Egold verry probably to bounce for an x wave and than to go up We have an W wave expended flat corrective pattern and now an X wave also expanded flat corrective pattern. Triangle in 4th wave from the c wave from X wave. If you like my analysis give a like please! Also subscribe for futre counts! Short for a 5th wave and than long. Until next update short for the...
This is insane, 3.26% of Open interest in Bitfinex exchange are shorting bitcoin right now. This is extremely low as you know it is a ratio. It can not go below zero it can just be near zero. This is -in my opinion; an indication of extreme optimisim and will probably result in a powerful long squeez. To get this chart use this...
$8 billion liquidations were triggered when BTC briefly crashed to 31k on Wednesday, This morning, over $7.5B in Bitcoin open interest was wiped out, bringing total OI back to levels last seen in early February. Right now, oversold signals can be seen across the board and I think this is exactly what we need to shake out weak hands and over-leveraged positions.
we are exactly on the 21MA daily. Many are scared now, but until we hold this level, we can consider the movement as a normal and healthy retracement and the uptrend can continue. It was too violent to be "real". Also, long/short ratio (adjusted for the holders) reached levels lower than those during the 13th of March due to Covid today. Too much. I still think...
The drop to 9.2k-9.5k never happened and the recent consolidation above 10k demonstrated bull's conviction. I expect the incoming shallow pullback and it will be even more bullish if weekly candle can close between 12k-12.5k. First MicroStrategy, then Square and now PayPal. PayPal supports 26 millions merchants and has 300 millions + customer accounts. Its...
Look at the ratio between longs/short over time and take a look at Bitcoin over same time. In my opinion we have legit bottom at 4k area, built in march 2019. From 4k and up to 14k, there is a great mix of real demand, and lot of long- and short gambling. In this range of price, we can se four bigger actions (compared BTC with Long/Short ratio) and how price...
ETH is currently in a bull flag that is holding up very neatly. BTC is in a similar bull flag that is also holding up perfectly. We can see on the smaller time frames that ETH is really eager to break out on the upside. Everytime BTC goes up a little ETH goes up way more. The ETH bull flag has an upward trend whereas the BTC flag has a flat trend. (I don't how how...
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
This chart shows the Long/Short ratio in the daily timeframe.
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Please be advised that I swing trade and will often hold onto a position for > 1...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Please be advised that I swing trade and will often hold onto a position for > 1...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to get my complete trading strategy and click here to learn more about how I use the indicators below! Please be advised that I swing trade and will often hold onto a position for > 1...
Long vs Short percentages are diverging More long positions are increasing while short positions are decreasing.