On the left you can see the current bitcoin chart on the 12h timeframe, further confirming a bottom with an adam-and-eve chart pattern forming.
It occurs after a sharp downtrend. The initial step creates a “V” shape, the Adam part. Then the price surges upwards to a neckline and then makes a round “U” shape which is the eve part. Together it’s an Adam and Eve...
Earlier this month, Costco made confirmation of an Eve & Adam Double Bottom chart pattern as it began seeing daily closes above the mid range between lows. This pattern indicates a fairly high probability (about 88%) of a bullish reversal relative to the sell off which from the recent all-time high (571.49) achieved on December 29th, 2021.
Today, the price is...
Long term up trend was broken @ 24,295
Grabbed support @ 29.2k then bounced to ATH's
Sort of looks like a double bottom currently on this new trend line that was once resistance and broken @ 19.7k.
Double bottom (Eve & Adam which is a higher low DB) isn't yet confirmed, will need to close green above 45.8k on the weekly.
If confirmed the completed db pattern will...
So this is an update on the linked idea for BREAD $BRD coin paired to $BTC.
For this very small cap coin I'm expecting it to play out in months if not a few years (check up on original idea) and so I'm currently holding a big bag at my own risk. As we know, crypto can be very risky so I don't rule out that this idea can stretch out longer or even lose interest...
With Opex on tap there is increased risk of volatility and opportunity. Scouting this double bottom pattern as the opens have produced fireworks in September.
I got a scratching in my head again when looking at the ETHBTC chart and it was beginning to resemble the bitcoin chart and a bit more tinkering has resulted in this post. I see myself doing a couple of editions of this basic concept over the next couple of days. The fib levels show that BTCUSD had a more powerful move as BTC was able to reach the 0.786 Fib...
Secret Network is ranked #139 @ CMC
#SCRT/BTC (Binance TF. 1-day). Double Bottom "Eve & Adam. Breakout. Pullback. The road is now free to reach the targets!
We have achieved our medium-term target at 12.000.
Supportive - easing - monetary policies of the major central banks may cause another bullish retracement in indices shorter term.
- The FED, RBA, BoC, BoJ, ECB-
Breakout of the neckline can be used as a buying opportunity.
Note: The FED's rate cut does not mean anything by itself if not supported by the repo...
NASDAQ:GGAL muestra varios patrones entre ellos un lindo Eva y Adan cerca de confirmarse en caso de que cierre el gap faltante hasta el 0 del retroceso de Fibonacci en 37,72. Target en caso de confirmarse sería: 37,72+((37,72-18,3)*0,66)=50,28. Este valor coincide con el cierre de los días 10 y 11 de junio del año pasado. Hay que esperar a que cierre en los...
I think the abcd pattern is already start to work. also we can see a double bottom (maybe we can call eve&adam) I will enter the position after the closing on the neck; and will try to get both double bottom and abcd targets.
![BTCUSDT: BTCUSDT - LAST LEG UP TO ALL TIME HIGHS - 80K+ [2022]](https://s3.tradingview.com/p/pUu41Cqi_mid.png "BTCUSDT - LAST LEG UP TO ALL TIME HIGHS - 80K+ [2022]")
