Bitcoin Adam and Eve Update

If we look back on the previous ADAM and EVE pattern that was spotted few month ago, this pattern seems to be in strong play with price approaching its final target which also equivalent to the possible end of the rising wedge at 5800-6000$.

When this target is reach market is expected to go for strong correction.

Fingers crossed to see how this develop.

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Actually the pattern has 3 targets which are included in the form of OABC:

first part of the target is from |OA| of the ADAM which stands for the final target of the pattern,
the length of |AB| Stand for Medium Target,
the |BC| is for the short target.

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BTC exhibits potential three drive principles, with the 3 drives been completed. We have important level around 5175 to 5000$ level

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What a nice update, BTC move as exactly predicted.

İşlem kapandı: hedefe ulaştı:

final pattern target is achieved.