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...
TL:DR - All time high in short positions sets up for a short squeeze and the next bull run, I am looking to buy BUT watch the EOS situation.
This is the ETHUSD short chart with 1 day candles. The last 24 hours has seen an EPIC increase in shorts on Ether. If this were simply an ETH:USD price chart I would start selling my positions at a profit as the current...
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...
We have see a chart like this before in Bitcoin in the early part of April which created a massive short squeeze as the price shot up. The short loading will add continued downward price pressure on ethereum until Bitcoin can find a decent bounce area and take the market Up with it. Trade safe my friends...
ETH/ USD SHORTS PAIR IS SHOWING A RISE DUE TO THE INCREMENT OF THE TOTAL SHORT POSITIONS, PRICE ACTION IS SHOWING SOME BULL DIVERGENCE ON LOWER TIMEFRAMES (15 MINUTES) PROBABLY THE BAER TRY'ING TO FILL SOME BETTER SHORT POSITION. IM ALREADY SITTED ON MY SHORT WAITING FOR THE BIG DROP.
Legal Disclaimer: I am not a financial advisor nor is any content in this...
This zone is looking to be the likely last resort for a revival of the slaughtered bulls. Stand fast!
1) Weekly ATH Zone
2) Weekly uptrend that formed the ascending triangle to push the price to recent ATH's
3) Decent hidden bullish divergence
Most important of all this analysis is certainly the skill for whale watching. Anyone who has been here since the $10...
ETHUSD 4H candlesticks side by side with Longs rising and Shorts dropping (no pun intented)
Also Google Trends for the last 7 days showing a peak interest in shorting bitcoin at 9pm last night.
trends.google.com
I'm bullish I side for Long John here
Common bust a whole in that 0.786 fib ETH!
![ETHUSDSHORTS: [ETH] Open Eth Short Positions Indicate Potential Short Squeeze](https://s3.tradingview.com/9/9M8GsMLZ_mid.png "[ETH] Open Eth Short Positions Indicate Potential Short Squeeze")
