Bitcoin Longs vs Shorts RSI
Bitcoin Longs vs Shorts with RSI analysis
Credits to Murad Mahmudov's tweet for bringing RSI of LvS to my attention.
twitter.com/MustStopMurad/status/1122188132613541896?s=20
- 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/MustStopMurad/status/1122188132613541896?s=20
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