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ADAM-EVE

#bitcoin - Hitting Apex, "Adam and Eve"?Good morning, "someone" had something against the breakdown of this major symmetrical triangle and pushed the price up to the very important Apex Median of this big symmetrical triangle, that still looks very valid. Especially after the last two spot landings on the ascending support and the reversal, the triangle looks strong. This means nothing else, then: Any break-up or down can be violent and volatile and bound to a major increase in volume. Also, referring to the last bottom we have seen within this triangle, there is the possibility we are just witnessing another Adam and Eve bottom. The neckline is the Monthly Pivot. I am really looking forward to the results of this entire situation around Bitcoin. Major resistance: $10800 Major support: around $9900 ___________________________ Warm regards, Neru
BITMEX:BTCUSD.P
by Gl4diator
2
#bitcoin - Bullish "Symmetrical Triangle" on 240Good morning guys, Bitcoin is still forming the symmetric triangle on H4, which naturally has better odds to break upwards, than downwards. The targets of this symmetric triangle are similar to the max-targets of the older bullish Adam & Eve to the top and if we break this down (possibly after a false break-out) our main target would be around $10750. You would be able to see false & valid break-outs in either direction when the red marked levels on top and below the symmetric triangles are broken or declined. Generally, this is a bullish setup, saying that Bitcoin is very famous for its surprises, thinking about possible stop-runs after break-out. __________________________________________ Warm redards, Neru
BITSTAMP:BTCUSD
by Gl4diator
11
#cardano #adausdt - Failing the bullish reversalWith altcoins bleeding a lot recently, also Cardano, for now, failed to hold above the breakdown-level and is currently testing it from below. From now on we need to watch out more for a break of the 6h-Diagonal than for a potential double-bottom reversal: ADA has more down-potential until the next historical support/accumulation zone. It will be hard for ADA to turn this picture with still rising BTC Dominance. As usual, I marked you the significant prices and also the important Pivot-Levels. __________________________ Warm regards, Neru
by Gl4diator
Bitcoin // Possible Adam + Eve Hello, Beginning with the 1D chart on CME we can see the birth of Adam and Eve taking place. At the same time we can see a shooting star ready to be confirmed. This points to the possibility of printing a handle for A+E. Also a cross between the 8D MA and 21D MA is about to occur. Below it, we find a gap. Although I believe we shouldn't wait for a gap to be filled, we can find support near it if we get a short-term dip. Or break in and fill it. A daily close below the gap can null the pattern and a triple bottom can occur, although I don't expect that to be the case. If Adam and Eve gets invalidated, a bounce at the bottom of the bull flag is highly possible. Above it, we can confirm the pattern and continue the run above the bull flag to a target of $13,900 and beyond. - B 12hr: 4hr:
CME:BTC1!Long
by B_version256
#cardano #adausdt - Potential Double Bottom vs USDTWith Bitcoin being undecided, I am not surprised Cardano is forming something bullish at this point. We have the possibility here to see the low of a Double-Bottom or maybe also an Adam & Eve. It is a little early to say, but in case this is becoming an option, the gains are decent, even if you are rightfully waiting for a break-out. The trading & accumulation range is about 30% now, so nothing where you can set loose stops or go all-in. The first serious target would be the Monthly Pivot after breaking the H6 Diagonal. As usual, I marked the important levels for you. Always remember, Diagonals CAN end patterns pre-maturely. ------------------------------ Warm regards, Neru
by Gl4diator
#bitcoin - In the storms eyeTaking into consideration, that Bitcoin is undecided where to go and receiving many different signals that are equal for bears and bulls, I am not trading right now. This is another "Pause" that will likely lead to a bigger move, both sides have been rejected with a slight tendency upwards last night. As I said before, the H6-Diagonal could end this bull-move pre-maturely, so far it did not really do that, it simply accepted it as border resistance. Bitcoin has overcome a breakout-level here AND is holding for now above the WW-Diagonal and the Daily-Diagonal, which gives this situation a slightly better chance to break upwards, than down. Nothing that would justify a new position now, also keeping in mind for those who are still long, that a possible max-target of the former Adam and Eve has not been fulfilled yet. We also have a minor symmetric triangle on 15m, that will likely lead the further direction for today very soon. Targets & Supports remain. ______________________________ Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
2
