Rune has formed Adam&Eve double bottom. After double bottoms generally a bullish trend starts but in Rune case double bottom pattern failed because market don't have enough momentum to break its resistance and as a result Adam&Eve double tops are formed but bearish trend isn't started yet after double top because market is in its support zone and testing both its...
BTTUSDT has formed inverse head and shoulder pattern and price action is breaking neckline. As we know Head and shoulder is trend reversal pattern and here inverse head and shoulder is formed indicating bullish reversal .As seen on the chart price action is facing rejection at point 0.004527 which is the resistance point as well the breaking point of...
Adam & 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...
After breakout of cup and handle pattern Matic got a bullish momentum but can't be able to cross the resistance and zone of 1.4 as seen on the chart double top is going to be formed after which matic will test its previous support somewhere in 1.3 zone and make a double bottom after which it will test again the zone of 1.4 and may break the resistance...