CRSP had an bearish H&S formation earlier which saw it fell to a low of $100 on 5 March. It then traded in a wide sideway range of 106-137 for most of the next 7 weeks and eventually an Adam and Eve pattern has emerged.
The Adam & Eve ((A&E) is variation of the "double bottom" formation. The neckline is currently at 137. As soon as it started trading above...
PTON established a strong support at 94 after forming a double bottom there on 5th March. It rose for only 2 days before losing momentum for the next few weeks when it slowly became apparent that a mini Adam and Eve bullish pattern was forming.
Today it gapped above the Adam & Eve neckline with RSI rising strongly >50 at the same time. For those who have yet to...
Adam and Eve, I love this pattern. Do you remember this idea?
According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition...
ADAM EVE Pattern is almost going down be careful / Adam Eve pattern görünüyor. Dikkat etmenizde fayda bulunmaktadir.
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Sosyal medyadan da takip edebilirsiniz. / Lutfen begen butonuna basiniz ve takip ediniz.
I'm not the first to post this (@IAmSatoshi was the first I saw).
A break of 11k confirms the A&E and sets the target to 13k. Still has to deal with 10.6k tho, which should give us some hints about how serious BTC is about this breakout.
First support 10.2k.
Potential fractal playing out on BTCUSD. This aligns with my personal assessment of the approach to the A&E neckline on the 4 hour chart, as shown below:
Given the long fib over-extension to 3.618, I believe we are due for a correction, but it will be choppy and slowly drawn out. I also believe that this will grant us a...
The ADAM & EVE pattern is classic one, but quite rare and only valid in long-term time-frames, in this case the daily chart!
Despite being a rare figure, it is quite simple to operate and set your target.
The best entry is at the neckline breach and the target...
BTCUSD is forming what looks like an Adam and Eve formation on 1D (turning neutral on RSI = 53.944 and bullish on Highs/Lows = 70.9091). What is more interesting is that it was achieved within the 1W 200 MA/EMA (drawn by hand due to cross chart conflict). This pattern suggests that a bullish target should be pursued with the distance of the Bottom to the...