ADAM-EVE
ICX - Cup and Handle after Inverse A/E? 400%+?!🚀🚀ICX on USD charts is looking very interesting.
Seeing basically a very bullish version of an inverse A/E into a cup and handle; this pattern seems duplicated on various other charts which have already broken out recently.
Very bullish indicators and the lack of substantial retrace as it holds this relatively high level likely signals we're heading upwards from here soon.
Ethereum in the futureRight now Ethereum seems to have broken the downtrend and by that closed the peak. Now it seems to be going to test the larger downtrend around 1010 EUR level. From that it will either break the triangle and test the 1080 EUR level. Alternatively if it gets rejected by the downtrend, Ethereum will probably break its long-time uptrend, forming Adam&Eve pattern in the process, that will carry it all the way down to the 810EUR. Choppiness index and Stochastic generally agree on the current uptrend towards 1010 EUR.
LONG: Adam & Eve forming on the 4h?From my analysis, it looks like an A&E is just breaking out on the 4h BTCUSD chart.
Putting the stop loss at the Kijun could would allow for a 6% pullback before getting stopped out. While the target (computed by measuring the hight of the Pattern) is at 15% percent and above the previous ATH.
Risk/Reward Ratio: 2.4
On the other hand, a H&S pattern could be forming on the daily. Which makes this trade too messy for me to enter. Or maybe only once we near ATH.
This is not financial advice, just an observation.
Watcha think? Would you take this trade?
ETHUSDT 1H long; Adam&Eve, Ascending Triangle and falling wedgeTA Explained
ETH looking really bullish atm. let me show you. First of all we have a falling broadening wedge breakout:
Second we have an ascending triangle which indicates a trend reversal. A trend which wasnt really a trend of course more like a pullback/correction it seems.
And finally we got this Adam&Eve reversal pattern.
So all together we got some bullish signs here. Lets try to get in on a retest of the broken resistance area
Trade setup
Best entries: 1087.77 - 1136.82
TP1: 1226.27
TP2: 1305.73
TP3: 1505.09
SL: 1037.22
RR: 5.25
Max leverage: 3
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Litecoin continues towards the 180USD markIn my previous post I have outlined the possibility of Litecoin forming Adam&Eve patern on 4 hour charts. I believe that when the price hits 170USD, there will be a small retracement to the 162USD mark, then the faith in the newly recovered Litecoin would carry it to test the 180USD mark.
Total Market Cap A&E BottomTotal Market Cap A&E Bottom
Here in the 2Hr chart we have an Adam & Eve Bottom formation.
As you can see in the MACD below price circled in red there is a looming cross into bullish territory. You can see the upward trend here as well.
Below that in the DMI Directional Movement Index circled in yellow highlights the fact the the positive buying pressure ( blue line ) is in a strong trend @ 73 indicated by the red line.
The RSI in the bottom also is in a uptrend. It sits at 58 ATM. 70 and above is considered bullish.
There is also an inverted hammer that stretches' up to the sky
Adam & Eve Bullish version forming on XRP chartThere appears to be an Adam & Eve reversal pattern forming on the XRP charts. The volume fell during the Eve curve and could continue to head up after the resistance breakout 1.
Note: The environment is very volatile, there is the possibility that prices during the Eve formation test the Adam low/high before completing the reversal, a pattern failure here could result in losses.
Reference: technical.traders.com
GRAPH ADAM and EVE FORMATION. $GRT & $BTC COMPARISONHello everyone.
We have very nice set up for GRAPH. Looking for 700% gain on this cryptocurrency.
More conservative people can wait for a breakout of $0.46 that would give somewhere around 500%
This set up is on 1H compared to BTC's 3D chart.. Always look at the downside and manage the risk. THIS IS NOT A FINANCIAL ADVICE. Invalidation only if we fall below $0.33
Will make an update once we start. TARGETS: $2.15 / $3.00
BNB 12h. Why there is a big chance to see $16.5?BNB remains one of the strongest coins to hold up well under the current BTC dominance. If we look at how other coins and tokens fell yesterday, when BTC tested the lower limit of local consolidation, the BNB stability is impressive.
After yesterday's f all by 3% , BNB buyers managed to renew the local high. Most of the other coins failed to even organize a decent rebound.
However, is the BNB local trend from 23 September really strong enough to renew the previous high $33.38?
More than a month has passed since the publication of one of our first BNB ideas.
And we are back to the target near the level $16.5.
With a very high probability, a rather rare "Adam and Eve " pattern is forming on the BNB chart.
So far, all the necessary conditions are met :
- the first top is sharp with spikes and high volumes
- the second top is U-shaped with low volumes
- the difference between the tops is not more than 5%
- distance between tops 3-7 weeks (on the chart 5 weeks)
This formation work out:
- the first possible stop is the level $25
- formation confirmation - the breakout the level $22 down
- a rebound from level $20 upwards and testing the level $22 for strength from below
- trade and the final fall to the level $16.50.
Cancellation of this formation, the price fixing above $33. 40.
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ADABTC Is inside a descending channel 🦐ADABTC Is inside a descending channel, and the price created an inverse Adam and Eve on daily chart:
On the weekly chart, the price bounced on 0.618 Fibonacci Level
On the 4h chart, the price is inside a descending channel
The price must have a breakout towards up to continue the bullish momentum, IF the price will lose the weekly support, we can see a deep correction.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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 of Plancton0618 strategy will trigger.