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BTC ETH CORRELATION CHART SHOWS DROP FOR ETH POSSIBLE
Bitcoin
Short
BTC ETH CORRELATION CHART SHOWS DROP FOR ETH POSSIBLE
By tricor2000
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Jan 23, 2021
2
Jan 23, 2021
As you probably know, BTC and ETH are correlated which can be seen in the CC indicator below.
Based on the drop in the BTC line on the chart, we will start tracking ETH for a short opportunity.
BTCUSD
correlation
Correlation Coefficient (CC)
ETHUSD
intermarketanalysis
Trend Lines
tricor2000
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