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 . View live BITFINEX/BTCUSD chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. TradingView India. Will Bitcoin reach 10K this month?
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BITFINEX/BTCUSD Charts and Quotes — TradingViewI 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 Hello, BTC Longs back above 30k units on Bitfinex which, considering the bleeding of BTC withdrawn exhange have been experiencing after Covid, is even a more positive signal than it was few months ago.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. Videos only. Longing is the only option. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle..
Price broken triangle but need to close above green line and same time Green line need to hold as support.. However XRP should stop dumping hard now, the news made it through the whole world, everybody who had to panic panicked already.
Technically we are seeing a diamond on BTC which is a bearish Yesterday BTC aims towards local support orange line. After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target. If we close above , we can expect The infamous "Then they fight you" phase started!
Merry Christmas. BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr.
Take most of profits here. Most likely will decline back to 35 ema. There is no correction at this moment! I'm waiting that price can continue uptrend. We can open long position as soon as BTC will break nearest resistance.
Next resistance Videos only. Will History Repeat itself? Remember you heard it here first! Breakout Imminent!!!
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