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...
Typically I have seen that when everyone is on one side of the trade its quite easy for the market to make fools of the participants. The speculative short position on US treasuries, specifically the 10 year, is massive (and for good reason). While I remain a longer bear view on these treasuries I think we might end up seeing a short squeeze before we see 3%...
BTCUSD update: 7240 low which was the lower boundary of the minor 8171 to 7239 support zone was established and followed by a very bullish pin bar. The current candle has taken out the high of this pin bar which is a bullish sign. What needs to happen now is the follow through. Without it, price can still retest 7239 or even 6941 before the reversal process is...
$AQMS - has been beaten down from roughly the 22.50 high its at 2.08 currently. I feel it can have the same potential as last years swing candidates $IPI which was in the low 1s and $Galt at the .89 cent level. So i have added it to my 2018 swings with 500% potential list. The share structure is roughly a 28 mil OS with around 24 mil float with such a small...
The terms Bitfinex published for the upcoming B2X fork, may have started a chain reaction that is putting pressure in all coins that are paired against $BTC, as people borrowing $BTC, will also owe $B2X tokens after the Nov. Fork. Pair this with a lack of liquidity in $BTC from people withdrawing to receive the Bitcoin gold airdrop, and you have an explosive...
$BTC is incredibly bullish as bears are being forced to close their shorts due to the B2X fork. Good luck :)
I think we are at the beginning of a new uptrend cycle in BTC . The weekly uptrend is still in place, and the daily downtrend (using bitstamp data) has expired. I will be looking for a move above ~$4190 to confirm, and am waiting to add larger margin positions (holding mainly spot right now). Chart is based on methods learned from Tim West and Ivan Labrie.
A negative article smacked PETS down over 40% in just a few weeks. Since then it has leveled off and seems to be close to squeezing some shorts out. Volume has NOT confirmed a move, but price action has hinted at one, with the highest close (and first over 8 ema) since the final meltdown on 8/23. This isn't my most confident play, but I love the gains from these...
-Strong base formed(blue lines) -There are still many uncovered shorts, another round of short squeeze incoming. -Price is above 200EMA, looking to long than to short.
ARRY has been going down for too long since they they withdrawn their FDA application for its skin cancer drug binimetinib after poor P3 results. Stock seems oversold atm. Yesterday's results were quite positive. May have a short squeeze.
TOO MUCH BAD NEWS IN THE PRICE? All it took was a positive comment from the Pacific Crest analyst yesterday, about the upcoming earnings and the prospects for Karma, to take the stock 10% up in 3x average volume. Short interest has been so high on GPRO and the stock has been so neglected in the recent rally that any marginally positive presumption (not even news)...
STRP is a low float stock (5.82m shares) with a high "short float" of 46.93%. The higher it goes, the more shorts get squeezed and cover their short position, pushing price action even higher. Stock is up 30% / week and formed 2/3 leg of evening star reversal. Will consider long position about 36.75 or short position below 34.40. Will shorts get squeezed today or...