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P_S_trade
Jan 11, 2023 10:39 AM

SHIBA INU price probably forms the "Adam and Eve" pattern 

Shiba Inu / Tether USWhiteBIT

Description

It is very likely that the process of forming the "Adam and Eve" trend reversal pattern is underway on the ShibUsdt price chart

This pattern is one of the varieties: "Double Bottom". The main features of the Adam and Eve pattern:
- a spiky "first bottom" on the largest trading volumes,
- "second bottom" - U-shaped, protracted, and with unremarkable trading volumes - an ideal place for a set of medium and long-term long positions.

If our assumption is correct, then the ShibaInu price should not fall below $0.00000820 - 0.00000830.

Medium-term targets for growth: $0.00001300 and $0.00001700
The long-term target for the growth of ShibaUsdt price is around $0.00003500

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Trade active

TP1 - done ✅
Comments
Tolberti
Definitely a possible scenario, thanks for your work!
P_S_trade
@Tolberti, thank you, nice to read this
VincePrince
The breakout is already ongoing, thank you.
Williamforex
Nice one
vf_investment
Well done, it possibly could be Adam & Eve! Identified it in time.
JoeChampion
Good insight mate!
f4taL1ty
Great
P_S_trade
@f4taL1ty, 👍👌
ProSignalsFx
Its a good trade right there!
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