USDTUSD@coinbase as Short Term Gauge for BTCUSDT@binance
dear fellows,
we've recently identified a leading to coincident relationship between BTCUSDTBinance and USDTUSD@coinbase.
although they do not always match, BTCUSDT tends to converge to USDTUSD in a matter of hours, when there is a gap, and follow it closely or soon after, otherwise.
we've observed that new lows or new highs in USDTUSD are indications of immediate revisiting tops and bottoms in BTCUSDT.
thank you and best regards.
we've recently identified a leading to coincident relationship between BTCUSDTBinance and USDTUSD@coinbase.
although they do not always match, BTCUSDT tends to converge to USDTUSD in a matter of hours, when there is a gap, and follow it closely or soon after, otherwise.
we've observed that new lows or new highs in USDTUSD are indications of immediate revisiting tops and bottoms in BTCUSDT.
thank you and best regards.
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Related publications
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.