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How to Adam & Eve PatternEver wondered about Adam and Eve in trading? It's a straightforward and powerful pattern. Hello dear traders! If you like my graphics, please use Like button 💙💛 Picture Adam as the first market peak or dip, and Eve as the second, forming a U-shape. This pattern highlights a robust price level, suggesting a potential market shift. How to Utilize It? In a downtrend, spot Adam and Eve as double bottoms. When Eve follows Adam, indicating a strong support level, consider entering trades. Trade when the price breaks above resistance line, with a stop loss set at the neckline level. Pay attention to trading volumes. They confirm buying or selling strength, offering a clear signal for a trend reversal. Finding Your Target: Identify the pattern's height from the neckline to the peak of Eve. Project this distance downward from the breakout point for a bullish pattern or upward for a bearish one. This gives you a potential target for your trade. Here is an example of Adam & Eve pattern play on Bitcoin chart: Master the Adam and Eve pattern to make confident trading decisions. It's an intuitive way to identify market change in trend and make strategic moves. 📈✨
INDEX:BTCUSDEducation
by ArShevelev
9
SOL - Adam & Eve Double Bottom Confirming Overall performance rank (1 is best): 17 out of 39 Break even failure rate: 12% Average rise: 43% Throwback rate: 67% Percentage meeting price target: 69% The Adam & Eve double bottom pattern is a bullish reversal pattern that has been identified on the SOL Intraday price charts. Initially, SOL experienced a sharp decline from $180 to $155, forming the 'Adam' part of the pattern. This was followed by a more gradual, rounded decline over the next 10 days, forming the 'Eve' part of the pattern. This pattern suggests a potential reversal from the previous downtrend. Potential Market Implications The resistance level at $155 is pivotal for SOL's short-term price movement. A breakout above this level could confirm the bullish reversal indicated by the Adam & Eve pattern, potentially leading to a price target of $186. Statistical analysis suggests a 69% probability of reaching this target upon successful breakout. Strategic Considerations Investors and traders should consider the breakout above the $155 resistance level as a key signal for potential entry. It is advisable to wait for confirmation of the breakout before making any trading decisions. As always, it is important to consider other market factors and conduct a comprehensive analysis before entering any positions. Adam & Eve Trading Tips 1. Measure Rule Calculation: - Identify the highest peak (A) and the lowest valley (B) within the Adam & Eve double bottom pattern. - Calculate the height difference between point A and B. - Multiply this height by the 'percentage meeting price target.' - Add the result to the breakout price at point A to determine the price target (C). 2. Price Reversal Requirement: - Ensure there's a significant decline leading to the double bottom; minor declines typically result in minor rises. 3. Big W Pattern: - Favor double bottom patterns with a steep, tall left side (Adam) and minimal price consolidations during the decline. - Anticipate the price to rebound close to the level where the downtrend initiated. 4. Confirmation Necessity: - Wait for the price to close above the peak between the two bottoms for confirmation. - Without confirmation, there's a 48% chance the price will continue to decline. 5. Handle Formation: - After confirmation, watch for price fluctuations forming a 'handle.' - A breakout from this handle typically signals a strong upward trend. 6. Flat Base Indicator: - A significant rise is likely if the double bottom follows a long, flat base. - Use weekly charts to identify the flat base, resembling a pothole on a road. 7. Trend Impact: - Double bottoms following a short-term decline tend to perform best post-breakout. 8. Proximity to Yearly High: - Patterns showing breakouts within a third of the yearly high exhibit the best performance. 9. Volume Trend: - A declining volume trend leading up to the breakout suggests favorable post-breakout performance. 10. Throwbacks Warning: - Be cautious of throwbacks after the breakout, as they can negatively impact post-breakout performance. Conclusion The Adam & Eve double bottom pattern observed on the SOL chart indicates a potential bullish reversal. The upcoming resistance level at $155 is critical, and a breakout above this level could signal a significant upward movement for SOL. Investors and traders should monitor these developments closely and plan their strategies accordingly. ---------------------------------------------------------
Long
by TraderE9
Bitcoin On The Way To 180K!!!Hi. COINEX:BTCUSDT 😊Today, I want to analyze BTC for you in a WEEKLY time frame so that we can have a Mid-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️As you can see, BTC is completed this pattern, and if it follows this pattern Price can grow a lot. ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. -BTC has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pattern is Visible on The chart! -AB=CD Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:BTCUSDLong
by CobraVanguard
2
ANKR can ascend further ! What Shall we Expect ?Hi. BINANCE:ANKRUSDT ✅Today, I want to analyze ANKR for you in a WEEKLY time frame so that we can have a mid-term view of ANKR regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). We have a Bullish Structure here: Adam & Eve pattern is completed and broken. Looking for a breakout and rally📈 ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Adam & Eve pattern. 🟢 AB=CD. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
FILECOIN can ascend further ! What Shall we Expect ?Hi. COINEX:FILUSDT ✅Today, I want to analyze FIL for you in a 3D time frame so that we can have a mid-term view of FIL regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). We have a Bullish Structure here Adam & Eve pattern is completed and now we testing the resistance cluster of Descending Resistance + A&E neckline + 11$ Key Zone☝️ Looking for a breakout and rally📈 ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Adam & Eve pattern. 🟢 AB=CD. 🟢679 Days of accumulating inside of Adam & Eve. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change.. . The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
4
Uniswap triggering an Adam & Eve Double bottom inside another 1We can see here on the weekly how UNIUSd has formed a nice Adam & Eve double bottom (illustrated in the yellowish chartreuse color). We can also see how inside that double bottom we have formed a smaller fractal version of the Adam & Eve double bottom as well (shown here illustrated in pink). To make sure I covered all bases, I also included a the more common horizontal double bottom possibility as well shown here illustrated in a light grayish blue color. First and foremost the pink Adam & eve fractal has already validated its breakout and in doing so has brought us above the neckline of the largest double bottom pattern as well. I get the feeling that all 3 of these overlapping double bottom patterns are valid and will be validated. If so I will keep you updated as each of the 3 targets get hit. *not financial advice*
COINBASE:UNIUSD
by DrDovetail
ARK ADAM AND EVE PATTERN: CURRENTLY ON A CRITICAL KEY LEVEL In this chart of BINANCE:ARKUSDT , the coin is forming an Adam and Eve pattern looking at the historical movements, the coin is in a downtrend, and the market is indicating a bullish reversal for ARK. Currently, the coin is on consolidation around the pattern neckline area. It is a waiting game for the coin and in order for the pattern to materialize, we need to see a convincing confirmation of a breakout on the neckline on an hourly basis. I'll provide updates on the comment thread for more detailed technical analysis. Stay safe and happy trading!
