ADA/BTC Fib Channels
Looking for a good entry on ADA on the bitcoin pair: Goal is to outperform bitcoin this coming bullrun.
Started with drawing some trendlines - cloned the best fitting ones to get the channels to appear.
i have drawn 3 fib channels - the middle one is the impulse structure which i have cloned to current price as of March 23rd. If ADA breaks out - best case scenario - it could outperform bitcoin by a factor of 3.
A drop lower very well possible too.
Other altcoins might offer better results. No investment advice.
Started with drawing some trendlines - cloned the best fitting ones to get the channels to appear.
i have drawn 3 fib channels - the middle one is the impulse structure which i have cloned to current price as of March 23rd. If ADA breaks out - best case scenario - it could outperform bitcoin by a factor of 3.
A drop lower very well possible too.
Other altcoins might offer better results. No investment advice.
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