Cardano breaking out of its Adam and Eve double bottom
Cardano ADA is breaking out of its A&E double bottom with a target of 2800 sats. As long as BTC continues its markup from its most recent accumulation trading range, I expect ADA and other alts to continue to rise during BTC consolidation periods.
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Throwback to the neckline in progress. If this neckline holds, it's pretty strong confirmation of this AE db.
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a break of the neckline on high volume and a subsequent rejection of the neckline concludes this A&E as invalid.