correlation

Correlation between cryptocurrency and traditional market

Considered, that one of the key advantages of cryptocurrencies as an investment is the lack of correlation with most other asset classes. Is it so now, later 10 years after the emergence of bitcoin (Bitcoin)? Bitcoin investment analysis relies on many factors, but the most important of them is just the price, volatility and correlation with other asset classes. Wherein, if a lot is written about the price and volatility of bitcoin, much less attention is paid to correlation, and in vain, Considering, how important is correlation analysis for investors, using crypto assets to diversify their portfolios.

Day Trader Trading Styles

Range Breakout (Range break) This is the simplest and most common trading technique.. All a trader needs is find the range (base, consolidation, flat) and wait for it to break through in any direction. Trader doesn't care, in which direction the range will be broken. It is important for him to enter when the range breaks. Pattern Breakout (Breaking through the pattern (graphic figure)) In technical analysis of prices, there is a concept of a graphical figure or pattern. These figures include: triangle, flag, pennant, double bottom or top and so on. When a pattern is clearly formed on the chart, the trader will wait for the price to exit this pattern and start opening a position.

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