Ethereum: Adam and Eve Pattern Eyes $18,000 Target
Ethereum weekly chart forms Adam and Eve pattern with $18,000 target after 2027 neckline break, while 4h data shows oversold conditions at $2578.
SourceAnalysis
Trader Tardigrade highlights Ethereum forming an Adam and Eve pattern on the weekly chart, projecting a surge to $18,000 once the neckline breaks around 2027.
Price action now heads toward that neckline with the bullish structure intact through 2028. ETH price prediction models from similar setups in prior cycles show rapid follow-through once resistance yields.
On the 4h chart, ETH trades at $2578.11 testing lower Bollinger support near $2610.82 with RSI at 26.73 oversold and MACD at -18.5 confirming a death cross below EMA50 resistance at $2685.33, setting up a potential short-term bounce before the larger weekly breakout resumes.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.