Nice bottom consolidation forming an Adam&Eve, expecting something close the previous high. Entry: 0.00002523 TP 1: 0.00002797 TP 2: 0.00003067 TP 3: 0.00003689 SL: 0.00002378 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of...
My Crude Oil Trading Strategy: Sell the throwbacks Lack of demand. The slowdown in global economies. If there is no demand, the supply part of the game loses its importance. Even the drone attack on Aramco facilities could not send the prices above 63$. Trade talk optimism and tanker attack helps Oil prices to recover near term – Just a technical...
Good morning, "someone" had something against the breakdown of this major symmetrical triangle and pushed the price up to the very important Apex Median of this big symmetrical triangle, that still looks very valid. Especially after the last two spot landings on the ascending support and the reversal, the triangle looks strong. This means nothing else, then: Any...
Many chartist have speculated on the Adam & Eve bottom pattern... right now the market appears to be back testing the breakout levels of the pattern... IF it holds here above 10600 then the pattern should follow through and give us the juice to bounce out of the descending channel... HOWEVER we risk a much deeper pull back if the pattern fails and a decline to...
A perfect retest for the Adam and Eve pattern.
Good morning guys, Bitcoin is still forming the symmetric triangle on H4, which naturally has better odds to break upwards, than downwards. The targets of this symmetric triangle are similar to the max-targets of the older bullish Adam & Eve to the top and if we break this down (possibly after a false break-out) our main target would be around $10750. You would...
the way all these bullish patterns( from various time frames) are currently clustered together if one triggers it will probably set off a chain reaction that triggers them all. . .there's a 5th pattern that it could lead to i triggering too on the weekly chart. A weekly cup and handle that's harder to identify on this chart unless you zoom it out and/or switch to...
BTT has a long bullish divergence that has dragged us and brought the price action in a channel where no matter what is going to go over the Ichimoku cloud as EMA200 is madly in love with the price action. this is for Greg, he loves BTT, let's see if BTT loves him back!
The Rsi will soon to go over 83.45. EMA 200 is the support and we are out of the Ichimoku cloud with legging span over the cloud giving it a parabolic behavior. the diagonal resistance since the 26th of June and 10th of July has been broken. Cheers.
With Bitcoin being undecided, I am not surprised Cardano is forming something bullish at this point. We have the possibility here to see the low of a Double-Bottom or maybe also an Adam & Eve. It is a little early to say, but in case this is becoming an option, the gains are decent, even if you are rightfully waiting for a break-out. The trading & accumulation...
Taking into consideration, that Bitcoin is undecided where to go and receiving many different signals that are equal for bears and bulls, I am not trading right now. This is another "Pause" that will likely lead to a bigger move, both sides have been rejected with a slight tendency upwards last night. As I said before, the H6-Diagonal could end this bull-move...
I am not convinced that we go down from here. I know many are calling the $8k again, but I would really be careful with shorting into this. This construct that we see here, looks at the moment more like a temporary retrace to satisfy profits and short scalpers, this does not look like a typical local high. The old A&E max-neckline was accepted as support and we...
For anyone interested in chart patterns there's a pretty decent looking Adam & Eve formation happening on the BTC/USD chart. Currently at resistance around 10.8k waiting for a strong move up to confirm the pattern. Expect price to make it to 11.5-11.8k region and with enough profit taking to bring price back down to test the horizontal resistance at 10.8k and into...
After every single diagonal trendline resistance has been broken with no effort thanks to the Adam & Eve bullishness, the price just hits the last trendline resistance, that could end the A&E play-offs pre-mature, although Bitcoin looks very strong and I don´t really see why we should end this before max-targets. None of us knows currently, where the shorters will...
Good morning, traders. Bitcoin has continued pushing higher this past weekend, ultimately marking $11860 on Coinbase before stalling out in supply. This is also the flag resistance and the median of the Andrews Pitchfork pulled from the July 17th swing low, July 20th swing high, and July 28th swing low. A pullback at this point shouldn't surprise anyone, but if we...
I'm not the first to post this (@IAmSatoshi was the first I saw). A break of 11k confirms the A&E and sets the target to 13k. Still has to deal with 10.6k tho, which should give us some hints about how serious BTC is about this breakout. First support 10.2k.