TradingView
fvg75
Dec 6, 2019 5:01 AM

Adam and Eve? Long

XRP / TetherUSBinance

Description

Adam and Eve formation is characterized by a sharp and deep first bottom on high volume (Adam). The stock bounces and develops a more gentle correction, printing a second bottom (Eve) on lower volatility. Eve's rounded bottom takes longer to develop than the Adam spike and it is characterized by lower volumes. Price action congests into a tight range and the stock then breaks to the upside.
Also could be a cup and handle... but both are looking bullish... but is Friday, you never know...
Comments
yuriysadoma
I thought it was my post on XBT, same title - hahaha, coincidence?
fvg75
@yuriysadoma, haha well kind of clear for everyone.. I am focus on xrp tho left XBT behind looong time ago... but yeah, seems like A&E formation...
More