cryptofamily

Correlation

A very cool thing that allows you to find not only your asset, but also related metrics to help you make a trade decision. The magic lies in the movement of price charts in the same phase, or in counter-phase with advance or delay. The reasons can be different, from the laziness and greed of market makers who do not want to write their own algorithm of movement and simply repeat the price chart of their asset following the leader, to the banal pressure of the mathematical model of the leader's asset on the slave one, following the example of token-gas. 

But the most interesting, non-obvious and valuable for a trader is the movement of an asset in counter-phase to some indicator or market index. Such a study will always prompt, with a high probability predetermine the future movement of the main asset and every trader should find such a connection.

✅ 500 tipped ∙ 1 066 remaining

530 / 1 596 (33%)
🟩🟩🟩⬜⬜⬜⬜⬜⬜⬜