Market Overview for AdEx/Bitcoin (ADXBTC) on 2025-10-14

• AdEx/Bitcoin (ADXBTC) traded in a tight range with minimal price movement, closing near the open at 8.8e-07.
• Key support appears to be holding at 8.8e-07, while resistance is near 9.2e-07.
• Volume spiked multiple times during the 24-hour period, with the largest spike at 224500.0.
• Price showed a slight bullish bias late in the session, reaching a high of 9.3e-07.
• Momentum indicators suggest a potential consolidation phase, with RSI near neutral.

The AdEx/Bitcoin (ADXBTC) pair opened at 8.9e-07 on 2025-10-13 at 12:00 ET and closed at 8.8e-07 on 2025-10-14 at the same time. The high and low of the 24-hour period were 9.3e-07 and 8.8e-07, respectively. The total volume traded was approximately 1,489,128.0 and notional turnover amounted to roughly 9.1e-07. The pair showed a bearish bias early on but later showed signs of consolidation with minor bullish attempts.

ADXBTC remained within a narrow range for most of the session, indicating a lack of strong directional bias. On the 15-minute chart, prices fluctuated between 8.8e-07 and 9.3e-07. The 20-period moving average was slightly above the 50-period line, suggesting a potential bearish bias in the shorter term. However, the 50-period moving average remained flat, indicating a potential pause in trend development.

The RSI (14) hovered around the 50 level, which is neutral, suggesting that momentum was neither bullish nor bearish in the short term. MACD showed a small positive bar, indicating a potential attempt to shift momentum to the bullish side. Bollinger Bands reflected moderate volatility, with prices bouncing between the upper and lower bands, suggesting a consolidation phase. No major Fibonacci retracement levels were broken during the session, reinforcing the idea of a range-bound market.

ADXBTC appears to be consolidating within a defined range. A break above 9.3e-07 could signal renewed bullish momentum, while a drop below 8.8e-07 may invite further bearish pressure. Investors should watch for confirmation of either breakout before committing to a directional trade.

Backtest Hypothesis

To proceed with the backtesting strategy, the current data suggests potential entries could be identified by the formation of a Bullish Engulfing pattern, a classic reversal signal. However, the current platform does not support ADXBTC for pattern detection. To continue, you may choose one of two options:

1. Manual Pattern Dates Supply
   If you can provide the dates when ADXBTC formed a Bullish Engulfing pattern between January 1, 2022, and October 14, 2025, we can directly integrate these into the backtesting engine for performance evaluation.

2. Switch to a Supported Ticker
   Alternatively, if the objective is to study a different asset (e.g., Addex Therapeutics on NASDAQ: ADXN), please specify, and we can rerun the pattern-detection process for that ticker.

Given the current ADXBTC data shows a slight bullish bias in late trading, integrating a Bullish Engulfing-based strategy would likely benefit from a confirmation of such a pattern. Once the signal dates are available or a supported ticker is selected, the backtest can be implemented efficiently.