Numbers of "shorts" swiftly decreases. We have some distemper. But we need the 5800 - psycological...And i think it will be
guys, there are so~~~~many confusions in this market!!! everything, every analysis, changes! for now, i'm not sure but btc might?!! be making a bull flag, targeting 6.7~6.8k, and even more up till 7.1k I think. if so, 5.8k scenario, visiting that spot is invalidated immediately. looking back july, we had a similar pattern. three triple bottoms, and rsi...
BTC shorts are at one of the highest points since they began. Altcoins are in the dumpster, morale is low in a lot of the crypto community. Market caps dwindling. How would a whale/s play this? Well, quite a few ways, but I'll go out on a limb and say what I think will happen-- consolidation within range. Volume is very low, momentum lacking. DMI is hugging. At...
Bitcoin shorts on Bitfinex skyrocketing. A lot of people expect more downside. Might lead to a short squeeze, where the whales use the retailers as liquidity. Last time the shorts were at ATH was at the beginning of April where the shorts were squeezed with a $1.5k candle.
Dash to Dollars with longs and shorts on Bitfinex. Shorts will have to buy back someday.
Well, this is interesting, I have question for all you pros out there is it reasonable to apply traditional Technical Analysis to something like longs and shorts? I don't know personally but IF it is then it seems that finex shorts are forming a descending wedge while being squeezed into a tighter and tighter range. If this is true we could see one more leg down...
Elon Musk just upgraded $TSLA to a BUY with a profit target of $420! $420 PT must be based on Fundamentals? Lol
What's up guys, YoungShkreli here I've written about my short position on bitcoin and if you haven't been following my posts, go ahead and do that. If you'll all notice, for some reason, people just don't seem to be shorting bitcoin. This tells me one of two things: IF we are to go down more, there will be more volume (eventually shorts will come) on the...
There are four levels that I am currently watching on TRX/BTC chart on the weekly. In anticipation for the founder of Tron Justin Sun's "secret announcement" the market has seen a minute short squeeze. Justin Sun has switched his normal spam like tempo to one of more hush and lull leading up to this announcement. With its new found spot light on futures...
I think we are due for a small short squeeze
Imagine shorts breaking this wedge up and going to the weekly resistance. That would take us to sub 6k, be safe with longing now.
Hi, a quick update, since BTC is doint it's boring thing again. However, interestingly, we have now a similar situation as in early April. The shorts are rising more and more, and will soon be higher than the longs. In this case, I think we'll see a nice short squeeze, as in April. I'll keep a close eye on the long/short ratio at Bitfinex. The indicators are...
BITFINEX:LTCUSDSHORTS Litecoin Short Squeeze incoming or further into over bought conditions? Analysis: Double top in progress with TD Sequential passing a 9. Level to watch: 136,000 Prediction: Shorts about to get wrecked.
What do we see on the BTC chart: - RSI = low - Stoch RSI = low If you look at the shorts: - Going rapidly up - RSI = extremely overbought - Stoch RSI = same story - Bearish Divergences So: - Given the BTC indicators we do have space for another sharp drop like we've seen these past days. My guess is towards 6000/6200 range. - Shorts indicators saying...
Hello! In this chart I'd like to show that you can find nice fractals everywhere, because fundamentally markets are driven by human mass psychology and since this mass psychology doesn't change, the patterns also repeat. But are they always to be trusted? No. One has to look at a lot of different factors and check if the situation now is similar to the situation...