P rice action is still stuck inside the 4hr charts rising wedge(in blue) and judging by how strong its top trendline's resistance is, plud the crazy coincidence of where the rising wedges trajectory crosses paths with the eve bottom trendline(in pink)'s trajectory, we have very high probability of being stuck inside this wedge all the way up the double bottom...
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BTC shows the same pattern from October 2017, also the stoch RSI signals a strong support which will very likely break the major downtrend at around $8500 and end the bear market! If it touches the A&E neckline we have a confirmation and can expect BTC back in the $15000 range. But I expect that it will fall down to $8000 first in the next couple of hours which...
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.
litecoin/usd - wave analysis and adam&eve double bottom pattern 1 hour- 4 hour and daily graphics
Buy or hodl, we are going up! 9400 major resistance, 11k confirms uptrend
Hi guys, Adam & Eve double bottom on the hour-chart for LTCUSD. Just wait the confirmation. We are also in an ascending triangle and RSI shows a hidden bullish divergence. First support is $157 where we had a rejection yesterday. Then, we could reach $162 if the double bottom doesn't fail. Have a nice day !
Bitcoin is making an Adam and Eve Double bottom which can be read about here thepatternsite.com . This is just about our last hope of bitcoin recovering in the short term, if this pattern fails, It will strengthen my belief that the cartel exists and is in-fact suppressing the price of bitcoin through the use of futures markets. This can be read about here...
We are only two successful patterns from 17k!! In the next week: First, I expect a rejection to retest today's log breakout: 9000 is a strong resistance for 3 reasons: - Round number effect - Fib 0.5 will encourage shorts - On level of March 22nd high. There were very strong bullish signs in the last week, and we can expect a battle for control at...
What if we were seeing an Adam and Eve Pattern forming on the Daily BTC. We saw this similar pattern in the 4hr hour breakout from 6.4 to 7.8k. There is a lot of resistance I know () but this could be a possibility if we break ~9.5k.
My last BTC post mentioned the running triangle formation signalling continuation just after price rocketed upward on 4/12. That continuation eventually reversed at the dark red resistance line. I've noticed the same running triangle pattern may be forming on the larger consolidation we're going through right now. FRACTALS! Just for education purposes, the...
LTC on the 3 day chart looks as though an Adam and Eve scenario could happen.
WABI/BTC formed an Adam & Even double bottom and broke out. It's currently facing resistance on the 0.786 Fib retracement level from its ATH. If it breaks that level, we might see it rise until 0.618 Fib level at around 20k sats.
LTC has broken the downtrend channel, and almost formed an Adam&Eve (or you can say another type of double bottom). If formation completes, the target would be 0.0205 BTC. On the other hand, while most of the alts jumped up, LTC hasn't moved its play yet. Therefore we may see a bigger move. Not an investment advice, please do your own research.
So many reasons to be bullish right now. First and foremost, is the current bull flag we have been forming on the 1day chart. 2nd is that the projected trajectory of the eve trendline's ascending curve(in pink) continues to be validated. Third, we still haven't reached the projected breakout target of the descending triangle we broke out of(in purple) and we also...
6K Bottom was nice Vshape 6.5K grind was slightly less deep but much longer time spent. Handle is forming now? I think if it is the next move is most likely UP in dramatic fashion. I set it to the Order blocks we I believe we will have hardest time to overcome near 9700-9800.
A lowly long term bull in a forest of aggressive short term bears. Levels, confluence, pattern rec. thepatternsite.com Adam & Eve Double Bottoms Overview Adam is a term that describes how the bottom looks, in this case, a narrow, pointed bottom, perhaps with a one-day downward spike. Eve bottoms are more rounded looking and wider. If they have spikes, they...