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Bitcoin Longs vs Shorts RSI

Bitcoin (COINBASE:BTCUSD)  
cptOats  
COINBASE:BTCUSD   Bitcoin
Technical Indicators Oscillators Fundamental Analysis Bitcoin (Cryptocurrency) BTC longs shorts longsvsshorts
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indicator oscillator fundamental bitcoin btc longs shorts longsvsshorts
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 < ~ 30 = overextended shorts; potential drop incoming!

Credits to Murad Mahmudov's tweet for bringing RSI of LvS to my attention.
twitter.com/Mus...188132613541896?s=20
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