Eightchains

Potential for ADA to Outperform BTC in the Mid Term

Long
BINANCE:ADABTC   Cardano / Bitcoin
A technical analysis of the ADA BTC pair in the long term group of time frames (1W, 2W, 3W, 4W), mid term group of time frames (3D, 6D, 9D, 12D), and near term group of time frames (1D, 2D, 3D, 4D) using the Phoenix Ascending indicators and the Bad Ass Bollinger Bands , which are publicly available. Please see publications by David Ward @WykoffMode to learn more about the proper interpretation of these indicators. There is potential for BTC to outperform ADA in the near term group of time frames (1D, 2D, 3D, 4D) and for ADA to outperform BTC in the mid term group of time frames (3D, 6D, 9D, 12D). Although a higher high is possible in the 1W, lower highs are possible in the 2W, 3W, and 4W.

This is not financial advice. I am not your financial advisor. These are my opinions.
Comment:
Comment:
Comment:
Potential to observe higher high for ADA versus BTC in the 6D, 9D, and 12D time frames.

Comment:
Potential to observe lower highs in the 1W, 2W, and 3W time frames.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.