Hello traders! Here we have a daily BTCUSD chart where we might have a possible Adam & Eve Double Bottom Formation. Potential target for the Adam & Eve formation calculation goes as follows:
$11,780 + ((11,780 - 5,920) x 0.66) = $15,647.60
TARGET (in Red): $15,647.60
Break above $11,780 serves as a Pattern confirmation (in Pink).
*** Potential 32% gains ***
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@sifeij, oh just gorgeous my friend! And its starting to look more and more like we might get a confirmation sooner than later if we can break thru major resistance points. To the moon!
@stackit, That totally matches what I am thinking. We might be hitting 13800 first, then stall. We will see. Thank you for sharing, just followed you on twitter.