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Adam

RUNEUSDT Adam & Eve Rune has formed Adam&Eve double bottom. After double bottoms generally a bullish trend starts but in Rune case double bottom pattern failed because market don't have enough momentum to break its resistance and as a result Adam&Eve double tops are formed but bearish trend isn't started yet after double top because market is in its support zone and testing both its support and resistance to start a new trend. So now we have to wait for the next market move if the support is broken then we will face a bearish trend and wait for the next buying zone. But if market break its resistance and makes its support at that zone as shown with red dotted line in chart then it will be the next buying point.
by Ahmed_51
OPEN - Adam and Eve breakupAdam and Eve is a kind of double bottom. The entry is triggered as it breaks above the neckline of the pattern. The expected A&E price target will be the equi-distance from the low of the A&E pattern to the neckline, projected up from the neckline ("D" on the chart), which brings it to about 23.50. Initial stop loss will be placed just below 17 and I will trail the stop up when trade goes our way. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
NASDAQ:OPENLong
by Juliac
2
$PLTR needs a weekly close over 25.94I am mega bullish on the stock. But I want confirmation on bullishness, and the best confirmations are closes above bear candles' high. We are forming an Adam and Eve bottoming pattern. There is still a chance we make a handle, depending on the market price action. Or price just breaks 27.5 without any pullback. In which case I already have a position at an average $24.08 Both daily and weekly chart are on TD D-Wave 3. For those trading waves, entries are at wave 2 or at the break of high of wave 1.
PLong
by kidze
$LINK: Pitchfork still providing clear S/R levelsHey yall. I think $LINK is looking really good here! We've seen a pretty clear A&E bottom with higher lows being created! As you can see the blue 1.0 pitchfork prong that acted as such strong support is now acting as a clear resistance! If we go back to re-test that 19.50 levels where we previously held and failed, I'd expect a bounce to above 20 and to continue our way back up! Fundamentally SWIFT news and the amount of integrations and partnerships only continues to grow for Chainlink. Smartcon is coming. Super linear staking is coming. Any $LINK price under 50 dollars is a gift. I've been buying these last few weeks. Long term plan still intact.
BINANCE:LINKUSDLong
by its_maxbro
4
Adam & Eve Double BottomsAdam & Eve Double Bottoms: Bull Market Results Overall performance rank (1 is best): 17 out of 39 Break even failure rate: 12% Average rise: 43% Throwback rate: 67% Percentage meeting price target: 69% The double bottom confirms as a true double bottom once price closes above the peak between the two valleys. See the figure to the right. Without confirmation you do not have an Adam & Eve double bottom, just squiggles on a chart. Source: (thepatternsite)
Long
by Crypt0_Ninja
AVAXBTC created an inverse Adam&Eve Pattern 🦐AVAXBTC created an inverse Adam&Eve Pattern, and the price broke the daily support. The price wants to test the next blue (daily) support. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black 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 the Plancton0618 strategy will trigger.
Short
by InkyGrip
2
SKLZ - Will this Adam & Eve work out?Congrats if you had entered near it's Adam and Eve's bottom @ 12.50 (a 76% gain by now!). I am still bullish on it at the moment due to the mini bull flag that has formed in the past few days and finally a close above it's neckline @ 12.50 yesterday. Let's see if the A&E target of $30 will materialise! Stop loss @ 18.90 for now. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
NYSE:SKLZLong
by Juliac
POSSIBLE ADAM & EVE FORMEDWill we see an XRPLOSION in the next 7-9 days? Time will tell A lesser known chart pattern is the Adam and Eve double bottom. This chart pattern is formed when one sharp V-shaped first bottom low is made on high volume. This is the first ‘Adam’ bottom. Then the price bounces back higher but later goes lower a second time to create a second cup shape as a second bottom that is the ‘Eve’ on decreasing volatility and a tighter price range. The Eve cup shaped bottom can many times be of a longer duration on lower volume than the Adam sharp bottom. This pattern is a type of double bottom on the chart and price action usually compresses into a tight trading range after both types of bottoms are in then many times will break out to the upside. This pattern is usually followed with a large up swing or trend higher after its second Eve bottom. A break out above the previous highest price in the Eve cup can be a good signal for a long entry point. The longer term resistance zone is along the top of the highest point between both bottoming patterns and this can be a secondary breakout signal. Waiting for a reversal and breakout of the eve cup versus buying earlier can diminish the reward with a later entry but can increase the odds of a success versus buying inside the Eve cup near the lows and risking a breakdown of the pattern to new lows in price. A stop loss set at a break of the lows of the Eve cup is an important tool for this pattern because if it fails it can be the signal for a new deeper sell off. Market sentiment is usually very negative as the second bottom is made and it can be hard to buy psychologically but rewarding when it plays out as an upswing in price. The potential for good short-term profits is high as it has a great risk/reward ratio coming off the second bottom and a trend back higher can be very strong. Risk must be managed very carefully. Stay open minded that anything can happen. The second bottom must hold as support as a failure to form a cup and a break to new low prices signals a pattern failure. The Adam and Eve formation can be inverted to identify a double top pattern and signal a looming downtrend in price. Good LUCK XRP ARMY STAY STRONG
POLONIEX:XRPUSDLong
by AdonisB
ET - Adam and EveET formed a bullish A&E formation and broke above the neckline on strong volume on 7th May, creating a breakaway gap often seen at the early stage of a sustainable trend. It then pull back to retest the neckline before rebounding again (another classic breakup and retest to shake out the weak bulls). Long with initial stop loss below the neckline @ 9.28. Trail stops up as trade goes our way. Expected A&E target is around 13.80. No guarantees but the odds are in our favour. Disclaimer: TA is about improving our odds of a successful trade, but there is no guarantee. This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Feel free to le me have your comments! :)
NYSE:ETLong
by Juliac
2