
So, I have found another interesting setup for this smaller coin called AdToken. It is another stochastic divergence and it does have a nice potential. Lets have a look at the daily chart:
Comment: First of all, have a look at the stochastic divergence. We had a higher high at the same time as we had a lower low on the price and right after we had a very nice turnaround.
Yesterday, we ended with a doji-hammer and today we have continued with a nice continuation candlestick and at the same time, we have broken out of the descending trendline.
In terms of potential, there is a possibility that we could reach 0,00002600 BTC and that would be a 4,5x return on investment. However, it could be much lower than that, but it is always nice to aim high right?
Here are some suggestions:
Entry: Before 0,00000620 BTC
Stop/Loss: Around 0,00000400 BTC
If you want to check out this coin on Bittrex you can do that right here:
https://bittrex.com/Market/Index?MarketName=BTC-ADT
Happy trading!
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bitcoin: 1My3kPtCkktWYFy1nNN8t6gtqbHzzE5kQN
Ethereum: 0xd8E920589a6cf9D4b32cA86B7D8D06fBdF1d786F
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