A indicator that neatly shows you BitFinex margin longs and shorts that can be put on any chart! Here is a comparison of BTC long (main chart) vs short (purple chart) positions. It's clear that there are almost twice as much short positions opened compared to longs. If we look it as it is, that could mean this is the start of some bearish movement. But there are 2 . Apr 12, · The shorts increased parabolically between k and k but the majority are in the money, with risk increasing towards current prices. Therefore - there are around 9k shorts in the money which are at risk above k there are k longs already underwater at risk below 24crypto.de: Filbfilb.
Tradingview btc shorts longsBTC Shorts vs Longs Analysis for COINBASE:BTCUSD by filbfilb — TradingView
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 There might be a short term increase in longs but, then I think longs could drop and get squeezed should we drop out of the triangle.
This is speculation and not trading advice. Bitcoin longs can decrease even more and send price through 10k mark. If you love the video, please press like or leave a comment below to support our work.
Thank you GH. Let's see if a EMA is a support strong enough to make it bounce back up. MACD looks bullish even if it took him long time to get to this point. 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 Hello, BTC Longs back above 30k units on Bitfinex which, considering the bleeding of BTC withdrawn exhange have been experiencing after Covid, is even a more positive signal than it was few months ago.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. 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!
Why get subbed to to me on Tradingview? Good day! Some interesting images: On the RSI indicator with the period of 28 , in classical position the 14th period is situated approximately there, on the long chart, on the daily time frame RSI has drawn ABCDE , but on the short chart a divergence is formed.
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