SUMMARY
NOTE: I know that the haters and trolls have been downvoting the comments. I see it and will be working towards upvoting to aid in recoveries. Please be patient.
As requested, AdEx/BTC is quite a speciment in pattern fractals. When three triangles are combined with a starter Cup & Handle pattern, there is quite a bullish potential. As the blue waves are impulsive and is now followed by a corrective a,b,c,d,e triangle; the waves 1,2,3,4,5 show a tentative pathway to a breakout. IF Bitcoin surges; then demand for ADX would have to surge in order to sustain a breakout scenario, lest it decline to a lower low. This condition is important to be met for ADX to continue rising.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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