#bitcoin - Bears be careful ...I am not convinced that we go down from here. I know many are calling the $8k again, but I would really be careful with shorting into this. This construct that we see here, looks at the moment more like a temporary retrace to satisfy profits and short scalpers, this does not look like a typical local high. The old A&E max-neckline was accepted as support and we have a new breakout-level, we are just now trying to get back over the R1-W Pivot, also sitting on a developing hidden bullish divergence. Targets remain. I won´t change anything for now, only if we get harshly rejected anytime soon in higher than an H4 candle formation or if we fail to overcome the R1-W Pivot. _______________________ Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
#bitcoin - Now hitting last "H6-Diagonal" (A&E)After every single diagonal trendline resistance has been broken with no effort thanks to the Adam & Eve bullishness, the price just hits the last trendline resistance, that could end the A&E play-offs pre-mature, although Bitcoin looks very strong and I don´t really see why we should end this before max-targets. None of us knows currently, where the shorters will start to hop in and where the most targets are sitting. If you followed the development of the order books recently, you have noticed, that many resistances had sell-walls in play, that have been either eaten away like a pepper-steak for breakfast or moved higher (which is typical for a STRONG short-term-trend). Current resistances are R2-W and the last Diagonal. Next ones coming up would be the R1-M and just after that the feared former high + the R1-Y in the area around $13k. I have labeled for you as usual. Trade safely, set stops. ____________________________________ Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
2
XBT Adam Eve Pattern !! 16,000$ mark confirmed?Adam Eve pattern is often seen at the market bottom, here the classical formation of this pattern shows the market is quite bullish Moreover, 3days golden cross played out which shows a strong uptrend, however, on the weekly side market has not touche the 21 day EMA which makes the possibility for the downside along with the gap remaining in CME futures. Now it's going to be weekend time so do expect long spikes, with strong fundamentals news, in coming days if it breaks the 12,000 $ mark we will son see 16000$. Many Vip members open short here but due to stop-loss about 10,200$ we have seen market touched 10,400 within minutes. Hope this pattern plays out well. NOTE- DYOR before investment, this chart is for educational purpose only. Please like, share and comment. Twiiter: twitter.com Telegram: t.me
BITMEX:XBTLong
by setrader33
#bitcoin - Daily Pivot & Weekly Pivot SupportsAs mentioned yesterday, we are not out of the woods yet. Currently, the Daily Pivot is working as support followed by the Weekly Pivot in case this fails, which can fairly happen. We are at resistance now accumulating beneath it, which is normal and not worrying me by now. I have marked my bearish levels when I would start to rethink the bigger picture, so far no reason for that. We are still on track. "H6" Eve remains unchanged for now. I am not going to set targets for today as I am not sure if the market has any power right now to move on to next Pivot Levels. Might take a little. _____________________________________________ Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
2
#bitcoin - Attacking Weekly Pivot "H1"A very important hurdle for the potential reversal. Today, the Weekly Pivot and the Daily R1 are presenting a big hurdle for Bitcoin to overcome. On the One-Hour, we see slightly rising volume, higher highs, and higher lows, two broken trendlines and new Support. If we manage to bypass the W-P, thinking how an Adam and Eve is "working", I would not expect a mega jump rather a slow steady rise probably until $11k until we will greet another important resistance. All this is crucial for the long-term growth of Bitcoin, if this is working out we might manage to avoid a long period of a side-trend. $8k remains bearish medium-target. ______________________________________________ Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
1
#bitcoin - The Escape, delayed by SMA200 and Weekly Pivot "H1"Alright, after breaking the last trendline upwards, the expected hurdle of the Weekly Pivot + SMA200 bundle of joy in the one-hour timeframe is now on. Don´t get impatient, this is a very important step to further healthy growth. Bitcoin needs to get over this first before creating steadily growing demand & therefore volume. Stay safe, don´t get #Fomo, always set stops. ____________________________________________________ Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
1
#ethusd #ethereum - Holding up for now ("D")Very similar picture for ETH as for BTC and LTC. The Leadline is currently still protecting ETH from a drop and also here a potential Adam and Eve Bottom is coupled with decreasing volume and pausing. Ethereum is just sitting below the new weekly Pivot Point which is certainly the level to break around $213 if there is going to be upwards reversal and a continuation of the recent bullish trend. Also here breaking down this Leadline would not be considered bullish ;-) Even though my gut tells me we are bullish, I learned the hard way, that my gut is not allowed to have an impact on my trading decisions. __________________________________ Warm regards, Neru
BITSTAMP:ETHUSD
by Gl4diator