✴️ Delysium Adam & Eve Bottom Pattern Complete
The Adam & Eve bottom formation is always followed by a "retest", this is the correction that you see happening after the strong bullish breakout on this chart.
We are looking at Delysium (AGIUSDT), let's go step by step.
The Adam & Even pattern starts with a pointed low followed by a rounded one, this pattern then leads to a bullish breakout.
This breakout does not lead immediately to a new bullish wave, instead, there is a correction as you see happening in this chart, all the red days after the high volume, and when the retest is over the new trend can develop.
Now we can say the pattern is complete.
In the coming days/weeks, we can see a fresh/new price increase.
Knowing this can also be helpful for those who day-trade; One can sell the initial reaction of the pattern, buy back lower and enjoy again the rise that comes next.
Thank you for reading.
Namaste.
We are looking at Delysium (AGIUSDT), let's go step by step.
The Adam & Even pattern starts with a pointed low followed by a rounded one, this pattern then leads to a bullish breakout.
This breakout does not lead immediately to a new bullish wave, instead, there is a correction as you see happening in this chart, all the red days after the high volume, and when the retest is over the new trend can develop.
Now we can say the pattern is complete.
In the coming days/weeks, we can see a fresh/new price increase.
Knowing this can also be helpful for those who day-trade; One can sell the initial reaction of the pattern, buy back lower and enjoy again the rise that comes next.
Thank you for reading.
Namaste.
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