If we get acceptance above 52k, I see a new ATH likely to happen.
If we get a lot of buy volume upon taking the swing high at 52k, and get below the level, I would take a short. Aiming for at least the lows of the range, or the absolute low of the wick (41,7k).
Long btc at 47k if there are trapped shorts when hitting the level.
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Currently CVD bullish divergence on higher timeframes. If we don't take the low of 46.500 This divergence would still be...
Monitor the volume if we take the lows, trade it up to the weekly + GP
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Currently no sign of strength so no need to rush into trades
I posted an idea that I think ADA is in a Re-Accumulation face (See the idea I posted before this one).
If it is in Re-Accumulation, it could continue it's rally after the creek like I have drawn in my first idea.
Another possibility is that we will see a spring before heading up to higher prices *so be aware!*.
