Adam and Eve Pattern (Double Bottom)
Bitcoin just printed the Double Bottom in the form of an Adam and Eve Pattern. The break-out target is also in-line with the 1.618 Fib.
Also the price managed to get above the 21MA on the daily chart and I think this is a positive short-term development.
If it breaks the Neckline, I’ll be waiting for a confirmation before entering a long position.
Also the price managed to get above the 21MA on the daily chart and I think this is a positive short-term development.
If it breaks the Neckline, I’ll be waiting for a confirmation before entering a long position.
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