1. Easy to break resistance, as it was tested at least 5 times
2. Short term
3. Bitmex: Funding is turning even more negative Bullish orderbook OI rising fast and I bet those are shorts. The last time it was happening, we had a mega short squeeze.
4. Binance: Rising OI. From longs/short its clear that those are shorts. Supper negative funding.
5. Okex. Over the past days, short has risen 10% more than longs. Negative funding.
so, i decided to close this position. I have no idea weather the market gonna go down, or up. I will take profit and wait for next opportunity. I lost almost 2,5% because i fomoed
Note
you know, my order is canceled. I decided to hold through all of this corrections. Why to bother with itraday moves lol
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.