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Safori
Apr 5, 2018 12:07 AM

Potential A&E Double Bottom Long

Monero / Tether USDPoloniex

Description

Expecting to see an Adam & Eve double bottom here, as we are retesting the February lows with relatively lower volume; red triangle is the Adam, Yellow arc is Eve. The pair of bullish divergences (hidden and normal) on StochRSI supports this read. Adding to my long here with SL below the vertex of the Adam with an extension target of ~$360. I'd get out there and wait for the retrace to $280 to re-accumulate.

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