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$BTC Bitcoin Adam & Eve double bottom
Yet another perspective here. There is a couple of these on the lower time frames, as well as across the market.
Looks like its taking shape of adam eve, double bottom . Real distinct impulse down, ABC up, and a rounding bottom reaccumulation. This is also similar to a well known Wyckoff accumulation schematic.
Back above the inflection zone there with a nice engulfing candle. Looking at past past action correlation, if we hold 22,900, 23,200 would be the first target.
Looks like its taking shape of adam eve, double bottom . Real distinct impulse down, ABC up, and a rounding bottom reaccumulation. This is also similar to a well known Wyckoff accumulation schematic.
Back above the inflection zone there with a nice engulfing candle. Looking at past past action correlation, if we hold 22,900, 23,200 would be the first target.
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