Cryptocurrency Q&A
What is a good ADX value?
What is a good ADX value?
Silvia
Mon Oct 28 2024
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6 answers
1020
I'm wondering about the ideal ADX value. I want to understand what constitutes a good or favorable ADX value in the context of technical analysis and trading.
6 answers
Silvia
Wed Oct 30 2024
The ADX indicator is a crucial tool for analyzing market trends.
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Michele
Wed Oct 30 2024
Values of the ADX indicator that exceed 60 are incredibly uncommon, as such high readings are indicative of extremely strong trends.
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CryptoProphet
Wed Oct 30 2024
An ADX value that falls below 20 suggests that the current trend is relatively weak.
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Sara
Wed Oct 30 2024
When the ADX value ranges between 20 and 40, it indicates that the trend is gaining strength and is considered robust.
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Isabella
Wed Oct 30 2024
An ADX value between 40 and 60 signifies an exceptionally powerful trend, suggesting significant momentum in the market.
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