After making a Double Top the crypto corrected 10% of target which is not a failure, minimum target of a pattern breakout is 10%. After giving a 10% return the crypto was trading in a very small range. We are expecting a breakout on upside, there are multiple reasons why we are expecting. Few of them are listed down.

The 2 Ema are nearby and are expected to trade below price. Ema has traded above the price for a long period

MACD is following the price move and a crossover is also seen suggesting that we might see an upward move in the coming day.

RSI and price are moving together which suggest strength in the move

BUY

Jul 27 2021

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