Option Adam & Eve Pattern BTC

In the Chart is a possible Adam & Eva Pattern, the decisive factor will be the breakout zone of Adam and Eva Pattern, which could serve as a support zone.
In the Chart is a possible Adam & Eva Pattern, the decisive factor will be the breakout zone of Adam and Eva Pattern, which could serve as a support zone.

However, the higher timeframe offers considerable risks of relapse. The whole removal of the yellow box in Adam and Eve could shape the price into a potential double top or in a head sholder. A breakout above the previous high could reveal much higher targets. 

Trendlines with option Adam & Eve Pattern
Trendlines with option Adam & Eve Pattern



Comments
Apr 18, 2024
Thank you for this nuanced take on the Adam & Eve pattern in the BTC chart.
Apr 18, 2024 Edited
The reaction at the 50% mark of the box projection is remarkable. Thanks for sharing