In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
@cweitat, Haha no, that is not what shorting means. Short means you buy something when its value is high with the intention of selling when it goes down. It is the opposite of a long position. It has nothing to do with the amount of time that you hold it for.
@smk1289, yup I know, that works for Forex. But for exchanges like Bitfinex Bitstamp itBit, there's no way we could do that. Unless you are buying and selling via another exchange. So the definition of short here is as such
@cweitat, shorting isn't just a term used in Forex, it is a trading term used in all financial markets. You have long positions and short positions. You can short Bitcoin just like you can with any other financial instrument.