short positions are still in denial of bull market and I would expect them to be even up to $10,000. possibly when bitcoin passes $10,000 the non commercial shorts will take notice.
are the bears giving up? are they too exhausted? pass the popcorn please
For all fundamental reasons the success of Teladoc is noble but you can see from this accumulation/distribution chart that someone is heavily accumulating the stock. There are multitude of reasons this could be happening. One super exciting and others very typical of trading in growth companies. So let's start with my far flung idea. Amazon is pushing...
TL:DR - Set up for another short squeeze as fear overcomes the market. This is the ETHUSD SHORT graph with 1 D candles. Anyone feeling deja vu? Because I sure am. When Ethereum went from $574 down to $492 on 5/28/18 we saw an all time high interest in shorting Ether as seen in the first blue oval. If you read my post here you'll see I called for a short...
BITFINEX:LTCUSDSHORTS Litecoin Short Squeeze incoming or further into over bought conditions? Analysis: Double top in progress with TD Sequential passing a 9. Level to watch: 136,000 Prediction: Shorts about to get wrecked.
Update on the "TA doesn't work" chart I did for the shorts. Put my expected target (pink FIB.) Hoping it gives us a better squeeze on BTC, hasn't been to impressive thus far.
Shorts are ramping up again and a squeeze could be in order. Keep in mind this is a counter trend trade so don't expect this to go beyond previous highs. What I would suggest is look for an entry in the 397 to 414 range and aim for 580 as profit target. This is a high risk trade. Other indicators are also looking ready for a squeeze, it could take another 1 to 3...
Pulled some data on BTC shorts. We could have quite a BTC pump if we get a short squeeze. It's already taking off and no short squeeze yet. This could make us launch above 8k. Hopefully this helps give an idea of where to expect RSI to stop as well.
SGYP seems to be setting up for a big big move. The Squeeze Momentum Indicator has been forming a triangle which is now about to close and the crosses in the indicator have been black for some time meaning that a release of the squeeze should be about to manifest. My guess is that spike will be to the upside, and it could go as high as 3.60$ (90%+ appreciation),...
CHKE a marketer and manager of fasion portfolios of fashion brands, its brands are licensed with retail and wholesalers in 50 countries and about 9000 retails. After reaching a high of $29.75 in the summer of 2015 it has dropped to a low of $.65. Looking at the company financials reveals possible under evaluation by the market. With a market cap of about$13mil...
NYSE:SNAP , 4h and 1D close about key resistance can skyrocket SNAP higher (high short interest). Resistance at $12, next target at $14 (20%). No 4h candle close above $12 = no entry. The Citron report will add some fuel for the longs: money.cnn.com
The purple line is the ETHUSD price overlayed short volume in the last 9-10 months Looking at ETHUSDSHORTS which shows the amount of Ether used for open short positions on Bitfinex has spiked enormously in the last couple days. This charts data, going back nearly a year, clearly show us that there is a huge amount of Ether that has been "artificially" taken out...
In April 12th Bitcoin's price shot from 6.8k to 8.1k in less than 10 minutes. I remember waking up, since it was 7 am where I live, looked at the price and was surprised to see a sudden drop from ~7k to ~6.8k. I went to the kitchen and started my coffee, took the dog outside, came back and turned the computer on. It light's up in less than 30 seconds. Cryptowat.ch...
There is no doubt AMD under the leadership of Lisa Su and the advantages of its IPs is on track for high growth by gaining market share on Intel and staying relevent if not competitive against Nvidia. AMD's P/B ratio is significantly lower than similar stock and PE ratio is also lower than the average in the industry. AMD also sees very high revenue growth as well...
If you have read Pt. 1 of the series, you have seen that my ETHUSD price prediction has been fairly accurate. We bounced around $600 and have found mid term support in this area. The volumes are fairly healthy too, which is a good sign for longs. I have been reading a lot of other traders' analyses and have noticed that there is a general consensus on a few...
BTCUSD update: Now you know what a short squeeze looks like. After the inside bar long trigger at 6900, price climbed dramatically and took out the 7492 level within hours. In that same move, price compromised the bearish trend line that has been intact since the beginning of this year. The swing trade that was called on S.C. reached its target for a 560 point...
G'Day Cobbers, This is my latest update, If this comes to fruition, you will be glad you came across this TA today. Shorts at a massive ATH so much liquidity, I think my charts speaks volumes in itself, so take a look, do some of your own TA and make a call. Im laddered in down to 6400 but be careful, anything under that is extremely knife edge as it will push...
This is for educational review. This is not financial advice. Wanted to show that a short squeeze can move the price up impulsively on the flip, but doesn't indicate a bull market. More likely just the big boys taking retail heroes money who don't have enough margin to cover shorts. Everyone was eyeing 7500 as a stop loss but the real stop loss is at nearly 9K...