Wait for Confirmation on Adam and Eve bottom
I have seen a few people calling Adam and Eve formation on BTC. I set some thoughts based on the great chart pattern guru Thomas Bulkowski.
His advice on trading these patterns is to: "Wait for confirmation -- price to close above the peak between the valleys. If you don't wait, there's a 64% chance that price will continue lower without confirming the double bottom."
His advice on trading these patterns is to: "Wait for confirmation -- price to close above the peak between the valleys. If you don't wait, there's a 64% chance that price will continue lower without confirming the double bottom."
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.