Long
Aggiornato

Huobi token and Bitcoin negative price correlation

273
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.

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

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.