Btc long compared to rise in btc Btc Longs droping in alarming rate when btc rising
Bad sign of longs droping at this rate, fall is about to happen, today or tomorrow
hit the gan resistance, sales order increased rsi overbought correction to fib level or gan level in order for bull run to continue healthy rise long orders decreased from 54k to 44 k in 2 days, shorts incresed from 1.4k to 2.7 k, happenes when a crash is coming, also futures push the price up to trap bulls, it can easily crash that way, we need spot trade...
Btc losing strenght, longs dropped from 54k to 45k in 2 days, and shorts started to increase, like in every drum, something is happening, daily rsi in overbought area, Need correction to 40k then consolidation and slow rise in order to go higher. Not financial advice Be careful and trade safely, and don't be greedy in order to succeed. Goodluck
Rsi is in overbought area first time since 14 of march 2021 in 1 day time frame long positions are decreasing correction to 39000 if the uptrend to continue, if it drops below we could see low 37000 not financial advice
Should go into correction now to zone of 0.38 fibonnaci, 38800 where there is big demand and then rally up again If it breaks 38800 then could fall to 36k level. Shorts are rising and longs dropped lower then when we hit 42500, sign of profit taking, I guess a lot of people waited for this area to close positions, people who bought at top and had average around...
failed to take 44k and 1.61 Fibonacci?, volume is fading, not enough belief that its right time to go up what do you thing? not financial advice
BTC M Pattern? and bull trap, a lot of shorts were liquidated, and its turn to liquidate longs. what do you thing? i think bears have advantage to open new shorts and push btc down, i have noticed for last week its the margin(futures) that push the market up or down. before when a rise or fall happens it was spot price in front and margin price was lagging...
not enough volume, correction needed lower to get more buying power to increase, if it doesn't hold 36600 then we fall to 30s again maybe lower. thats my prediction not financial advice shoudve fallen before this rise, as predicted on my previous ideas, but with a good news from europe etc retail made a small pump up. but whales didnnt go in at this price, as...
Short, looks weak to break, look at my other ideas. Not financial advise
going into correction and after maybe might rise up, if not you can see in chart where it can go long positions are decreasing and short positions starting to increase, RSI overbought, strength decreasing each time, the momentum is becoming less and less big correction should happen before it can go up again. it could make a false break out and then fall,...
rejected from 0.61 Fibonacci and gan fan 2/1 also ATH of beginning of January 2021, we could see big correction risk reward is not good to go long now, too risky hit 3 spots at one position fib 0.61, gan 2/1, and ATH of begining of year
could drop again and after could rise but slowly for more firm positions, same as in beginning of 2021,
not financial advice, do your own research