Hello Lads and Ladies,
Everyone is looking at the possible Head and Shoulders formation playing out and I have to admit that I was one of the first people to call this formation but as soon as I started seeing this TA almost EVERYWHERE, I got very sceptical and started looking for reasons against my own TA.
First of all, this is the ugliest and weirdest HnS...
BTC - Yellow
BCH - Green
BTG - Pink
Since BTG was created it has been highly correlated to BCH.
Since B2X fork was canceled both BCH and BTG have shown similar negative correlations to BTC. Both BCH and BTG prove to be strong BTC hedges.
Dec. 18 - BCH shows significantly stronger negative correlation to BTC compared to BTG. This leads me to believe that BCH is...
