Hi all, Salt has been in a downtrend for a long time like most of the altcoins and price is a real bargain atm. It retraced all the way down and uptrend is ready to begin. Adam & Eve formation is about to be formed ( better on dailiy chart ) and there is a golden cross on 4h. Volume increase is also seems great.
The potentiel of Adam and Eve double bottom pattern continues.
Adam and Eve double bottom formed and has just confirmed. Also some solid fundamentals - www.reddit.com Buy - 0.00016500 - 0.00017500 Target 1 - 0.00018800 Target 2 - 0.00020000 Target 3 - 0.00023000 Target 4- 0.00033000 Stop loss - 0.00016000
Adam and Eve pattern shown Shouldn't take long position until neckline is cleared. High-performing bullish pattern stop loss under neckline once entered Target matches w/ local top/resistance area and fibs
Not unexpected the great bullish price action I woke up to this morning but still a great feeling to finally see the breakout from the falling wedge I had been expecting finally triggered. What's more than that, if you look at the bpottom wick of the current day candle you will see it bounced upward off of the eve bottom that I have laid out precisely, further...
First let me lead this by saying that I am still a bitcoin bear. The trend is your friend, and the trend is down . Until we have confirmation of reversal, traders should be extremely wary of taking on long positions, especially with such low volume on most major exchanges. With that out of the way, it's also important to begin paying attention to possible...
$SALT appears to be in an Adam and Eve double bottom atm. $BTC is expected to drop in the coming days, so I'd expect $SALT to drop too before hitting upper channel with ease. Profits could be taken there, or it can be held longer for more gains in the coming months. Their credit card is set to launch on June 30th, so the upper hodl targets seem possible imo...
Stull hypothetical but with each 1 day candle that passes the eve bottom continues to fill out within the parameters. Here is a zoomed out view of what I think is a fractal repetition from the smaller one that formed back around september 15th of last year...the bullish volume spikes you'll notice from each one are very similar with the one this february being...
Really can't say much here on why this formation may take place. Mostly just a hunch, based on my perception of price action as of right now. The downtrend seems to level out as you would see in the Adam & Eve Double Bottom reversal. RSI is also gaining steam on the 1-day chart. If we drop below previous low of 6000, the formation is invalidated. If confirmed by...
BTC spend a lot of time to break below 6400, now it has a bounce back from the level, could not make it test previous low again (5900 area). The possible outcome could be an Adam and Eve pattern completion for the bulls. Good luck.
Double Bottom is real possibilité, just wait and see.
here we have on the 1 day chart, back on a very important day in bitcoin(September 15th, 2017), something extremely worth noting the importance of. You can see where I've circled on the volume chart the tall green bar for that day...this green bar just so happened to be the biggest bull volume swell of the entire year of 2017 and it was exactly 3 months later on...
Hi all just wanted to gie you an idea of what to watch for if this bigger Adam and Eve double bottom is valid. If it is the size I'm projecting, then the bottom is likely already in at $6420 back on Easter(aka Jesus' resurrection and possibly btc's resurrection?) so far we have just established a higher low on the 4hr chart after the higher high we had of 7500 so...
A fellow tradingview publisher by the handle of @BTCookieMonster (follow him and give his charts views and likes please) created a very nice chart hypothesizing an Adam and Eve Double Bottom which would result in a great uptrend. I totally agree with him and find that outcome highly probable but I think his adam and eve is really just Eve.....and That Adam is the...
Stellar could be forming an Adam & Eve reversal pattern here going into the 6H cloud. If completed, it could coincide with a kumo breakout which are both bullish signals. Look for an entry once the next couple days if this plays out.
Bottom pattern adam&eve to be confirmed at important resistance level. Needs to break 2500 sat with volume to be a confirmed bottom. weekly s3.amazonaws.com
Adam and Eve double bottom for Bitcoin looking more and more likely after a successful retest of the double bottom lows. Let's see if the volume continues to head back up and capital continues to re-enter the market.