Elijah144

Textbook Adam and Eve Double Bottom For Dogecoin!

Long
PHEMEX:DOGEUSD   None
A chart pattern I don’t see get much recognition is the Adam and Eve double bottom; this pattern is formed when one sharp V-shape bottom is made as the first low during high volume. The price will then bounce back higher, then form the second bottom, which is more of a cup shaped or rounded second low. The V-shaped low is the “Adam” and the U-shaped—rounded or cupped, same thing—is the “Eve” low. To elaborate of the channel I have for Dogecoin: the full channel is not shown here, but that channel spans all the way down to below the $0.01 level and touches each high thereafter; therefore I believe, and have no discrepancies with it whatsoever, that Dogecoin will touch the top of its channel for the third time this year! Screw the market cap… I don’t want to here it. This post is predominantly for the analysis of Dogecoin, but would you just look at how similar the “BIG THREE” have been behaving in relation to each other… quite magnificent. By the way, the entire crypto market is a ticking atom bomb right now… ha.
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