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ADAM-EVE

Bullish BTC!? ADAM & EVE still forming!?Hi Guys! As we see on this 1 D chart on Coinbase, there is a higher possibility of A&E formation playing out now. As we are holding support by the 10 D and 21 D moving averages now. Low volume weekends can ruin it though... As everyone expects lower levels now, I still think we will pump up to at least to the 3850 areas to test the down sloping trend line. After BTC could retest this current support, it would be a great area to go long. But BTC might break down and continue lower at least to the 3200 areas again. Indicators are mostly neutral at the moment. Let's see... Happy and safe trading! *This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
COINBASE:BTCUSDLong
by SWINGPROFESSOR
Bitcoin: Adam and Eve formation showing 4450.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 Resistance being equal to the distance from the Resistance to the Target. Therefore that puts the TP at 4,450. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
BITSTAMP:BTCUSDLong
by InvestingScope
10
MFT - LONG - Trade OpportunityMFT Currently sitting on 0.00000074 High Timeframe price action looks like a possible A&E double bottom pattern, this play might take some time to huge profits but in the meantime we can play with the targets that we have below. Entry: 0.00000076 Target 1: 0.00000083 Target 2: 0.00000089 Stop Loss: 0.00000069 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorised to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgement or judgement sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value added tax) of whatsoever nature and/or judgement sums (including interest thereon).) CryptoCue is not a broker-dealer or financial adviser and is not affiliated with an investment advisory firm and does not engage in activities that would require such registration or authorisation by any governmental or regulatory or supervisory authority or body. CryptoCue and/or any persons affiliated with CryptoCue, are not responsible for any gains or losses that result from the opinions expressed herein. Investors should consult their registered authorised professional financial advisor before investing. Opinions discussed herein have not been reviewed by the securities and exchange commission or any state or other.
MLong
by ElMomento
Adam & Eve bottom forming on $ETHBTCIt appears that Adam & Eve bottom is forming for $ETHBTC, which is a solid reversal pattern. It's a double bottom pattern characterized by the first, sharp V-shaped bottom (a.k.a. Adam), followed by Eve's rounded bottom, usually not reaching below the Adam's low. There's also a confluence of at least three more bullish factors: 1. RSI in the oversold range; 2. RSI divergence suggesting price bottoming; 3. Price sitting above weekly support level (not shown in the chart, zoom out to see). Expected price action in the coming days is shown in the chart, with 1st target range shown in green. However, if the pattern fails and weekly support breaks, a drop to the lower range of weekly support is expected (about 15% lower), and if that breaks there's a long way down to the next one. Feedback and comments are very welcome. Safe trading! Disclaimer: This is not intended as financial advice, trading is your sole responsibility, please do your own research.
Long
by ZZip
XRPBTC 23% profits potentialDaily timeframe: • Elliot waves theory -Wave 1 completed -Wave 2 complicated ABCDE correction and lasted 1 month -Wave 3 huge and profitable -Wave 4 simple correction and lasted few days - Wave 5 is completing • Stochastic bounces on 50 and crosses, only one bearish divergence but we are not overbought • RSI indicates a bullish market, no clear bearish divergence H4 timeframe: • Adam&Eve double bottom, we tried an aggressive breakout that failed • Cup&handle forming • RSI breaks 60 level, so bullish momentum is ahead, we have resisted bearish divergence • Stochastic divergence but seems to be ignored at the moment Trade: • Entry : 0.00008650 • TP : 0.00010650 (0.786 fib) • SL : 0.00008453 • Ratio : 10.15 That's my analysis, do your own before taking any trade on that coin. If you trade, use the Livermore method, that is to say begin with 25% of the capital you want to put in, then if there's a breakout, add the rest. If you have any questions, I would be pleased to answer, share your ideas that could be interesting to compare ! Have a nice sunday ! Daily timeframe :
Long
by HatrekoS
[Red Apple] "What is the next movement??? "_BTC/USD_18.08.13I expected rebound and then, be blocked 20EMA on 4H. At the moment, it moves sideways. Let's analysis BTC~ If you are busy, you can just read below briefly 'A. Briefing ' 'E. Summary and Strategy' before read, click '+Thumb up, +Follow' :-) A. Briefing . move sideways along with 20EMA on 4H B. Weekly Chart a. Candle If there's one more bearish candle, it can be formed 'Three Black Crows' pattern. b. EMA 20EMA will say to 50EMA soon "long time no see since Nov.2015" c. Pattern Adam & Eve pattern (Double bottom) -> right bottom can be dipped more -> the moment for Buy is the time when it penetrate neck-line, not now. d. Sum. There's no positive signal. C. Daily Chart a. Trend Descending b. Candle possibility for Three method c. EMA All EMAs are in reverse order d. Indicators a) Hidden Bearish Divergence on CCI b) MACD line and signal line are under '0' c) ADX -> -DI -> +DI, ADX line is heading up -> indicate 'Bearish market'. e. Sum. There's no Buy signal. Many indicators are showing additional drop and even it goes up, $6500 can be resistance line shortly. D. 4H Chart a. EMA All EMAs are in reverse order b. Elliott Wave if it falls down under $5755, Elliott waves fail. c. Fibonacci blocked by 0.786 d. Sum. just following 20EMA on 4H and there's no special pattern. the most importance mission for BTC is penetration of 20EMA on 4H. E. Strategy and Summary High Time Frame charts show negative signal. if there's 'Dead Cross' on weekly chart, BTC can be in long period of stagnation. hope this week is reversal point. In personal, it can be dropped one more time.(if it becomes real, check my previous idea) a. About previous briefing : keep commenting about 20EMA on 4H and it's moving along with it. b. About this briefing : b.1 For Aggressive Traders : Buy when it penetrate 20EMA -> take profits(1~2%) shortly($6500 can be worked as resistance line) b.2 For Conservative Traders : wait until breakout of 20EMA and check Buy signal. Trade Safely~~ If you think my idea is helpful for you, Click ' +Thumb up, +Follow' Also, if found something special, i will comment in real time.
BITFINEX:BTCUSDShort
by Red_Apple
[Red Apple] "Rebound points. "_BTC/USD_18.08.11BTC failed to break many resistances and then falling down,, down,,,, Let's check rebound points~ A. Monthly Chart There's rebound points such as 20EMA, 20SMA, trend lines, previous low level. a. Trend line I : $5860 b. 20SMA : $5790 c. Previous low level : $5755 d. Trend line II : $5600 B. Weekly Chart Possibility for Eve&Adam pattern (Double bottom) C. Daily Chart Now, rebound like above chart and then, it can be dropped again later because BTC is falling down along 20EMA on 4H. D. Summary There's still lots of resistances up there. to breakout, we need a huge bullish candle. maybe it will appear from one of rebound points. a. For previous briefing : There was no Buy signal (no bullish engulfing candle, failed to stay over 20EMA on 4H) b. For this briefing : a) Aggressive Traders : Buy from expected rebound points -> set short stop-loss b) Conservative Traders : At least, wait until BTC stay over 20EMA on 4H and find BUY signal. Thanks. hope you got help from my idea.
BITFINEX:BTCUSD
by Red_Apple