BTC Adam & Eve double bottom
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Hello traders,
investors, bears & bulls and all you newcomers
Today I would like to share with you Educational TA. The chart shows possible Adam & Eve doubble bottom pattern forming as title says
The Adam & Eve double bottom is a chart pattern that performs best in a bear market.
Double bottom pattern which occurs when price drops to a low and forms a valley, rises, and then forms a second valley near or at the same price as the first one.
The shape and average price rise action of the double bottom can vary from pattern to pattern.
Adam bottoms are narrow, often one-day price spikes.
Eve bottoms are wider and more rounded looking. Eve bottoms may also contain price spikes, but they tend to be shorter and more numerous.
more in the TA
Hope you find this info helpfull :)
investors, bears & bulls and all you newcomers
Today I would like to share with you Educational TA. The chart shows possible Adam & Eve doubble bottom pattern forming as title says
The Adam & Eve double bottom is a chart pattern that performs best in a bear market.
Double bottom pattern which occurs when price drops to a low and forms a valley, rises, and then forms a second valley near or at the same price as the first one.
The shape and average price rise action of the double bottom can vary from pattern to pattern.
Adam bottoms are narrow, often one-day price spikes.
Eve bottoms are wider and more rounded looking. Eve bottoms may also contain price spikes, but they tend to be shorter and more numerous.
more in the TA
Hope you find this info helpfull :)
Ghi chú
Godmod indicating caution at the exact point of bull divergence
Ghi chú
Would like to mention that there is hidden bull divergence between the Adam & Eve on the weekly chartGhi chú
So far Shes looking good :) (Eve)Ghi chú
We had today nice retest and small bounce on the EVE rounded bottom lineGhi chú
Now closing this 4h candle could give us 1. confirmationGhi chú
Ghi chú
Giao dịch đang hoạt động
So far so good :) Hope you added more ;)Ghi chú
Ghi chú
Giao dịch được đóng thủ công
After these bullish days I´m taking some profit here on my red resistance line and watching for re-entry in highly likely upcoming pullback Ghi chú
Ghi chú
Ghi chú
Ghi chú
Ghi chú
Reworked EVE lineGhi chú
Ghi chú
Ghi chú
If you want "safe" trade wait for the backtest of the breakout line Ghi chú
Because shorts are increasing. Im watching for a pull back and line retest.Ghi chú
BTC kissed the green trendline. I´m expecting formation of another higher low here 
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