Looking for a short squeeze over the weekend to kick start XBT uptrend and wave 4 on alts. Lots of fear in the market, shorts piling in after a huge plunge. I closed my shorts on BTC at $4700.

When Shorts/Longs are overbought on the RSI at the top of that channel we typically have a rally to the upside in price.


What does a low BTCUSDLONG says? And its counterpart, the BTCUSDSHORTS (when low)?
BrazilNutz carloswm85
@carloswm85, when BTCUSDSHORTS are low is says that there are more people going long than short. That by itself is not a signal, which is why i would also look at the XBTUSD RSI, so if the daily price RSI was overbought and the BTCUSDSHORT was very low that is a signal i would look at going short. At the moment there is indecision on longs/shorts and a bit of bullish divergence on the daily but as price has broken a trend-line i wouldn't be going long
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out