maulikjd91

XBT Adam Eve Pattern !! 16,000$ mark confirmed?

Long
BITMEX:XBT   Bitcoin
Adam Eve pattern is often seen at the market bottom, here the classical formation of this pattern shows the market is quite bullish

Moreover, 3days golden cross played out which shows a strong uptrend, however, on the weekly side market has not touche the 21 day EMA which makes the possibility for the downside along with the gap remaining in CME futures.

Now it's going to be weekend time so do expect long spikes, with strong fundamentals news, in coming days if it breaks the 12,000 $ mark we will son see 16000$.

Many Vip members open short here but due to stop-loss about 10,200$ we have seen market touched 10,400 within minutes.

Hope this pattern plays out well.

NOTE- DYOR before investment, this chart is for educational purpose only.

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