See my work over at Steemit: https://steemit.com/@freeforever
It was a really interesting day for AdToken. When I woke up, it was up 30% against bitcoin and I noticed that it had been even higher a couple of hours prior to that. Here is the daily chart:
Comment: AdToken was actually up 60% against bitcoin at the daily high but it did not manage to hold it. Despite that, Im still more bullish than bearish. We are above one important trendline as you can see in the chart and if we can close above that trendline today, that would make me hold this coin longer.
We also have some important moving averages right above the current price and we obviously need to smash through them as well.
Now, the big thing today was the volume. It was the highest ever for this young coin and that is important, that means that a lot of buyers stepped in and in addition to that the stochastic is only at around 40 so there is a lot of room left to the upside.
Thats all for now, I will follow up tomorrow on OKCash.
Happy trading!
——————————————————————————————————
Donate To Me If You Like My Work
bitcoin: 1My3kPtCkktWYFy1nNN8t6gtqbHzzE5kQN
Ethereum: 0xd8E920589a6cf9D4b32cA86B7D8D06fBdF1d786F
——————————————————————————————————
