LTCUSD 1D Adam & Eve Pattern [log scale]

2019年12月11日

While my prior cup and handle pattern is still a distinct possibility (the handle is still drawn on this chart), I was looking at the chart on a log scale and noticed that there is a nice Adam and Eve pattern which appears to be forming. What I can't answer is what the target would be if the log scale is on. The target is supposed to be the distance between the neckline and the bottom of Eve, but with log on, that actual value is only a target of 260. If you consider it as a distance on the chart the target is more like 800! When Log scale isn't on, the Adam and Eve pattern is much less evident, but could still be drawn. Maybe I'll post that view if it continues to form.