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Adamandeve

GOBTC nice breakout on daily 🦐GOBTC nice breakout on daily after the price created an Adam and Eve Pattern. We are waiting for a retest. The price could visit the weekly trendline (red one, left chart) According to Plancton's strategy, we can set a nice order check my previous idea ––––– Follow the Shrimp 🦐 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.
GLong
by InkyGrip
7
KAVABTC – Adam and Eve 🦐According to Thomas Bulkowski's Encyclopedia Of Chart Patterns, the Adam and Eve formation is characterized by a sharp and deep first bottom on high volume (Adam). The stock bounces and develops a more gentle correction, printing a second bottom (Eve) on lower volatility. Eve's rounded bottom takes longer to develop than the Adam spike and it is characterized by lower volumes. Price action congests into a tight range and the stock then breaks to the upside. The top of Eve marks an excellent entry point when broken. The resistance is often located along the top of the center retracement pivot. Sometimes they occur at the end of parabolic rallies. The opposite is true when the Adam and Eve formation identifies a top. Risk must be managed very carefully. Sometimes you might conclude that a bottom has been reached, only to discover that it's a breakout to new lows. Further, stop-losses must be applied with discipline. Don't stick around too long; the failure of this pattern will gain downside momentum quickly. Entry is not easy from the psychological perspective, because sentiment will be negative during this type of market action and volatility will be high. The potential for short-term profits is high, because the reversal, when successful, is explosive.
by InkyGrip
BTC/USD Adam and Eve double bottom on a daily chartBulkowski's Adam & Eve Double Bottom is a bullish chart pattern with twin bottom at about the same price. "Two distinct valleys that look different. Adam bottoms appear first and are narrow, V-shaped, sometimes with one long price spike. Eve bottoms appear after Adam and are wide and more rounded looking. Spikes that appear tend to be more numerous and shorter on Eve bottoms." The current BTC/USD daily pattern looks just like that. Lets see how this one will play out. If it breaks upwards target is at least the depth of the formation which would take us close to 11k
BITSTAMP:BTCUSDLong
by Bullversitycom
1
ETHUSD 1h, primed for a breakout. Adam & EveHello fellow traders, Today we have the ETHUSD pair on the 1 hour candlestick chart. We can see a bullish chart pattern taking shape here. According to Thomas Bulkowski's Encyclopedia Of Chart Patterns, the Adam and Eve formation is characterized by a sharp and deep first bottom on high volume (Adam). The stock bounces and develops a more gentle correction, printing a second bottom (Eve) on lower volatility. Eve's rounded bottom takes longer to develop than the Adam spike and it is characterized by lower volumes. As you can see, we have he higher volume, and deeper downside on the first spike (Adam), and lower volume, with a gentle upside correction (Eve). I believe if ETHUSD 1hr candle closes convincingly above $205 it will open up a good long opportunity. Thanks for reading, let me know if you agree or disagree.
COINBASE:ETHUSDLong
by Vanilladelphia
1
Adam & Eve Double top pattern testing the neckline; Fakeout zoneThis is starting to look really ugly for bitcoin now as we are testing the neckline of what appears to be an upward slanted adam and eve double top. If we are to trigger the breakdown here we have a target of 4600-4700 which would be a horrible sign for btc as it would suggest a lower low from are most recent bottom is in store for price action. However we must remember it was this same time of year in 2018 where we were charting an adam and eve double bottom and it too went all the way to the neckline acted like it was goign to complete only to fakeout at the very last minute and destroy countless longs positions along the way....so learnign from recent history, there is still a very real possibility this pattern could be trying to accumulate as many shorts as possible here at the neckline in order to confirm a fakeout out the last minute and wreck a ton of shorts like it rekt all those longs in 2018...for this reason we must remain level headed here not buy into the FUD and wait for clear confirmation of either the breakdown or the fakeout. the eve portion of this potential double top is also an upward slanted 4hr chart inverse cup and handle so if only that portion of the double top pattern were to validate it in itself has a breakdown target of 5k. I personally think however it is either going to validate the entire double top or nothing at all if it confirms the fakeout. If it confirms breakdown target = 4.6k. For now we are still in the fakeout zone.
COINBASE:BTCUSD
by DrDovetail
5
LONG - ELF - Trading OpportunityDouble bottom Adam & Eve pattern on BINANCE:ELFBTC with accumulation showing on the RSI, looking like an impending breakout is coming. Entry: 0.00000713 Target 1: 0.00000769 Target 2: 0.00000839 SL: 0.00000683 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 authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 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, judgment or judgment 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).)
Long
by ElMomento
#bitcoin #xbt - Pattern X or Dump ?Good morning traders, let´s zoom into the Daily for today and have a look at our actual odds & outs here and some possible moves. Fact 1: We have been in this downtrend-channel for an extended period of time, and a turn becomes more likely on every swing. Fact 2: We have a strong support keylevel (blue), if we fall through this, good night. ( OR -> FACT 4) Fact 3: As you know I don´t do forecasts, so I cannot tell you what exactly is going to happen. Fact 4: We have a couple of possibilities on hand for "Pattern X". This can easily turn out as: W-Bottom, Adam & Eve, inverted Head & Shoulders and some more. Fact 5: we don´t know IF and WHICH of these will play out. We need to see Bitcoin´s behaviour AT those levels (reactive trading). Trying to forecast this, can make you bleed. Fact 6: We also have two possible Necklines: 1. Horizontal and 2. the channel middle line, which would be a crucial first good try if broken. (We have talked about this in the last post) As usual I have marked in the chart for you what to watch out for + important levels. Have a nice week guys! Warm regards, Neru
BITMEX:BTCUSD.P
by Gl4diator
3