AdEx (ADX) Above MA200 and EMA50... What Does It Mean?

22 בנוב׳ 2020

When you see a trading pair, altcoins, above EMA50 and MA200, this means that the bulls are in control.

As long as prices stay above these two lines, we can expect a massive jump.

But, please remember that charts are always changing and can always change...

If prices move and close below MA200, the bullish bias can be lost.

The market is dynamic, we adapt and act based on what is happening... We do not care about predictions, we simply trade based on what is going on.

Namaste.