Previosly I had explained What is The ADX/DMS tool of Bittrex is ?
You can find it here. ADX/DMX tools of Bittrex 1
Coin : Mona Coin
Platform : Bittrex
Algorithm : ADX/DMS
Setting: Period 14 days
Just as I suspected in the previous Post about monacoin.It has broken the support 1 region and heading towards support 2 region . So, basically, _DI >+DI, there is an indication of downtrend AND a possible collapse to support 3. Final support in Today's graph figure . The possibility of testing support 3 is high. I suspect that support 2 might not be able to survive!
Hoverer , due to trend, The support (final supports) will be very strong and I suspect that there will be
A strong uptrend once it touches the final support .
