Hi guys,
Adam & Eve double bottom on the hour-chart for LTCUSD. Just wait the confirmation. We are also in an ascending triangle and RSI shows a hidden bullish divergence.
First support is $157 where we had a rejection yesterday. Then, we could reach $162 if the double bottom doesn't fail.
Have a nice day !
Bitcoin is making an Adam and Eve Double bottom which can be read about here thepatternsite.com . This is just about our last hope of bitcoin recovering in the short term, if this pattern fails, It will strengthen my belief that the cartel exists and is in-fact suppressing the price of bitcoin through the use of futures markets. This can be read about here...
We are only two successful patterns from 17k!!
In the next week:
First, I expect a rejection to retest today's log breakout:
9000 is a strong resistance for 3 reasons:
- Round number effect
- Fib 0.5 will encourage shorts
- On level of March 22nd high.
There were very strong bullish signs in the last week, and we can expect a battle for control at...
What if we were seeing an Adam and Eve Pattern forming on the Daily BTC. We saw this similar pattern in the 4hr hour breakout from 6.4 to 7.8k. There is a lot of resistance I know () but this could be a possibility if we break ~9.5k.
My last BTC post mentioned the running triangle formation signalling continuation just after price rocketed upward on 4/12. That continuation eventually reversed at the dark red resistance line.
I've noticed the same running triangle pattern may be forming on the larger consolidation we're going through right now. FRACTALS!
Just for education purposes, the...
WABI/BTC formed an Adam & Even double bottom and broke out. It's currently facing resistance on the 0.786 Fib retracement level from its ATH. If it breaks that level, we might see it rise until 0.618 Fib level at around 20k sats.
LTC has broken the downtrend channel, and almost formed an Adam&Eve (or you can say another type of double bottom). If formation completes, the target would be 0.0205 BTC.
On the other hand, while most of the alts jumped up, LTC hasn't moved its play yet. Therefore we may see a bigger move.
Not an investment advice, please do your own research.
So many reasons to be bullish right now. First and foremost, is the current bull flag we have been forming on the 1day chart. 2nd is that the projected trajectory of the eve trendline's ascending curve(in pink) continues to be validated. Third, we still haven't reached the projected breakout target of the descending triangle we broke out of(in purple) and we also...
A lowly long term bull in a forest of aggressive short term bears.
Levels, confluence, pattern rec.
thepatternsite.com
Adam & Eve Double Bottoms Overview
Adam is a term that describes how the bottom looks, in this case, a narrow, pointed bottom, perhaps with a one-day downward spike. Eve bottoms are more rounded looking and wider. If they have spikes, they...
Hi all,
Salt has been in a downtrend for a long time like most of the altcoins and price is a real bargain atm. It retraced all the way down and uptrend is ready to begin.
Adam & Eve formation is about to be formed ( better on dailiy chart ) and there is a golden cross on 4h.
Volume increase is also seems great.
Adam and Eve double bottom formed and has just confirmed.
Also some solid fundamentals - www.reddit.com
Buy - 0.00016500 - 0.00017500
Target 1 - 0.00018800
Target 2 - 0.00020000
Target 3 - 0.00023000
Target 4- 0.00033000
Stop loss - 0.00016000
Adam and Eve pattern shown
Shouldn't take long position until neckline is cleared.
High-performing bullish pattern
stop loss under neckline once entered
Target matches w/ local top/resistance area and fibs
Not unexpected the great bullish price action I woke up to this morning but still a great feeling to finally see the breakout from the falling wedge I had been expecting finally triggered. What's more than that, if you look at the bpottom wick of the current day candle you will see it bounced upward off of the eve bottom that I have laid out precisely, further...
![BTCUSD: [BTC] Bullish Fractals on Collision Course with 200-D SMA?](https://s3.tradingview.com/t/tWOI8vpM_mid.png "[BTC] Bullish Fractals on Collision Course with 200-D SMA?")
