Adam & Eve Bottom - Do we continue lower?For the first time we are starting to see some signs of sellers getting exhausted and bulls starting to add pressure. Some are calling for a possible "Adam & Eve Bottom" - but where is all the volume? The new money? adoption!
With the small size and relative lack of liquidity in the BTC market - it can be easily manipulated by insider trading desks at exchanges, "whales", or supposed institutional players like Bakkt, CME, etc..
But what is the reality?
Bitcoin can go to zero.
Right now a vast majority of the coins, 11 of the 18 million in supply are being HODL'd hard and have not moved since 2014..
Adam
LONG - SONM - Trading OpportunityAdam & Eve pattern, this rounded bottom looks done and safe enough to jump in.
Entry: 0.00000215
Target 1: 0.00000236
Target 2: 0.00000258
Target 3: 0.00000284
SL: 0.00000201
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LONG - WAN- Trading OpportunityBottom of an Adam & Eve pattern, the volume has settled and looks ready for the next leg up.
Entry: 0.00002532
TP 1: 0.00002728
TP 2: 0.00002952
TP 3: 0.00003300
SL: 0.00002374
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BTC (Y19.P2.E5).Adam.Eve.Accumulation phaseThis feels like a miniature version to the December\January period where we had the Adam and Eve playout (where the bottom was set) which turned to be the accumulation period.
I feel strongly that this is the same, not just because of this forming pattern but because of the following:
a) Macro level - the 30% bounce off the 0.618 fib retracement
b) The accumulation and defending of 9k. Every time it went below, it was bought up\swallowed. Then it was 9050, 9100, 9200 and now here.
c) My fib.circle and fib. channels help support this evidence > refer to my past posts.
12 K is the ultimate target for this year and slowly we will transition to another phase 2 were we will experience another parabolic curve, but that won't be the major one.
We have the major after that.
Give us a thumbs up or like if you agree or like to help support such ideas, as we all benefit.
Cheers
S.Sari \CryptoProspa
LONG - BTC - Adam&EveDouble bottom Adam&Eve in play with a nice r/r, the volume is starting to pick up and with some time we'll break this upwards.
Entry: 9091
TP 1: 9438
TP 2: 9771
TP 3: 10402
TP 4: 10761
SL: 8909
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CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
#bitcoin - Hitting Apex, "Adam and Eve"?Good morning,
"someone" had something against the breakdown of this major symmetrical triangle and pushed the price up to the very important Apex Median of this big symmetrical triangle, that still looks very valid.
Especially after the last two spot landings on the ascending support and the reversal, the triangle looks strong. This means nothing else, then: Any break-up or down can be violent and volatile and bound to a major increase in volume.
Also, referring to the last bottom we have seen within this triangle, there is the possibility we are just witnessing another Adam and Eve bottom. The neckline is the Monthly Pivot.
I am really looking forward to the results of this entire situation around Bitcoin.
Major resistance: $10800
Major support: around $9900
___________________________
Warm regards,
Neru
BNB ADAM EVE PATTERNADAM EVE Pattern is almost going down be careful / Adam Eve pattern görünüyor. Dikkat etmenizde fayda bulunmaktadir.
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Sosyal medyadan da takip edebilirsiniz. / Lutfen begen butonuna basiniz ve takip ediniz.
Adam & Eve Backtest in process? Many chartist have speculated on the Adam & Eve bottom pattern... right now the market appears to be back testing the breakout levels of the pattern... IF it holds here above 10600 then the pattern should follow through and give us the juice to bounce out of the descending channel... HOWEVER we risk a much deeper pull back if the pattern fails and a decline to previous support around 8100 level could be tested.
#bitcoin - Bullish "Symmetrical Triangle" on 240Good morning guys,
Bitcoin is still forming the symmetric triangle on H4, which naturally has better odds to break upwards, than downwards. The targets of this symmetric triangle are similar to the max-targets of the older bullish Adam & Eve to the top and if we break this down (possibly after a false break-out) our main target would be around $10750. You would be able to see false & valid break-outs in either direction when the red marked levels on top and below the symmetric triangles are broken or declined.
Generally, this is a bullish setup, saying that Bitcoin is very famous for its surprises, thinking about possible stop-runs after break-out.
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Warm redards,
Neru
#cardano #adausdt - Failing the bullish reversalWith altcoins bleeding a lot recently, also Cardano, for now, failed to hold above the breakdown-level and is currently testing it from below. From now on we need to watch out more for a break of the 6h-Diagonal than for a potential double-bottom reversal: ADA has more down-potential until the next historical support/accumulation zone. It will be hard for ADA to turn this picture with still rising BTC Dominance.
As usual, I marked you the significant prices and also the important Pivot-Levels.
__________________________
Warm regards,
Neru
Bitcoin // Possible Adam + Eve Hello,
Beginning with the 1D chart on CME we can see the birth of Adam and Eve taking place. At the same time we can see a shooting star ready to be confirmed. This points to the possibility of printing a handle for A+E. Also a cross between the 8D MA and 21D MA is about to occur.
Below it, we find a gap. Although I believe we shouldn't wait for a gap to be filled, we can find support near it if we get a short-term dip. Or break in and fill it. A daily close below the gap can null the pattern and a triple bottom can occur, although I don't expect that to be the case. If Adam and Eve gets invalidated, a bounce at the bottom of the bull flag is highly possible.
Above it, we can confirm the pattern and continue the run above the bull flag to a target of $13,900 and beyond.
- B
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