BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the . I am hoping that BSV / BTC breaks through this trend line to the downside. If it slides along the trend line, it won't hit the bottom until June I think I am shooting for a target for BSV / BTC now. Now this has really nothing to do with the BSV / USD price. The reason for this is the price of BTC . Last time the total # of positions in the market (both long and short,with just bitfinex considered) was that low was July '19 and btc started its decline from 13k to k (the covid happened). True that thera has .
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I am days away from buying. Everyone on deck. BSV and most alts are at the bottom. Here comes the pullback. Be ready. We are at a million satoshis.
This is an important level. BCH broke to all time lows. Time is getting closer. BTC did not do what we expected. Price entries are off the table at this point. BTC will have another pullback. This must be all the wallstreet people. I don't really care what it does. Maybe a week or 2 lower, but we are good to go so far. I want to see some divergence here if possible. Everyone thinks it's a scam. No new CSW revelations are coming.
No new CSW lawsuit information until next year. Coingeek conference was literally the same exact conference from 6 months ago. All other altcoins are making new lows. I think we could get some true capitulation What's more is we have a weekly and monthly given today is the 1rst of November closing candle below the lower trend line.
Will there be follow through of a fake breakout. Ending diagonals usually end in fake break outs so this is a very low risk trade. If it slides along the trend line, it won't hit the bottom until June I think I am shooting for a 0. BSV may be ready to go again. I think I made this move just in time!
Everything takes so much longer than you think. RSI is really low which is another bullish indicator.
BTC price is getting lower. I wouldn't be suprised to see a wall of orders at 10k and which is target we have to reach before BTC can get up in price.
Hello, incredible to see how the lines I drawed months maybe a year ago acted as resistance and hopefully will act as support now. We are in the area separating the bull fro the bear market so, if it is the case, we will see a second up leg in the longs, meaning that BTC will go up. This is also in line with the indication of my "secret indicator" next idea.
Hello, BTC Longs back above 30k units on Bitfinex which, considering the bleeding of BTC withdrawn exhange have been experiencing after Covid, is even a more positive signal than it was few months ago. As the title says Longs got low. We've seen them rally when they get this low. MADC shows the first signs of changing direction.
RSI is at its lowest oversold moment. Let's see Last time the total of positions in the market both long and short,with just bitfinex considered was that low was July '19 and btc started its decline from 13k to 6. True that thera has been a serious outflow of btcs from exchanges in the last quarter and the data can be affected by that, but still the value is really low wouldhave Its level is excluding hodlers that are long by definitions and do not trade the trend meaning that for each long position there is 1 short.
Total uncertainty among market participants. Shorts are at their Hello, here to show the second part of the idea to identify the general trend before going in details for shorter terms strategies.
Read the related idea in the link below if you want to learn more about the ratio and don't forget to like and comment as it helps me to understand if you appreciate my contents and what to focus on So, starting from the main Volume trails here no much more.