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Adamandeve

zoomed out 1 day chart to appreciate the chart pattern symmetry.just wanted to zoom out to show the current chessboard in its entirety and also my idea of when we may finally breakout of the bigger (for now speculative) symmetrical triangle pattern. The Adam & eve double bottom is one of the most picturesque symmetrical perfect adam and eve double bottoms I've sen in awhile...was amazing to watch the price action follow the right side of the double bottom exactly as I had laid it out as well as watching price action follow the dotted blue breakout target line up like it was magnetized to it. I think we can do 1 of 2 things here at this point...either jus continue to skyrocket up all the way to 13.1k and trigger the double bottom immediately or get rejected around 12k down a slight bit by what is currently the "hypothetical" top trendline of the larger green symmetrical triangle we may potentially be in. If the triangle is indeed valid I anticipate we will see a rejection down from its top trendline to send us back down to retest the double bottom neckline and scare people into thinking thee double bottom was a fakeout. However I believe that if we do retest the double bottom neckline ultimately it will maintain support and trigger the double bottom breakout...unless we're gonna fill the 8.5 gap afterall(slim chance but still somehow a possibility)I think if it gets rejected at first and confirms the validity of the larger green symmetrical triangle that we will then retest double bottom neckline and wait to breakout until the point where the triangle's top trendline and the double bottom neckline converge as shown here on my chart...everything else has behaved with some stunning symmetry so far here so for it to break out where they converge would only add that much more perfect chart pattern symmetry and confluence. the right half of my eve bottom played out perfectly lets see if this one does as I anticipate as well.
COINBASE:BTCUSDLong
by DrDovetail
#bitcoin - Back to Breakout-Level "H4"Bitcoin has recovered back to the Adam and Eve´s breakout-level. We have two clearly defined ways to be double prepared for what´s going to happen next. Currently, be patient. Even if you will miss 1-2% either direction, it´s more important to catch what´s happening in between rather than losing money whilst being stopped out several times due to pre-mature position-taking. Action ahead. ------------------------------------------------------- Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
#bitcoin - "H6" falls below Monthly PivotOvernight the A&E could not break out. At this big resistance, it seems fairly normal, that people started to take some profits. The big question is now, do those swap to open short-positions? So far, we simply don´t know. The first drop got us below the Monthly Pivot and stopped at the SMA200. The A&E has not failed yet. A little sideways between P-M and R1-W would be ok and possible if building a top horizontal as breakout-zone. Price levels stay where they are, nothing changed. Monthly Pivot is key now. This needs volume on a break-attempt or it will likely fail. -------------------------------------------- Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
a look at the current adam & eve double bottom in play.last chart I showed the 3day golden cross and the 1 day falling wedge on the verge of being validated and now few days later it seems this is indeed the case. Neither of those are shown here because I wanted to clear the chart to focus on the adam and eve double bottom that has been rapidly developing. Keep in mind though the breakout target of the falling wedge is around 11.5k and we are rapidly approaching that target. We can see here on this chart the neckline of the adam & eve double bottom is right around 11.1k. So logically if we were to reach the 11.5k target of our falling wedge it would greatly increase the odds of maintaining support above the 11.1k double bottom neckline...were we able to maintain that support for 3 or so 1day candles we could the trigger the double bottom and head towards it's target around 13.1k. There's also the matter of the gap on the cmes futures chart at 8.5k but although gaps tend to get filled 94% of the time this could be one of the few 6% times that it doesn't. If we are going to end up filling that gap imo it would have to do a massive dump after reaching the falling wedge breakout then testing the 3day 50 and 200mas for a massive boucne support. If it doesn't and we do trigger the double bottom then odds are very good that gap wont be getting filled. We also currently still see the double top here in red has not been invalidated just yet but probability of it being anything other than a fakeout gets lower and lower as every new 1day candle is added.
