BTC ADAM & EVE pattern points to $5200 after breakout!
Updated
BTCUSDBTCUSDBTCUSD
BTCUSDTXBTUSDXBTUSDThe 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 is the distance between the neckline and the EVE bottom, projected upwards.
Now it's time to hope that this pattern will be confirmed with a breakup in the coming days/weeks so we can surf that big wave up.
Please, leave your like, it is very important to me!
God bless!
Note
The ADAM & EVE pattern still remains perfectly valid, and a long entry (to this pattern) will only occur if a neckline breaks.Note
Of course, all this will only be valid after the breakup! I continue to look at a possible A&E breakup in the coming weeks, if it is confirmed I will bring updates to this chart and I will certainly follow as you said using different targets along the way, because it is a daily chart pattern so we will have good opportunities for sell on intraday resistances, repurchasing in previous supports and improving our position.
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