Adam and Eve Bottom/Reversal for Bitcoin
Updated
Last time I called an Adam and Eve Bottom was February 2019, that call worked out well. I'm seeing the same pattern play out now here.
Volume profile confirms A&E with large spike on the Adam, and fall off on the rounding of the Eve.
Breakout point/neckline is around $21,500, Measured move is around $26,500.
Good luck.
Volume profile confirms A&E with large spike on the Adam, and fall off on the rounding of the Eve.
Breakout point/neckline is around $21,500, Measured move is around $26,500.
Good luck.
Note
Resistance after measured move is around 28k, I'm looking for that resistance to turn to support to get long term bullish.
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