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Adamandeve

BTCUSDT Long Idea with Take ProfitsI have placed this long on Binance Futures - On the 4hr/Daily timeline, one can draw a downwards channel that Bitcoin has been ranging in for the last 4 weeks. Past week it's been in the upper half, and the 2nd to last 4hour candle had a big bounce off the bottom region to close on the median line. To me, that implied strong bullish momentum, albeit it still closed as a bearish candle. It was followed by a bullish candle, not as powerful as the first, but still with an average amount of volume for the past 20 4hr candles. This could easily turn down and continue further to 37700, hence I only risked 1% instead of my usual 2-3%, but seeing as the fall down from the upper region of the channel down to the middle stemmed from big news and extended by liquidations of futures and other derivatives, I believe that people will be buying up this discounted BTC in the coming couple days. Hence, the long TP 4. TPs 1 and 2 - indicated by the purple lines - stem from my bias towards the upside in the short run. Even if the overall trajectory is down, I feel the short-run (couple days) is upwards. The Adam and Eve pattern on the 15 min is a bullish sign, the neck of which we broke with strong bullish candles. TP 1 and 2 are at basic resistance zones, with TP2 being just below the technical target for the Adam and Eve pattern. TP2 is also just before the 50% retracement of the Fib taken from 19th September (before the massive drop) to the trough from 12 hours ago. Another sign we could reach TP2 in the short run without too many problems from the technical perspective. With TP2 being touched, that would take out a total of 75% of my position; only 25% will be left to ride out to my TP3 and 4, or hit a SL that I will move to break even when price hits TP1, or to TP1 when it hits TP2.
Long
by afatuliaj
SNXUSDT Adam & Eve Double BottomsAdam & Eve Bottoms SNXUSDT has formed Adam &Eve double bottoms as seen in the chart. Left Bottom which is in slightly curve shape like V forms Adam because this slightly curve shape shows only Wicks of candlesticks whereas their bodies are above to that point and formed a V shape Which indicates Adam because in Adam bottom only wicks of candlesticks reaches to a certain levels or zones whereas their bodies are present above as shown in pattern at 11.114 . Now, if we talk about right bottom as shown in the chart then candlesticks has formed Eve bottom because Eve bottom is formed in curve shape such as U shape but not U where most of the candlesticks are present with their bodies somewhere at the same levels or zones of Adam bottom. After forming a curve like U shape indicates a trend reversal from bearish to bullish. When both bottoms are formed then we check the previous price action from where rejection was faced and results in double bottom and draw a trend line at that point which is called as Resistance as shown in chart at point 12.329.Now just wait for the breakout and retesting as shown in chart because double bottom indicates bullish trend. After retesting its resistance will be its support level and we will open our trades where their are different points for TPs. TP points 13.276 13.827 14.335
by Ahmed_51
$PLTR needs a weekly close over 25.94I am mega bullish on the stock. But I want confirmation on bullishness, and the best confirmations are closes above bear candles' high. We are forming an Adam and Eve bottoming pattern. There is still a chance we make a handle, depending on the market price action. Or price just breaks 27.5 without any pullback. In which case I already have a position at an average $24.08 Both daily and weekly chart are on TD D-Wave 3. For those trading waves, entries are at wave 2 or at the break of high of wave 1.
PLong
by kidze
Adam & Eve Bottom on FET/BTC #Fet $FET #FetchAIYou can see we have developed what appears to be an Adam & Eve Bottom on our FET chart . What's an Adam & Eve Bottom you might ask? Let's look at our 12 hour chart and see! Our first bottom happened about a month ago with that sharp V formation you see with the red V . Many of us thought it was gonna be an Inverse Head & Shoulders pattern but Crypto can change quickly ! Not all patterns play out . But you can clearly see we've made another more rounded Bottom now at the same sat range . This is the Eve Bottom you see on the chart with the curved blue line under it. This is a Bullish pattern and I expect upside here. There is a Neckline area you can see on the chart in the 1200 area and this is an obvious target ( though there will be steps along the way ) , and will also take us up through the Ichimoku cloud ( and that's Bullish too . ) So an Adam & Eve Bottom will be a pattern involving a first V shaped bottom followed ( probably a month later ) by a more rounded bottom in the very near same price area but with a neckline rise in-between . The distance from the neckline to the bottom is how much you add on top of the neckline to get a target . And again we see a probable target area in the 1900 sat area . I would love to see that happen . Maybe by end of July we see this beautiful upward rise ! Let's see . Wishing all the best to the FET Community !
Long
by shimmeringpath
2
BTC - The Game of Patterns - The Inverted Adam and EveOne feature of Cryptocurrency that is helpful is the 24/7 nature of the price action. The lack of the volume variability that dominates the equities markets with the futures and loss of control overnight of ones' options is limiting. The pattern day trading opportunities in crypto are more frequent, with a new pattern forming at all hours. We have to sleep sometime so alerts at the identified levels are key. The mini Inverted Adam and Eve was an echo of the larger double bottom print that launched this bull run. Now, consolidation at the 50% of the 65-28K move is running into the next phase with the GP above.
COINBASE:BTCUSD
by Pennywick
1
Golden Cross & Kumo Twist FET/BTC #FET $FET #FetchAIHere we see our FET daily chart with that beautiful pump from yesterday . The neckline ( in red ) of our Adam & Eve Bottom has been hit and once we can consolidate for further upside we should hit that 1900 area which was the target of the Adam & Eve bottom. But also notice there are some other bullish indicators right now on this chart . We have a small Golden Cross happening with our light blue 50 MA line crossing up through our dark blue 200 MA line - and that should happen later today.And we had a Kumo twist on our Ichimoku cloud which has now gone from red to green. Everything is looking great with this chart ! I'll do an updated Gann Fan chart for FET very soon . Because FET has really been respecting it ! My Adam & Eve bottoms idea is linked below . Thank you !
Long
by shimmeringpath
5
$LINK: Pitchfork still providing clear S/R levelsHey yall. I think $LINK is looking really good here! We've seen a pretty clear A&E bottom with higher lows being created! As you can see the blue 1.0 pitchfork prong that acted as such strong support is now acting as a clear resistance! If we go back to re-test that 19.50 levels where we previously held and failed, I'd expect a bounce to above 20 and to continue our way back up! Fundamentally SWIFT news and the amount of integrations and partnerships only continues to grow for Chainlink. Smartcon is coming. Super linear staking is coming. Any $LINK price under 50 dollars is a gift. I've been buying these last few weeks. Long term plan still intact.
BINANCE:LINKUSDLong
by its_maxbro
4