ADX, breakout from trendline

8 Jul 2018

BTC-ADX: we have a breakout from trendline, and a touch on the original break-out level of last year's rally. We can see a sideways consolidation, a MACD divergence and a willy that is oversold that moved upwards. A small investment at the current levels could be made and take profits at 2x at half of the position, to break-even, and another one at 3x. Or just wait for a little bit more volume and structure and the next break from the trendline.