lysergik

Potential Adam & Eve Bottom: Invalidation and Confirmation Level

lysergik Updated   
BYBIT:BTCUSD   None
The classic adam & eve pattern may be playing out nicely for BTC , ETH, BNB and other crypto markets.
cdn.howtotradeblog.com/wp-conten...

If we retrace to more than the golden pocket on this impulse however, this would invalidate this pattern.
If we break above the top of the dead cat bounce, this would confirm continuation of the bullish impulse.
Comment:
Fixed link to the pictured pattern example:
bullswaves.com/wp-co...Bullish-1024x576.jpg

-- My prediction based on pattern result --

If confirmed, then BTC should see new ATH without* seeing near 40k again until 2022 or later.

If invalidated, then at least a touch of 38k or less would be on its way, but the ability to see new ATH this year will remain so long as we can hold above 37k
Comment:
Long Entry I will take:
Comment:
The bottom has been invalidated!
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