Bullish Case:
We can expect ADA to squeeze at any time now, I am more bullish on
these type of patterns, with a tight stop stop loss but enough breathing
room and you should be in the clear, rolling stop? 35% drawdown = Not Too ShaBBY,
;). Remember this is only a short/mid term analysis. Over all crypto is heading
SOUTH.
Bear Case:
We have a lot of room to the downside but a retracement is due.
Over a month + of solid downtrend and a FAKE-OUT to the short side would
not surprise me - While the move is exhausting, I am confident enough to see
slight retest of MACRO support before alleged "DEAD CAT BOUNCE".
We can expect ADA to squeeze at any time now, I am more bullish on
these type of patterns, with a tight stop stop loss but enough breathing
room and you should be in the clear, rolling stop? 35% drawdown = Not Too ShaBBY,
;). Remember this is only a short/mid term analysis. Over all crypto is heading
SOUTH.
Bear Case:
We have a lot of room to the downside but a retracement is due.
Over a month + of solid downtrend and a FAKE-OUT to the short side would
not surprise me - While the move is exhausting, I am confident enough to see
slight retest of MACRO support before alleged "DEAD CAT BOUNCE".