ETH ''Adem&Eve'' bottem formation compared to BTC
Hi @Everyone,
In this chart we compared previous BTC bottem formation (2019) VS the current formation in the Ethereum chart.
'Facts'
- ETH has a confirmed Swingfailure on the Daily Linear chart.
- It took 420 days of till we broke this trendline (swingfailure). (same as btc in 2019)
- Structure = Adem&Eve / or (potential acending) Both bottemformation patterns.
For futher conformation we want to see :
1. Swinfailure of the green trendline ( break and close above )
2. Breaking of the Neckline
We will update this post with some more charts and hopefully you are well informed how to make benefit's out of these updates.
Regards,
Team Quantistic
In this chart we compared previous BTC bottem formation (2019) VS the current formation in the Ethereum chart.
'Facts'
- ETH has a confirmed Swingfailure on the Daily Linear chart.
- It took 420 days of till we broke this trendline (swingfailure). (same as btc in 2019)
- Structure = Adem&Eve / or (potential acending) Both bottemformation patterns.
For futher conformation we want to see :
1. Swinfailure of the green trendline ( break and close above )
2. Breaking of the Neckline
We will update this post with some more charts and hopefully you are well informed how to make benefit's out of these updates.
Regards,
Team Quantistic
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