* BCH VS. TAO RATIO TRADE POTENTIAL TO INCREASE YOUR PORTFOLIO SIZE
Following my post on Ratio trading and how it has helped me to grow my portfolio. I want to start this series off by looking at a nice ratio trade going on. This is looking at the BCH Vs. TAO and vice versa ratio over a 1 year period.
Current Ratios: TAO Vs. BCH : 0.952 , BCH Vs. TAO: 1.05
$BCH
Best 1 year trade ratio Vs. TAO: 3.53 -Meaning that during this time if you sold 1 BCH, you could have gotten 3.53 TAO.
Worst ratio BCH VS TAO: 0.78
Average over 1 year: 1.62
$TAO
Best 1 year trade ratio Vs. BCH: 1.29
Worst Ratio: 0.28
Average: 0.71
As of today, TAO's ratio Vs. BCH is 0.95 which is 0.24 higher than the average. Which makes TAO a good trade Vs. BCH at the moment. It is not the best, but seeing how aggressive BCH is when it does move upwards, and I can see that happening again. I like the idea of moving some TAO into BCH.
Following my post on Ratio trading and how it has helped me to grow my portfolio. I want to start this series off by looking at a nice ratio trade going on. This is looking at the BCH Vs. TAO and vice versa ratio over a 1 year period.
Current Ratios: TAO Vs. BCH : 0.952 , BCH Vs. TAO: 1.05
$BCH
Best 1 year trade ratio Vs. TAO: 3.53 -Meaning that during this time if you sold 1 BCH, you could have gotten 3.53 TAO.
Worst ratio BCH VS TAO: 0.78
Average over 1 year: 1.62
$TAO
Best 1 year trade ratio Vs. BCH: 1.29
Worst Ratio: 0.28
Average: 0.71
As of today, TAO's ratio Vs. BCH is 0.95 which is 0.24 higher than the average. Which makes TAO a good trade Vs. BCH at the moment. It is not the best, but seeing how aggressive BCH is when it does move upwards, and I can see that happening again. I like the idea of moving some TAO into BCH.