ET - Adam and EveET formed a bullish A&E formation and broke above the neckline on strong volume on 7th May, creating a breakaway gap often seen at the early stage of a sustainable trend. It then pull back to retest the neckline before rebounding again (another classic breakup and retest to shake out the weak bulls).
Long with initial stop loss below the neckline @ 9.28. Trail stops up as trade goes our way. Expected A&E target is around 13.80. No guarantees but the odds are in our favour.
Disclaimer: TA is about improving our odds of a successful trade, but there is no guarantee. This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Feel free to le me have your comments! :)
Adam
Possible Adam-Eve formation, 35-45% ProfitHi Traders,
There is a possible Adam-Eve formation forming in 4 hour candle period. The reason I believe this formation may work is
1- The breakout volume is huge
2- It has been accumilating at that area for almost two months.
3- The right side of triange has an increasing volume, which shows that the buyers are so insistent on the idea of that AVAX will go up.
The target area 53-57$. It is up to you to TP 50% and wait for the previous peak which is 60$.
If there is any candle close in or below the grey rectangle, stop loss.
Finally, before taking a position, I strongly suggest you to observe BTC and the market cap of DOGE.
Glad to hear any comments, ideas and critics ^^.
ICX - Cup and Handle after Inverse A/E? 400%+?!🚀🚀ICX on USD charts is looking very interesting.
Seeing basically a very bullish version of an inverse A/E into a cup and handle; this pattern seems duplicated on various other charts which have already broken out recently.
Very bullish indicators and the lack of substantial retrace as it holds this relatively high level likely signals we're heading upwards from here soon.
adam and eve?seems like an Adam&Eve pattern on the 4h.
wait for the retest and enter. with stop loss of course.
not a financial advice.
Ethereum in the futureRight now Ethereum seems to have broken the downtrend and by that closed the peak. Now it seems to be going to test the larger downtrend around 1010 EUR level. From that it will either break the triangle and test the 1080 EUR level. Alternatively if it gets rejected by the downtrend, Ethereum will probably break its long-time uptrend, forming Adam&Eve pattern in the process, that will carry it all the way down to the 810EUR. Choppiness index and Stochastic generally agree on the current uptrend towards 1010 EUR.
LONG: Adam & Eve forming on the 4h?From my analysis, it looks like an A&E is just breaking out on the 4h BTCUSD chart.
Putting the stop loss at the Kijun could would allow for a 6% pullback before getting stopped out. While the target (computed by measuring the hight of the Pattern) is at 15% percent and above the previous ATH.
Risk/Reward Ratio: 2.4
On the other hand, a H&S pattern could be forming on the daily. Which makes this trade too messy for me to enter. Or maybe only once we near ATH.
This is not financial advice, just an observation.
Watcha think? Would you take this trade?
ETHUSDT 1H long; Adam&Eve, Ascending Triangle and falling wedgeTA Explained
ETH looking really bullish atm. let me show you. First of all we have a falling broadening wedge breakout:
Second we have an ascending triangle which indicates a trend reversal. A trend which wasnt really a trend of course more like a pullback/correction it seems.
And finally we got this Adam&Eve reversal pattern.
So all together we got some bullish signs here. Lets try to get in on a retest of the broken resistance area
Trade setup
Best entries: 1087.77 - 1136.82
TP1: 1226.27
TP2: 1305.73
TP3: 1505.09
SL: 1037.22
RR: 5.25
Max leverage: 3
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)






















