I 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...
BTC 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...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Previous analysis/position: Have been thinking/tweeting about shorting it Patterns:...
We could to have the chart inversed Adam and eve if it rebound now or on 5800 weed and sea.
Maybe THETA has found support here. I'm going to try to buy a dip and target those three retrace levels, raising stops and closing part of my positions along the way.
Adam and Eve pattern on ETH-USD 1D chart. This can be Bullish sign. RSI still bullish on 1D.
maybe it will reverse here with the rest of the market
I know I have been focusing on other chart patterns recently while we are still inside the handle of Eve's Cup but I wanted to post this as a reminder that the A&E Double Bottom is still very much valid and I haven't thrown in the towel on it despite us dipping all the way down to $7090. As long as we see a nice bull run in the coming weeks I still firmly believe...
Volume is falling, Rsi is falling, trx/btc is falling, double top in Adam and Eve form visible on the chart -> thepatternsite.com I know everyone is bullish about Tron but sometimes sh..t happens.
As I said in the last idea as long as we could flip the buy/sell line from resistance to support on the 50ma we would confirm our breakout from the falling wedge, and this is exactly what has just happened. There are a few potential price targets we could reach from this breakout with the safest guesstimate being around the 9.5-9.6k range. What's more by reachung...
to the new world.... target 1 : 2100 sats. stop : 1680 sats
A very important update on bitcoin! I would have posted this much sooner, but as murphy's law would have it, just as everything reached the neckline, and the turned back towards the downside, my computer's hard drive failed and the day prior to that I broke the lcd screen on my phone essentially locking me out of my crypto accounts. Phone took 2 days to fix, but...
With price at all time lows and a pattern emerging looking like an Adam and Eve bottom , the risk to reward has a lot of potential (considering price won't move to 0) with the risk being low and the potential rewards to be rather outlandish considering the position in the market. The fib tool is using a method I've come up with using the positive powers of two...
Daily chart on left highlights Adam and Eve reversal pattern (A&E). With A&E reversal pattern we need the bottoms to be more or less at the same level for it to be valid. On the ICX/BTC chart it is a little stretch to call it the same level, but on ICX/USD it fits nicely. A&E reversal has a V shaped bottom (adam) followed by a rounded U shape bottom (eve),...
When things are feeling bleak, remember to zoom out. On the daily chart things still look pretty bullish. We made an attempt to break through 10k (a big psychological resistance) which was also the neckline on an inverse head and shoulders bottom. Which didn't quite make it. I don't think this has invalidated it, it just needs another go, and BTC frequently...
On the daily chart, there is a large, active, double bottom bullish reversal pattern known as the Adam and Eve. The shape of the pattern typically has two distinct valleys that differ in shape and together hold a descending volume profile. The traditional long entry occurs after pattern completion on the breach of horizontal resistance with high volume at...
Bullish pennant in blue and in red Adam and Eve famous couple.