COINBASE:BTCUSDLong
by DrDovetail
#bitcoin - Adam and Eve hitting P-M and Neckline-Area "H6"On the 6-hour interval, Bitcoin has hit the first possible reversal price and hit the Monthly Pivot overnight. With a medium-target of around $12200, Bitcoin has support delivered by the Weekly R1-Pivot around $10400 and the former breakout level around $10100. Decisions are made here. Be smart and have the bullish and the bearish opportunities ready to trade. The general target of this beautiful reversal-bottom-pattern is around $13k, which would hit back the former high and the Yearly R1-Pivot. Once the Monthly Pivot is surpassed, there is likely bullish volume starting to come in, which would be great for this pattern. Don´t underestimate this sort of chart formation, it formed our bottom at $3.1k and sent us into a parabolic bull-run. This would be the first high-interval Adam-and-Eve failing since I am in Crypto and watching BTC closely and I would consider a fail as extremely bearish. ______________________________________________________________________ Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
5
#bitcoin - "H1" Target 1 hit, D-R2 new SupportAfter BTC managed to pick up the Weekly Pivot, the Daily R2 is new support, whilst R3 could not be reached yet simply cause it found some resistance at the break-out level to go for a bullish higher-high, that comes from the "H6" where the Adam and Eve is still on track, picking up some volume. $10k important psychological border. A little retrace would be expected. We are not out of the woods yet. ___________________________ Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
XBTUSD H4 chart (7/31/2019)Good morning, traders. As with yesterday, not a whole lot has changed. Price continues to drift upward with no real conviction yet. Price dropped into the yellow box as I mentioned it was likely to do during yesterday's live stream and has now hit the upper yellow box I drew as well. It was an easy $350/$400 move for anyone paying attention during the stream. RSI on the H4 and H6 TFs finally made its way through the resistances that I have been watching. At this point, price is at the top of the high volume node that price has been working through, and above the H4 pivot, so a close above $9900 should have price clear for a move up to the R1 pivot and higher volume node at $10440. However, the lack of volume at this time remains a concern and could curtail any possible attempt at a move up. The H4 is on a TD 8 sell and Stoch RSI is topped out while price has found resistance at the same ascending resistance line that has been keeping it in check over the past 3-4 days. While none of this guarantees that price will reverse at this point, we would likely need to see a pop through that resistance, toward ~$10280/$10300, so that price can retrace back to that resistance and test it as support before reaching the target based on that small wedge's height which is the H4 200 MA at the HVN around $10730, just a bit above the H4 R1 and daily pivots8:27 AM 7/31/2019. The target based on the large wedge's height is just above the H4 R5 pivot at ~$13600. The purple vertical line denotes the time of the FOMC announcement. Up to this point we haven't seen BTCUSD react to any FOMC announcements, however this will be the first time that a rate cut is made (expected at this time). With the low volatility, this has the potential to be a catalyst but we will have to see how it plays out. If we can't see that pop, then it's increasingly likely that we will see possible hidden bearish divergence print as showing with the red line on RSI. Remember, this is in the process of printing but has not printed and confirmed yet. Yesterday's daily candle printed a TD 9 buy signal and today's daily candle appears to signal continuation up. As I have been mentioning, the D3 is printing hidden bullish divergence, as is the weekly, and may be in the process of confirming it. D3 Stoch RSI bounced off the bottom and is nearing a bullish cross. The D3 TF is printing a TD 9 buy signal, but this candle does not close for another 1.5 days, so anything can still happen by the time it does. The previous 3 days shows slightly expanding volume and increasing candle spread, but it's nothing significant yet. _____________________________________________________________ Be sure to hit the "thumbs up!" Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. You can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own. When you do, be sure to explore the other TFs to see what I'm watching on those TFs.
BITMEX:BTCUSD.PLong
by Chris_Inks
1
#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
#litecoin #ltcusd - Will it move first? 3D and H6Litecoin is the only one of the typical altcoins that can trigger movement, that has reached the former breakout-level as support. Same patterns as Bitcoin, and Ethereum. I am closely watching this Chart, on 3D it is clearly visible, that we should not break this former levels downwards, on H6 it looks also like a potential Adam and Eve that is pausing right now. Also here, no reason to take any pre-mature risks on this uncertainty and decreasing volume. ____________________________ Warm regards, Neru
BITSTAMP:LTCUSD
by Gl4diator
4
#bitcoin - Volume further decreasing H6We are experiencing a stage that is called "Pause". Not only is this typical for an Eve-Low it can also mark a stage, before bigger movements, and this here can certainly go on for another couple of days. No reason to take any risk at the moment, although some might to start picking up on longs now, we need to keep a close eye on the development of the volume. Breaking down the $9k I would not even think anymore that $8k is THE target, even wondering if that what some of my colleagues call capitulation wick is really needed to turn the game. New monthly Pivots coming up, could bring some volatility. Remember we have seen stages like this going BOTH ways. _________________________________ Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
