As short interest continues to rise, the price of Bitcoin has not moved much and remains in a tight range at a major resistance level. Often traders "blame the whales" for taking them out of trades, but here we have a distinct sign that there may be some Whale activity.
We actually have written many articles on how larger operators look to manipulate markets. ...
In this report, we will discuss price ranges and forecasts, my general positioning, open interest, and market maker theory. Remember, none of what I say in here is investment advice. Risking money in markets is dangerous and can result in financial loss. Consult your licensed financial professional before making any trades/investments.
i do this to Monitor peoples Shorting BTC to try to identify where they can push up again and make a bear trap.
Shorts broke their up trend.
They stay under Ichimoku Red Snow.
Rejected on EMAs 50 and 100.
following a rude downtrend.
BTC still in a good mod for now.
Happy Tr4Ding !
Weekly chart for BTC/SHORTS. Momentum on shorts is falling, price of BTC rising. That could be one more evidence that BTC price has bottom and I expect rise of the BTC price in the following weeks at least to 5800 USD.
i dont to often see btc/usd short chart but in this current time it might be a good idea to have second idea that against majority current market right now, which is bullish..
also the current Macd; seems have positive signal to long. only need a significant buyer volume (or short) to justify good entry to short.
This reverse and combined index is so without any point at all, mathematically or otherwise. Yet, it brings forth a nice picture of how shorts move similarly to price in this setting. Notice how it made a crazy reversal. Another thing to notice is that the only time it rose and the price stayed relatively fat, was before the drop in November, the market is...
I prefer to short bitcoin when btcusdshorts trends upward and also when we are touching strong resistence. the market is really quite we are up to see huge volatility and it more likely be bearish rather than bullish because we are going up for 6 weeks with declining volume. remember that markets tend to show strength to camouflage weakness. this upward trend is...
When the shorts for BTC get ultra low then that means that the opposite of what the majority think will happen. Instead of going up (low shorts, high longs) it dumps (which we can see in history). What will happen? No one knows but the shorts have been this low for a while now and we are hitting support at the 4100 level...
Seems like the bears are back in town tbqh
BTC/USD shorts look like they want to drop here. Is this hinting at a pump?
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates major resistance.
This is a log chart.
I'm just going to jump straight into it here as I cant be bothered to bore you with how it has been a hard 12 months...bla bla
So I'm not sure how many of you out there keep a close eye on the Bitfinex shorts market chart, but I have based a lot of my trades alongside its moves as it gives the insight to market strength or weakness for the...
Shorts positions look like they have broken down from their year long wedge and have backtested it so I would expect them to drop soon, which should be from BTC rising. This indicator can throw fake outs, but breaking down from such a long wedge should be significant.