After a good breakout, the total market cap is currently retesting above the neckline of the Adam & Eve pattern. A bullish trend is being determined by the MA 200.
The continuance of the bullish surge would be verified by a successful retest above the neckline. If the retest is unsuccessful, the price will capture liquidity below the horizontal support and bounce after attempting to test the MA 200.
BASIC INFO
Adam and Eve is a bullish and bearish reversal chart pattern that appears in a downtrend or uptrend. The pattern was first mentioned in the book Encyclopedia of Chart Patterns by Thomas Bulkowski, and until these days, it is a relatively unfamiliar classical chart pattern to many traders worldwide.
Stay tuned I will keep updating
This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.