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".
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