Long
by luigi360swirl
4
An FOMC bull run could setup a giant Adam & Eve Pattern FOMC could lead to a strong bull run. This scenario would line up well with the Fed's schedule for rate hikes and cuts. The most bullish scenarios now have us with a 5% terminal rate by about April, then no rate cuts until late Q4 2023 to Q1 2024. This long plateau is typically when markets have peaked in the past, or upon the first cuts. As seen here: s3.tradingview.com Perhaps more important is when the yield curve turns up again. Once it gets above about +.3%, after inversion, the market tends to crash hard. For more info on Adam & Eve patterns, check the pattern site. It's a wonderful resource. thepatternsite.com Targets would be long to ~450 SPY then short to ~240. It would make MMs a lot of money, so you shouldn't be surprised if it plays out like this.
AMEX:SPY
by Nicklaus68
7
📊 The Adam & Eve Chart pattern📍 What is the Adam and Eve Chart Pattern? In essence, Adam and Eve is a variation of double top and double bottom patterns and is only slightly different from the traditional double bottoms/tops. The pattern is marked by the first bottom or top, the Adam, then the price moves up or down and creates another U-shaped where we can see Eve. 📍 Adam and Eve Double Bottom Adam and Eve double bottoms are formed in a downtrend and create two bottoms before the price moves upward – the first bottom is a shape of a V (Adam) a peak at the support line while the second bottom is in a shape of a U (Eve). Simply put, the Adam and Eve chart patterns indicate a strong price level that is unlikely to be broken, and hence, a shift in market sentiment. Trading with the Adam and Eve pattern is super simple. All you have to do is to identify the pattern correctly and know the proper levels of when and where to enter and exit a trade. 📍 Key Takeaways The Adam and Eve pattern is a variation of the double top and bottom chart pattern that signals the start of a new trend. The bullish version of the pattern features a V-shaped first bottom called Adam, followed by a U-shaped consolidation phase forming Eve. The same applies to the bearish version. The breakout trading strategy is recommended for trading with the pattern. Enter a trade when the price breaks above the resistance line or below the support line, with a stop loss at the neckline level. Volume plays a crucial role in the Adam and Eve pattern as it confirms buying or selling pressure, providing a strong signal for a trend reversal. 👤 @QuantVue 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
2
Adam & Eve Bottom - $LADYSTLDR: Nice bottoming pattern forming here, bullish making higher highs, and higher lows. Ascending triangle also. Into key resistance, tested multiple times.. I like this trade. --- "Adam and Eve" bottoming formation is a bullish pattern that traders look for on price charts to identify potential buying opportunities. Let me break it down for you. Imagine you're looking at a chart that shows the price movement of a stock, cryptocurrency, or any other financial asset. An Adam and Eve bottoming formation consists of two parts: the Adam and the Eve. Adam: The Adam part of the formation is a sharp drop in price, usually followed by a quick recovery. It looks like a "V" shape on the chart. This signifies a significant selling pressure and panic among traders, causing the price to drop rapidly. Eve: The Eve part comes after the Adam. It's a more rounded and gradual decline in price. This indicates a period of consolidation, where the asset's price stabilizes and buyers start to step in, preventing further declines. So, why is this formation considered bullish? The Adam and Eve pattern suggests that the selling pressure that caused the initial drop (Adam) has subsided, and buyers are becoming more active during the consolidation phase (Eve). It shows a shift in market sentiment from bearish to potentially bullish. When traders spot this pattern, it indicates a possible reversal in the price trend. They interpret it as a sign that the asset's price may start rising again in the near future. It's like the market has hit a bottom and is ready to climb back up. As a result, traders often see the Adam and Eve bottoming formation as a buying opportunity. They anticipate that the price will start to rise again, potentially providing them with profits if they purchase the asset at the right time. However, it's important to note that no pattern or formation is foolproof in trading. It's always a good idea to use additional analysis tools and consider other factors before making any trading decisions. So, in summary, an Adam and Eve bottoming formation is a bullish pattern that suggests a potential reversal in the price trend. Traders see it as an opportunity to buy an asset that has reached a bottom and may soon start climbing in value.
Long
by TheTraderAndy