The crypto is forming a Double Bottom Pattern.

Double Bottom Patterns at Low are successful. There are different types of Double Bottom. ADAM-EVE, EVE-EVE, ADAM-ADAM, here we are seeing an Adam and Eve Pattern. The Pattern has a good performance ratio, failures are rare, Throwback is common in the Pattern.

The Crypto has yet not made a complete formation, once the formation is complete with a breakout on the upside buying pressure can be seen. Volume after breakout is increasing.

MACD is indicating Upward move and RSI is also Respecting the price.

Opportunity Ahead

Aug 04 2021

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