I am really curious whether this will work out. ADX has strong fundamentals. If price breaks through downward trendline and RSI, MACD confirms this can be a valid sign for a solid upward movement and completing Elliot wave 5. If price breaks down support line at 0.00225 new pattern may need to be seeked for. If upward movement develops profit may be taken at 0.0084 – 0.0094 levels. I will be watching price movement carefully and buy ADX for some ETH deposits if pattern progresses upwards.
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Price breaks down support level. Analysis fails. New opportunities will be assessed later. Self rating 4 of 5 as the analysis could help deciding whether to make an entry or not at these levels.