Cardano looks ready to trigger an Adam & Eve double bottom
We can see considerable amount of volume has accompanied the current big green candle that has broken above the Adam and Eve double bottom neckline here. This type of volume impulse usually signifies that a breakout of a pattern has been confirmed. However, this being only a 4hr timeframe, we must be prepared as always for the first breach of the neckline to potentially be a fakeout. For now though, it is looking like it wants to validate and head up to the $1.28 region.
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