TradingView
AlanSantana
Nov 4, 2018 7:20 PM

Bitcoin LONG (Shorts CRASHING 40%) $7000+ Next Long

BITFINEX:BTCUSD1W
Bitcoin / DollarBitfinex

Description

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Bitcoin shorts have fallen to their lowest level since July.

Shorts have also fallen below longs, a bearish crossover; this is a very interesting development.

Take a look at the chart above, the shorts are literally crashing, just another signal that confirms that the bottom is set and it is time for long.

Here is our LONG Bitcoin Trade:


Thanks a lot for the support.

Please like, comment, follow & share.

Namaste.

Trade active

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Comment

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Shorts are now at their lowest since May:


Longs are starting to move up, very slowly though.

Comment

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EMA50 is holding the price down as usual, but Bitcoin will move soon.



* Shorts continue dropping.
* Longs continue increasing.

Comment

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Latest Bitcoin & Updates Market update:
Trend AnalysisTechnical IndicatorsBeyond Technical AnalysisBitcoin (Cryptocurrency)longsshortsBTCBTCUSDusdtalanmastersbittrexbinance
Comments
kurochig
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Shorts have crashed and price barely moved, meaning someone sold all those shorts covering. Falling shorts at supposed bottom is not good at all, shorts should reach max levels at the bottom. Shorts = longs now, => indecision yet.
AlanSantana
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@kurochig, Indecision leaning towards bull.
tearliner
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@kurochig, yup this... lmao
usr32
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@kurochig, Your reasoning is valid for a top, not for a bottom. Falling shorts at a top means possible dump, falling shorts at bottom means reveral is imminent.
usr32
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@usr32, reveral == reversal
AlanSantana
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@usr32, Thanks for sharing.
pkb6698
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1) Total Coin Market Cap : 204 vs 2018

2) I'll just let you walk only the flower road!!

AlanSantana
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@pkb6698, Thanks for sharing.
Counter
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Countertrade whole Tradingview bulls and Bitcoin long/short ratio:

UmairEjaz
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@Counter, what are you doing then? trying to tell the masses to loose money lol
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