First let me lead this by saying that I am still a bitcoin bear. The trend is your friend, and the trend is down . Until we have confirmation of reversal, traders should be extremely wary of taking on long positions, especially with such low volume on most major exchanges. With that out of the way, it's also important to begin paying attention to possible...
$SALT appears to be in an Adam and Eve double bottom atm. $BTC is expected to drop in the coming days, so I'd expect $SALT to drop too before hitting upper channel with ease. Profits could be taken there, or it can be held longer for more gains in the coming months. Their credit card is set to launch on June 30th, so the upper hodl targets seem possible imo...
Stull hypothetical but with each 1 day candle that passes the eve bottom continues to fill out within the parameters. Here is a zoomed out view of what I think is a fractal repetition from the smaller one that formed back around september 15th of last year...the bullish volume spikes you'll notice from each one are very similar with the one this february being...
Really can't say much here on why this formation may take place. Mostly just a hunch, based on my perception of price action as of right now. The downtrend seems to level out as you would see in the Adam & Eve Double Bottom reversal. RSI is also gaining steam on the 1-day chart. If we drop below previous low of 6000, the formation is invalidated. If confirmed by...
BTC spend a lot of time to break below 6400, now it has a bounce back from the level, could not make it test previous low again (5900 area). The possible outcome could be an Adam and Eve pattern completion for the bulls. Good luck.
Double Bottom is real possibilité, just wait and see.
A fellow tradingview publisher by the handle of @BTCookieMonster (follow him and give his charts views and likes please) created a very nice chart hypothesizing an Adam and Eve Double Bottom which would result in a great uptrend. I totally agree with him and find that outcome highly probable but I think his adam and eve is really just Eve.....and That Adam is the...
Stellar could be forming an Adam & Eve reversal pattern here going into the 6H cloud. If completed, it could coincide with a kumo breakout which are both bullish signals. Look for an entry once the next couple days if this plays out.
Bottom pattern adam&eve to be confirmed at important resistance level. Needs to break 2500 sat with volume to be a confirmed bottom. weekly s3.amazonaws.com
Adam and Eve double bottom for Bitcoin looking more and more likely after a successful retest of the double bottom lows. Let's see if the volume continues to head back up and capital continues to re-enter the market.
Adam and Eve ate the Apple and the lady moon had called to take the lambo on the moon. Adam and Eve Bottoms www.chartsecret.com
These are a very nice couple for the bull. sites.google.com
I let the charts do the talking
buying this short squeeze, nice Adam and eve bottom. Neo is a really good chain, I see tons of potential. This is a typical outbreak pattern. I think neo breaks resistance at 31k with the momentum of this pattern.
After what seemed like an endless amount of downward momentum on ZEC, it might look like a bottom is finally in. It looks like an Adam Eve pattern might confirm once the horizontal trendline breaks, which would signal a possible reversal for the ZEC/BTC pair.