Bitcoin Longs vs Shorts with RSI analysis Top plot - BTC/USD Coinbase spot price Mid plot - BTC/USD Bitfinex Longs versus Shorts Bot plot - RSI of LvS LvS > ~ 70 = overextended longs; potential drop incoming! LvS shorts; potential drop incoming! Bitcoin shorts vs longs tradingview in investors magazine - insider tips Early-stage investors in Bitcoin and Ethereum made millions of. more marketplaces called “bitcoin exchanges” allow people to corrupt or sell bitcoins using different currencies. 24crypto.de is letter of the alphabet major exchange, along with Bitcoin shorts vs longs tradingview. Bitcoin shorts vs longs tradingview - Where, Why, How & WARNING Avoid You strongly the following Risks when Purchasing of the product. A Mishandling would it, because seductive Advertising promises in untrustworthy Internet-Shops to heare.
Bitcoin shorts vs longs tradingviewBTCUSDSHORTS Charts and Quotes — TradingView
You can interpret it at your discretion. Let me know your view in the comments! I hope this is helpful. Hello, the short term rise scenario has played out 1st idea linked below. However, Shorts are at the all-time lows 2nd idea and Longs are at a possible reveal point, as you can see from the chart.
Most crowded trades are usually not the best. Next days and weeks will be crucial, but I still expect a correction to wipe out all those longs, before the bull run Highly speculative, not trading advice. Hopefully this will be helpful. I hope this is useful. Hello, shorts positions are very low, which is weird in an uncertain situation like the current one. Despite not all the odds are for a fall of BTC, this is a scenario it makes sense to play right now.
Am I right I don't know at all! But I can speculate with the best of them I think I am onto something though! Part of the reason for this is that the 26k longs see to find a floor at c. Short Squeeze Opportunity Meanwhile, the bears are now in pushing towards all-time high short interest.
This does not mean that the short positions cannot continue to increase. In other words, market buy orders are placed to close positions, which coupled with new buying entrants will lead to a price increase and a snowball effect as other buyers enter the market for fear of missing out FOMO on a buying opportunity.
The difference this time is that the bulls are tired and many have been subjected to a third bull trap which has largely fuelled by a short squeeze, without enough buying interest to return Bitcoin to a bull market. With margin long positions declining rapidly relative to the increase in the shorts, it is time to pay attention.
It may be that there is a period of sideways price action needed to tempt slightly more bears to the party to empty their ammunition before a big player pulls the trigger on a short squeeze. Should this happen, we know that 5k will likely to become the new pivot point with profit taking and new buying interest entering. The pattern has been replaying like textbook from last crash, right?
We're on the fifth bearish impulse in a weekly perspective and refusing to dump. Of course, Elliot Wave theory suggests that the Z point should be lower than Y, but this market has proven that wrong before; it may aswell do it again.