AIXBT Preparing to Breakout From Classic Bullish Pattern! 🔥
📌 Timeframe: 1W
📌 Pattern: Adam & Eve Bottom
📌 Market Sentiment: From panic to patient accumulation, showing initial signs of slight recovery.
✅ Adam & Eve Pattern Details
🔸Pattern characteristics:
Adam: is a sharp bottom, formed by a vertical dump and strong shakeout below the $0.10 region.
Eve: is a rounded bottom, narrow amplitude, low volume and lasting many weeks — a textbook Eve pattern.
The middle peak (neckline) is around the $0.21 - $0.22 region, where it needs to break to confirm a breakout.
📈 Suggested Trading Plan
Early Entry: $0.165 - $0.17 (current accumulation zone)
Safe Entry: $0.22 when breakout neckline
Stoploss: $0.115 (below the Eve bottom area)
Take-Profit (TP):
🎯 TP1: $0.29 (first recovery peak after Eve)
🎯 TP2: $0.48 (resistance between downtrends)
🎯 TP3: $0.75 - $1.00 (if the market FOMOs with the AI trend)
💡 Overview
The Adam & Eve pattern is a special double bottom, very popular in the crypto market. Adam shows a "shock collapse", Eve is a quiet accumulation phase. If AIXBT has a cash flow pushing above $0.22, it is highly likely that it will enter a mark-up phase (strong price increase).
This is my personal opinion and not investment advice.