XBTUSD H1 chart (7/29/2019)Good morning, traders. Things got interesting near yesterday's close with price dropping and then rocketing back up. This was a very strong reaction out of demand at $9100 following a low volume sell off. As a matter of fact, that pop up had the largest M30 volume that we have seen since July 18th and the swing low nearly found the July 17th swing low. This led to a large, $650 spread long-legged doji printing on the H4 and a slightly larger-bodied doji on the D1. Normally, in such a case, we would expect price to ultimately continue higher. With price finding support at the M15 pivot this morning, this is what we are going to watch for now but we have to keep in mind that we are still seeing decreasing daily volume. Until we see expanding daily volume coupled with expanding candle spread, there is no guarantee of either direction. In printing this swing low yesterday, price has potentially set up an Adam and Eve double bottom. A close above the swing high of $11132 would confirm this and set up a target of $13180 based on the height of the double bottom. The W1 printed tweezer bottoms which generally leads to a reversal to the upside, however H4 and H6 RSI haven't yet closed above their descending resistances yet. As I have been mentioning since last week, these are the main indicators I am watching for confirmation of a possible reversal to the upside. The D3 is still printing that hidden bullish divergence that we've been watching for a while now, so it has not been confirmed yet. But we also have the W1 printing hidden bullish divergence as well, and if this week closes higher, then we could see the confirmation on both TFs. Why might this week close higher in spite of all the bearishness running rampant on CT, TV, and YT? The FOMC is expected to lower interest rates this week. That will weaken the dollar and, as a result, anything valued against the dollar (all things held equal) should see a rise in that value. But first things first, price needs to close above the H1/H4 pivot at $9775, and in order to do that it needs to close above the H1 21 EMA which it is currently banging against. This will pull the H1 and H4 RSI's above their resistance which should indicate continued demand pressure. I have noted a few diagonal support and resistance levels to watch. If price makes it through the grey demand zone then I will first be looking for it to bounce off the S1 pivot just below $8860. Beyond that, I will watch for a bounce off the descending red support line. So nothing has really changed from last week. All this short term movement between $9100 and $10300 remains noise. _____________________________________________________________ Be sure to hit the "thumbs up!" Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life. You can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own. When you do, be sure to explore the other TFs to see what I'm watching on those TFs.
BITMEX:BTCUSD.P
by Chris_Inks
1
#bitcoin - Sell-Off not successful so far. Looking at this nights try to initiate of a breakdown the support level failed for now and has been bought back big times. This does certainly not mean we are out of the woods, but closing the week above the Quaterly Pivot was a good start, especially with a spot-landing on the potential low of the potential Adam and Eve. We do know this pattern well from our $3k-bottom, so don´t laugh at it or even ignore it. It will certainly be invalidated if we breakdown, but that´s not the case yet, it has been defended. With the new Weekly Pivot just above the price around $9.8 (red label) and the Trendline coming down, this is the mark, that we have to overcome to make this A&E possible. Too early to trade. ____________________________________ (This is a follow-up, I missed the whole thing cause watching Fortnite WorldCup, CONGRATS to BUGHA, you a hero man!! ;-P) Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
3
#bitcoin - Reversal Adam and Eve Bottom still in the GameEven though Im stuck on my Television due to the Fortnite WorldCup (No Joke) I never forget about my plans, and even there was a further drop, I am still not concerned yet, the small Cup and Handle did not play as it should and in my opinion a little sell-pressure is out of the market, I won´t short this anymore unless we break down the marked area + the weekly S1 (support right now) going all the way to the next Support-Level. The neckline of this Adam and Eve ist still around $11k and the target is around Breakout-Levels and the Yearly R1. I am not going to forecast we will do A, B or C, it doesn´t make any sense. As usual, trade what you see and not what you think could happen. This is one of several possible scenarios my colleagues are presenting some different, which are also fairly possible. Cheers. ____________________________ Warm Regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
#bitcoin - Trendline and possible A&E on H6Dear Traders, even though the $8k are still fairly possible, we should not only focus on the negative. Right now we are definetely hanging around this trendline and couldn´t push through yet. The possible Adam and Eve reversal pattern is not confirmed yet, and we need to see how it develops, once it is hitting it´s neckline, we should get ready to trade with two plans as usual. Important prices are tagged. #dyor #nofinancialadvice ______________________________________ powered by MultiPivots and NeruSuite v5 Telegram @NerubicaC
BITMEX:BTCUSD.P
by Gl4diator
ADAM AND EVE SPOTTED?BCH(Bitcoin Cash) is currently $340 from $300 and is very...very bullish atm i was studying the charts and i spotted something that may be a bullish Adam And Eve what is an Adam and Eve? it is a double bottom.. usually after a adam and eve is spotted an uptrend begins.. there are invert/bearish adam and eves but this is bullish what do you think? BCH is looking very bullish. id buy in it but dont take my ADVICE SERIOUSLY research it! RESISTANCES: $350 $380 $400 $450 SUPPORT: $320 $300 $280 $250 $220 Have a great day!
BITTREX:BCHUSD
by CryptoKidX
2