#Total market cap breakout this Adam and Eve pattern!

TOTAL MARKET CAP ANALYSIS

After a good breakout, the total market cap is currently retesting above the neckline of the Adam & Eve pattern. A bullish trend is being determined by the MA 200.

The continuance of the bullish surge would be verified by a successful retest above the neckline. If the retest is unsuccessful, the price will capture liquidity below the horizontal support and bounce after attempting to test the MA 200.

BASIC INFO

Adam and Eve is a bullish and bearish reversal chart pattern that appears in a downtrend or uptrend. The pattern was first mentioned in the book Encyclopedia of Chart Patterns by Thomas Bulkowski, and until these days, it is a relatively unfamiliar classical chart pattern to many traders worldwide.

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