In the ever-evolving landscape of cryptocurrency trading, Bitcoin often serves as a beacon, reflecting broader market sentiment through its dynamic price movements and trading metrics. Today, let's explore the intricacies of Bitcoin's market dynamics by dissecting Open Interest (OI), funding rates, liquidations, and long/short ratios—using current data as our live...
BYBIT:BTCUSD I was in 3 long trades as Bitcoin dumped on the 26th of May 2022. I had 2 choices. Close my longs because I saw price dumping below my entry or look at what Open interest was telling me to determine if this was a fakeout. I saw price dropping as OI was dropping. This meant that longs were closing out their positions, which means that when this...
hello everyone. today i want to explain the relationship between price and volume and open interest. we know that open interest means the number of positions (long/short)that is open.(in short OI) if the price going up and volume and OI is going up too we can see very strong bullish sentiment in market. if price going up but volume and OI going down it means that...
If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Several chartists use the approach of price-action to predict the market movements. Some include volume too. However, most professional traders prefer using a multidimensional approach to market...
I'm assuming if you got this far, you might be smarter than the average Yahoo commentator. No need to rejoice, dear Gulliver, we're still in the tutorial. I have specifically designed this article to be long and heavy, hopefully to demoralize you out of intra-day trading. However, I know that for those who live outside the expected plot, demoralization doesn't...
Looking at the numbers helps us figure out what goals to other market participants have? Do they rollover their positions alot? How far do they project themselves? Do they hold for months of exit after just a few days? We can see the volume of Oil popping off when the expiry is close as traders, for example terrible ETFS, close and re-open the next month and I...
The system is one, the results are different. Why? It is checked by practice - if several traders (approximately the same level) work on the same system, the results will be completely different. Why? Psychology with problems of a personal character comes to the fore. People have different psychotypes, different attitudes to risks, different measures of...
The indicator of open interest is a little used indicator in the market of crypto currency. However, this is a mistake. After all, in fact, no indicator will provide a clearer signal of confirmation of the strength of the trend or its reversal. Open interest is one of the first indicators used to conduct technical analysis. It is not based on any formulas. It...