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Bitcoin // Possible Adam + Eve

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Hello,

Beginning with the 1D chart on CME we can see the birth of Adam and Eve taking place. At the same time we can see a shooting star ready to be confirmed. This points to the possibility of printing a handle for A+E. Also a cross between the 8D MA and 21D MA is about to occur.

Below it, we find a gap. Although I believe we shouldn't wait for a gap to be filled, we can find support near it if we get a short-term dip. Or break in and fill it. A daily close below the gap can null the pattern and a triple bottom can occur, although I don't expect that to be the case. If Adam and Eve gets invalidated, a bounce at the bottom of the bull flag is highly possible.

Above it, we can confirm the pattern and continue the run above the bull flag to a target of $13,900 and beyond.

- B

12hr:

4hr:

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We have yet to close above the channel on the daily. I'm looking to buy in at $11120-$11200.

注释

$11200 dip hit on spot price. Theres a possibility we continue dropping to $10500-$10600. But I like this bounce, its near the neckline of the adam and eve and i feel comfortable with it. If a $10500 opportunity presents itself, id welcome it gladly.