BTCUSDT: Double top, Eve & Adam.

2023年6月21日

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.

2023年6月27日

註釋

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

2023年6月28日

註釋

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.

2023年7月5日

註釋

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

2023年7月24日

註釋

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

2023年8月1日

註釋

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.

2023年9月12日

交易結束：目標達成

I think we can conclude that this idea was successful.