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Adameve

BTCUSD H1/D1 charts (3/8/2019)Good morning, traders. Price continues to press upward in spite of the overhead supply. Because this is happening within sideways movement there isn't much to say today other than the weekend is upon us and we usually see a strong move during that time, so traders should be keeping that in mind regardless of the direction of their trade. The H1 chart shows an Adam and Eve double bottom pattern that forms the local TR. Price is printing a slightly ascending channel as it consolidates toward the $3900/$3940 resistance level. RSI continues to print a descending broadening wedge and MACD completed a bullish crossover earlier this morning and is pulling away from the signal line. The targets remain the same with the expectation of a move up to $4134, at least, based on the height of the double bottom pattern and local TR. Traders should be keeping an eye on volume and price action as price pushes through $3950 and $4000 to get a better idea of how price will react as it nears the target. As mentioned previously, the target has the potential to print a cup, followed by a handle, which would then have price targeting $4700+. D1 chart shows two previous days of doji candles printing slightly higher followed by today's candle which is much more significantly bullish at this time. However, there is still more than 1/3 of the day left in the candle and we need to see the expected follow through. MACD is about to cross bullishly. Be sure to refer to my previous analysis for other possible targets. Yesterday's D3 candle completed strongly bullish and engulfing the previous D3 candle while closing above the 21 EMA and pivot. The weekly candle is looking good at this time as well. Price continues to hold above the 50% level of the December move up, which is bullish. As we discussed a month ago, weekly price is finding itself consolidating between the 200 MA on the bottom and 200 EMA on the top. A close above $4100 would put price above that 200 EMA resistance level. A close below $3885, however, would put price below the 200 MA support level. 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. Remember, 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.
BITSTAMP:BTCUSDEducation
by Chris_Inks
BTC ADAM & EVE pattern points to $5200 after breakout!BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD BINANCE:BTCUSDT BITMEX:XBTUSD KRAKEN:XBTUSD The ADAM & EVE pattern is classic one, but quite rare and only valid in long-term time-frames, in this case the daily chart! Despite being a rare figure, it is quite simple to operate and set your target. The best entry is at the neckline breach and the target is the distance between the neckline and the EVE bottom, projected upwards. Now it's time to hope that this pattern will be confirmed with a breakup in the coming days/weeks so we can surf that big wave up. Please, leave your like, it is very important to me! God bless!
BITMEX:BTCUSD.PLong
by LiuTrader
11
BTCUSD Potential FractalPotential fractal playing out on BTCUSD. This aligns with my personal assessment of the approach to the A&E neckline on the 4 hour chart, as shown below: Given the long fib over-extension to 3.618, I believe we are due for a correction, but it will be choppy and slowly drawn out. I also believe that this will grant us a chance to revisit the .618 ($3,660) of the range that we have been within since December 17th. As always, exercise proper risk management and adjust to the situation as it develops. There are many critical points around the current range that may greatly impact projections for the coming periods.
BITFINEX:BTCUSD
by checkm8
Bitcoin: Adam and Eve formation showing 4450.BTCUSD is forming what looks like an Adam and Eve formation on 1D (turning neutral on RSI = 53.944 and bullish on Highs/Lows = 70.9091). What is more interesting is that it was achieved within the 1W 200 MA/EMA (drawn by hand due to cross chart conflict). This pattern suggests that a bullish target should be pursued with the distance of the Bottom to the Resistance being equal to the distance from the Resistance to the Target. Therefore that puts the TP at 4,450. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
BITSTAMP:BTCUSDLong
by InvestingScope
10
ETHUSD - Adam & Eve confirmation above $115 This pattern doesn't appear often because stop runs make uneven bottoms or because a higher low rather than equal bottoms is much more attractive as far as cups going ups is concerned. Quite the price point to be at. There is a chance that a failed breakout will mean new lows, which is dangerous for Ethereum if its $100 psychological support is not held again. It would be a fat short down to something ridiculous. Maybe $12. Lol!
