BTCUSDT: Double top, Eve & Adam.

21 cze 2023

This easy Adam & Eve Top can give traders a high profit short sale opportunity. The price usually don't draw a third high prior to entering a bear market.

27 cze 2023

Uwaga

Everything as expected, the price is struggling at the resistance and currently losing the EMA50 on the hourly chart.

28 cze 2023

Uwaga

The very strong support of the EMA50 on the hourly chart, that allowed the price to go from under 25k to over 31k, was confirmed as lost. Probably we are gonna see a bearish weekend.

5 lip 2023

Uwaga

On the weekly timeframe, there is a notable bearish divergence coinciding with the occurrence of the double-top pattern.

24 lip 2023

Uwaga

The bears are now in control and they are probably eyeing the big liquidity around 27K and especially 24K.

1 sie 2023

Uwaga

Even if this second top looks not anymore like an "Adam", it remains a second from the double top and I expect at least 24K to see.

12 wrz 2023

Transakcja zamknięta: osiągnięto wyznaczony cel

I think we can conclude that this idea was successful.