This is an analysis of BTCUSD SHORTS vs BTC Today's lesson we will attempt to understand, where Smart Money shorts, and conversely where DUMB Money shorts. This is somewhat satire, and should be taken with a light heart. If you are in either category I'm not here to offend you, nor to compliment you. Except, if you Short Sold the top of every rally, aka Smart...
The chart is drawn from the crossover triggers on the 'Wave Comparison' indicator, the purple line in the indicator shows how far above the BTC/USD close is above a long moving average (234), the red line (horizontal one in the indicator) shows how far above the number of SHORTS on Bitfinex are above the same moving average on the same time resolution. I have...
From the first day you entered the cryptomarket, you've always heard "this is why you don't short bitcoin". Well......
Hello everyone Today we saw a nice green day for BTC, this indicators are telling us that we're going to continue going up! Let’s get straight in to the analysis! -So everyone was talking about the rising wedge that BTC was creating, now we broke that wedge at the upside (which surprised me a bit). I didn’t expect a break through at the upside because of the...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Please be advised that I swing trade and will often hold onto a position for > 1...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Please be advised that I swing trade and will often hold onto a position for > 1...
More shorting is coming up for BTC/USD as the current price area does not seem to be a strong enough support area for it to reverse back up. We can expect it to go down until 5600 for now. As always, risk manage properly and always trade rationally. Happy trading!
The amount of opened short positions is skyrocketing again. From 17k on Aug 2, it more than doubled by the end of the month and almost hit the previous record of 40k+. Combined with the recent influx of negative news, it may very well try to reach the new high in the nearest future: SEC Quashes More Bitcoin ETF Pitches in Another Blow to...
Market teaching shorters some manners.
Shorts are too comfortable. We are near the same Bitcoin Long/Short Ratio back in April in which we saw Bitcoin go from $6,500 to $11,600 after the epic short squeeze. Yesterday night might have looked like as just a weak bounce but the interesting part was that shorts increased by roughly 2.5, when we dropped from $6,200 to $5,900 and since the unimpressive...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! 1 day: < $5,750 | 1 week: bounce from $4,975 | 1 month predictions: < $5,000 by...
Institutional interest to keep this area intact. Shorts are nearing ATH so to me it doesnt look like we will break 5800$ in the short term. If we break above 6700 a lot of shorts will be under water and that will support a fast ran to 7400$. The whole last failed rally felt suspicious to me because if we would break below 5800$ the majority would be easily right,...
Short short. Late July channel seems ready to reverse. MACD close to floor, almost ready to cross. Keep a close watch. Peace, DISCLAIMER: MY IDEAS ARE JUST OPINIONS, NOT FINANCIAL ADVICE. I LIKE CHARTS, THIS IS JUST FOR FUN...
hi again dear friend check this out we found important zone for this chart everthings is clear and obvious
Shorts are at a high level right now, and what normally follows is an increase in bitcoin price.
Technical : I'm confident that Wave iii has just ended. Because the last wave up was an Ending Fifth Wave Diagonal which led me to believe that the wave has to be a 5th Wave. I see bearish divergence on higher timeframes. Not to mention the overhead heavy resistance leads me to believe that upside potential before a correction is very low. Whereas towards the...
That recent price movement caused Shorts to gap up pretty large. That leaves the price area clear of resistance. Should be a much easier path up for price now.