RARE / Bitcoin
Long

RAREBTC Trading idea

339
RAREBTC appears to be exhibiting an ADAM and EVE structure on the chart. The ADAM and EVE pattern is a technical analysis pattern that can indicate a potential trend reversal in the market. The ADAM pattern is characterized by a sharp drop in price, followed by a rounded bottom and a sharp rise, while the EVE pattern is characterized by a rounded top followed by a sharp drop.

The pattern neckline is a good zone for immediate target area for any immediate Long position from here.

Do make sure to appreciate our effort with your likes. Remember to follow us for latest update and join our live trading update. As always, it's important to conduct your own research and analysis before making any trades, moreover, never risk more than what you can afford to lose.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.