Gold has reached its resistance 1303 and will correct again to the yellow box area.
This pattern doesn't appear often because stop runs make uneven bottoms or because a higher low rather than equal bottoms is much more attractive as far as cups going ups is concerned. Quite the price point to be at. There is a chance that a failed breakout will mean new lows, which is dangerous for Ethereum if its $100 psychological support is not held...
Good morning, traders. Bitcoin showed some bullishness overnight which shouldn't have surprised anyone. Looking at the 1D, we can see bullish divergence printed in RSI between 11/24 and 11/26-11/27. This has led to almost the largest daily move up since July. A few hundred more dollars of appreciation before the daily close would cement this. The question now is...
This looks like an Adam & Eve double bottom to me. If it cracks $120 and the pattern confirms, we can expect a push to around $140 on the breakout.
This is the setup I am currently watching. If this is the pattern then start laddering long orders 1008 to 1020 Stop Loss 998
Most of the alts are forming Adam & Eve pattern as XBTUSD keeps holding and pumping, alts will keep pumping for a few hours (maybe days), ZILBTC is among those alts. We have 2 types of play, choose the one that fits your trading style. Conservative play: wait for re-test of Tenka on regular ichimoku settings Entries: 0.00000635 Target 1: 0.00000741 Target 2:...
Hello and welcome to my first demanding and challenging prediction :) I will talk about two scenarios... It seems to me that Adam and Eve formation is to be followed after the confirmation at the 9200 level. From now on, we can expect a handle form between 11500-11800; And then, a strong upward movement is expected. If it breaks the resistance (the handle form)...
We have both bullish pattern here. Cup and Handle and double bottom, A good opportunity to buy long term.
We have a formation bullish pattern double bottom name "Adam and Eve" You can to see this pattern here : s19.postimg.cc So for the aggressive trader, you can long now, and the others just to wait the break out to take long and aim 12/13$
Safe entry would be waiting for the breakout and buy at the re-test.
Just like many other alts, NEO formed an Adam & Eve as well. Seeing this reversal formation in almost all the alts means that Bull Season is on. NEO Target: 0.0111 BTC. Not an investment advice. Please DYOR.
LTC on the 3 day chart looks as though an Adam and Eve scenario could happen.
Hey everyone! I've really been enjoying creating charts here, lately i've had lot of luck using trendlines, fibonacci levels, patterns, etc when it comes to crypto. Posting my charts helps me to be more accurate by explaining stuff out. So if you've got some alternate chart layouts or different TA methods, comment below! So BTC here.. In my BTC post from a week...
The potentiel of Adam and Eve double bottom pattern continues.
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
Continuing my early morning chart pattern studies... Is EthLend forming a Cup and Handle... or possibly are we seeing an Adam and Eve Bottom? Maybe it's neither of these, and watching what happens could help us learn about these pattern formations.
We could be looking at a Ripple reversal here with a nicely formed Adam & Eve pattern into the 4H cloud. A tenkan-kijun cross here would also help confirm this bullish reversal, so watch for that. Conservative target rests at 2150 using the flat top of the cloud, with a more ambitious target of 3150 through the support/resistance zone of 2500-2900.