BTC vs. NDX (Y22.P3.E1). BTC correlation with the tech space
Diupdate
Hi All,
#BTC #NDX
Is a good indicator.
When BTC starts to lose performance against the nasdaq, and we see many correlations in this space, we can also use it to find a reversal or a signal for key levels.
At this juncture, it seems we have yet more lows to go and what is likely resistance and support.
The MACD is showing bullish divergence so its likely we will have a relief rally in the short term.
All the best,
S.SAri
#BTC #NDX
Is a good indicator.
When BTC starts to lose performance against the nasdaq, and we see many correlations in this space, we can also use it to find a reversal or a signal for key levels.
At this juncture, it seems we have yet more lows to go and what is likely resistance and support.
The MACD is showing bullish divergence so its likely we will have a relief rally in the short term.
All the best,
S.SAri
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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