The BTC/XAU ratio is unusual but, imo, could add confluence to BTC’s PA. We often use majors like TOTAL, USDT.D, USDC.D, BTCUSD/USDT.D, BTC.D. ETH/BTC and BTC pairs to find confluence, so why not include this chart?
👉Why BTC/GOLD?
It highlights BTC’s relative performance against a traditional safe-haven, helping confirm bullish or bearish trends when aligned with BTC/USDT technical levels.
Personally, I analyse TOTAL and USDT.D to gauge BTC’s PA and identify 🗝️ levels, but I’m now incorporating BTC/GOLD to see how it performs. It’s not about complicating things - it’s just a bit of extra confluence, especially if it aligns with TOTAL and USDT.D.
Recently, we noticed something odd: majors like TOTAL and USDT.D hit our levels, but BTC didn’t. That’s why I’m exploring other charts (S&P 500, DXY, BTCUSD/10Y), to see how they align and whether they strengthen our analysis.
I’m watching a 4D demand zone + 23H HOB + TL support, checking how price reacts and if it lines up with our 🗝️levels on #BTC and #USDT.D (we’re eyeing 6.5% on USDT.D as HTF resistance/EP).
I’ll keep updating as I test BTC/GOLD’s reliability with BTC. 🥂
👉Why BTC/GOLD?
It highlights BTC’s relative performance against a traditional safe-haven, helping confirm bullish or bearish trends when aligned with BTC/USDT technical levels.
Personally, I analyse TOTAL and USDT.D to gauge BTC’s PA and identify 🗝️ levels, but I’m now incorporating BTC/GOLD to see how it performs. It’s not about complicating things - it’s just a bit of extra confluence, especially if it aligns with TOTAL and USDT.D.
Recently, we noticed something odd: majors like TOTAL and USDT.D hit our levels, but BTC didn’t. That’s why I’m exploring other charts (S&P 500, DXY, BTCUSD/10Y), to see how they align and whether they strengthen our analysis.
I’m watching a 4D demand zone + 23H HOB + TL support, checking how price reacts and if it lines up with our 🗝️levels on #BTC and #USDT.D (we’re eyeing 6.5% on USDT.D as HTF resistance/EP).
I’ll keep updating as I test BTC/GOLD’s reliability with BTC. 🥂
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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.