$BTC Adam & Eve Formation Coupled with a iH&S Bottom
Updated
- The daily chart below is a line chart showing the price action over the past 3 months...It has the chance to form a Adam & Eve reversal bottom coupled with a iH&S reversal pattern that has formed over the last two months. A retest of the $3500-$3600 is likely and a very strong support zone.
- This is a possibility for a significant reversal pattern for the entire #crypto market.
- IF this formation does complete, I expect #BTC to retest the $5800 - 6k range... :)
- This is a possibility for a significant reversal pattern for the entire #crypto market.
- IF this formation does complete, I expect #BTC to retest the $5800 - 6k range... :)
Note
This formation played out well... $5000 has been touched so far...
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