roosgart

Huobi token and Bitcoin negative price correlation

Long
roosgart Mis à jour   
HUOBI:HTBTC   None
Every time HT goes up Bitcoin price goes down

This represents a negative correlation between both assets

It can also show a general pattern found in some altcoins with respect to BTC

We expect a +3.4% additional gain in Bitcoin before it drops to its buying zone

We also expect -3.5% drop in Huobi Token price before its uptrend continuation

If you like this idea give it one like. Thanks and good luck.

Commentaire:
HT is testing previous resistance now support for a potential 14 % gain. Let's see its price reaction after 24 hours from now
Commentaire:
It seems that HB is testing the resistance and BTC has a pullback, let's see what's next
Transaction en cours:
HT nice support area lets see some consolidation before next leg up
Transaction en cours:
HT and altcoins move up :)
Transaction en cours:
AWESOME correlation! We have an indicator now ;)

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.