BTC Adam & Eve double bottom

Apr 7, 2018

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 :)

Apr 7, 2018

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Godmod indicating caution at the exact point of bull divergence

Apr 9, 2018

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Would like to mention that there is hidden bull divergence between the Adam & Eve on the weekly chart

Apr 10, 2018

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So far Shes looking good :) (Eve)

Apr 12, 2018

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We had today nice retest and small bounce on the EVE rounded bottom line

Apr 12, 2018

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Now closing this 4h candle could give us 1. confirmation

Apr 12, 2018

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Apr 13, 2018

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Apr 20, 2018

Trade active

So far so good :) Hope you added more ;)

Apr 20, 2018

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Apr 22, 2018

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Apr 24, 2018

Trade closed manually

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

Apr 26, 2018

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Apr 27, 2018

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May 1, 2018

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May 1, 2018

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May 9, 2018

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Reworked EVE line

May 9, 2018

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May 9, 2018

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May 9, 2018

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If you want "safe" trade wait for the backtest of the breakout line

May 9, 2018

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Because shorts are increasing. Im watching for a pull back and line retest.

May 24, 2018

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BTC kissed the green trendline. I´m expecting formation of another higher low here