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tricor2000

BTC ETH CORRELATION CHART SHOWS DROP FOR ETH POSSIBLE

Short
Bitcoin (BITSTAMP:BTCUSD)  
tricor2000  
BITSTAMP:BTCUSD   Bitcoin
Trend Lines Correlation Coefficient (CC) correlation intermarketanalysis BTCUSD ETHUSD
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trendline correlationcoefficient correlation intermarketanalysis btcusd ethusd
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.
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