Linkusd wants to attempt an Adam and Eve double bottom

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It is a descending Adam and Eve double bottom so uglier than the usual textbook Adam and Eve but as long as the rest of the crypto market breaks bullish it should operate the same way a normal Adam and Eve pattern would. Of course it hasn’t even really breached the neckline yet so its nothing to get excited about just yet only something to keep an eye on for now.

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ملاحظة

Link back below the neckline. No confirmation yet. An impressive fakeout though. I think despite the fakeout, there’s still a decent probability it will confirm a breakout eventually.

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ملاحظة

Link previously did 2 fake outs above the neckline before now being firmly back above that neckline. This should hopefully be the one that triggers. We will have to wait and see though if so the target is closer to 44-45 instead of 47

٢٧ أكتوبر ٢٠٢١

ملاحظة

Link looks like its finally ready to confirm this Adam and Eve double bottom. Bullish price action looks good above the neckline. The new price target is $45. Link just announced a partnership with Amazon web services too which should help it validate this time. After hitting the $45 target, it wouldn’t surprise me if not too much later we sit it hit a new ath, likely within a week or 2 of reaching $45.