roosgart

Huobi token and Bitcoin negative price correlation

Long
roosgart Updated   
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.

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

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