Hi, I just published an Idea with the Adam Eva pattern in short term timeframe. Its based on this view I draw on the chart. - We have a higher low I marked in the chart. - The RSI is making a higher low swell - this is very good for us right now. ------- - MACD pointing down (not good for us). But we basically catching a falling knife and this Idea Is not fully...
Hi all, morning coffee time. HBD made a higher low in daily timeframe. And after the drop yesterday it made a Adam Eva Formation. + Volume is good swell. This is very likely to go back up again. Have a great day. Contact me for premium member of my trade calls. Cheers. (Not a trading advice.)
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The Bitcoin bull trap has come to an end and it seems the dominant trend is resuming. The higher time-frames are showing severe hidden bearish divergence in the RSI. With the price making equal highs while the RSI made a significantly higher high. I was skeptical of the rally as the volume was far too low to be confirming a trend reversal. Entered shorts above 4k...