BITMEX:ETHUSD.PLong
by NeoButane
BTC/USD 1H/1D charts (11/28/2018)Good morning, traders. Bitcoin showed some bullishness overnight which shouldn't have surprised anyone. Looking at the 1D, we can see bullish divergence printed in RSI between 11/24 and 11/26-11/27. This has led to almost the largest daily move up since July. A few hundred more dollars of appreciation before the daily close would cement this. The question now is whether this is the beginning of a reversal or if it's just a brief reprieve before a trip to $3000. I realize many people are calling for a quick trip to $4300 or even $4800 followed by a drop down to below $3000, but if we hit those targets quickly, especially the latter, then such a strong move back down wouldn't support the bullish divergence narrative. Because this divergence happened on the 1D TF, we should expect more than a day or two of upward momentum. That doesn't mean price can't go down, just that as traders we should always recognize patterns and indicators that are playing out and their general expected relation to price movement. As I mentioned during yesterday morning's live stream, we need to see a close above the swing high at $4120 to even begin thinking about a reversal. That marks the confirmation level for the double bottom and will set up a target of the $4760 area which gets price right into supply. I don't believe we can see price initially pushing through supply at $4700-$4900 unless we happen to hit a strong pocket of shorts right below it. The expectation is usually to hit supply, drop back, and then push through on the second or third attempt, depending on just how deep the supply runs. This double bottom isn't as significant in the overall price movement of 2018 as the bottoms are very close together, but in terms of a shorter TF, it does provide fuel for a bounce at the very least and that's what we are currently experiencing. It is important to note that last night's move pulled price through the descending channel's resistance which has been present since the beginning of the drop, itself a bullish move and possible signal of a reversal. Further continued bullishness by the close of the 1W in four days would print tweezer bottoms which is a reversal signal. As an aside, price also broke out of the 1D symmetrical triangle. I'm not giving that pattern a lot of weight due to its very short printing, but the price target based on the size of that triangle would be around $4575. A push toward that level would align with resistance of the descending broadening wedge. This would provide a likely place for price to retreat, so any push through and close above it gives a possible reversal a lot more teeth. Finally, 1D RSI has finally moved out of oversold, which it has been in for two weeks, and is currently sitting at 30.34. The candle closing at this level or higher would be bullish in the short term, at the very least. I mentioned yesterday that I am expecting some resistance around $4340 and, today, Bitstamp is showing noticeable supply at $4280 and strong supply at $4350. This aligns with the overlapping 1D supply. I also discussed how OBV was looking weak on that TF but a move up through the end of the day would change that, and that's what happened. Daily OBV continues to print higher lows and highs supporting the current price appreciation narrative. None of what I said guarantees that a reversal from the lows is in progress, but it does start to build a case for it. Traders need to remain aware and employ strong risk management as always. I will be taking a closer look at these patterns and targets during this morning's live stream. Remember, 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.
BITSTAMP:BTCUSD
by Chris_Inks
ZILBTC - Long - Adam & Eve Most of the alts are forming Adam & Eve pattern as XBTUSD keeps holding and pumping, alts will keep pumping for a few hours (maybe days), ZILBTC is among those alts. We have 2 types of play, choose the one that fits your trading style. Conservative play: wait for re-test of Tenka on regular ichimoku settings Entries: 0.00000635 Target 1: 0.00000741 Target 2: 0.00000813 Stop-loss: 0.00002005 High intensity play: market-buy right now (663 satoshis) Entries: 0.00000663 Target 1: 0.00000741 Target 2: 0.00000813 Stop-loss: 0.00002005 Disclaimer CryptoCue is not providing individually tailored 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. Investors should consult their registered financial adviser before investing. CryptoCue is not registered to provide investment advice and is simply providing an opinion, giving a particular experience. Information contained here is not an offer or solicitation to buy, hold, or sell any security. CryptoCue is not a broker-dealer or financial adviser and is not affiliated with an investment advisory firm and does not engage in activities that would require such registration. CryptoCue and/or any others affiliated with CryptoCue, are not responsible for any gains or losses that result from the opinions expressed herein. CryptoCue makes no representation as to the completeness, accuracy, or timeliness of the material provided and all materials are subject to change without notice. Opinions discussed herein have not been reviewed by the securities and exchange commission or any state securities regulatory authority.
Long
by ElMomento
Adam & Eve and Head & ShouldersHello and welcome to my first demanding and challenging prediction :) I will talk about two scenarios... It seems to me that Adam and Eve formation is to be followed after the confirmation at the 9200 level. From now on, we can expect a handle form between 11500-11800; And then, a strong upward movement is expected. If it breaks the resistance (the handle form) then, in my opinion, it may go up to 15000s until 23.07.2018. BUT , I have also a scenario B due to possible Head and Shoulders formation. If it cannot break the resistance at the end of May, BTC may fall dawn first to 8500s, and then even under 7000s. When? The fraction point is 28 May 2018. Scenario A: If we break the resistance levels of 11500-11800, then, to the moon. Scenario B: If we cannot break the resistance, then we will fall dawn to 8500s on 23.07.2018; On this day there will be another test. If we cannot go up, probably we will hit 6500s on 17.09.2018. Disclaimer: I'm a newbie, so, don't take this as an investment advice, #DYOR With love from Turkey :)
BITFINEX:BTCUSD
by Arguman2