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Shortsqueeze

Bitmex Funding Rate IndicatorDisclaimer: 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 succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business. Click here for my Comprehensive Trading Strategy | Click here for my Comprehensive Trading Process | Click here to learn about the 2 BTC' to 20 BTC' Trading Challenge I consistently track the funding rates on Bitmex as a way to understand if one side of the trade is too crowed. This can be a very powerful indicator for identifying squeezes, both long and short, before they happen. This is currently the most important indicator for me in regards to the Bitcoin Price Action. Almost every metric shows this market as being overbought over the last couple weeks while it has tested the major area of resistance at $5,800 - $6,500. The majority of people did not expect this rally to get past $6,000 before a significant correction and I was certainly one of them. This is exactly the type of environment when one side of the trade will get too crowded and that appears to be what happened over the past week. The indicator that I'm using can be found under "Bitmex Funding Bars" and it is a great way to illustrate how powerful this tool can be. I drew two horizontal lines which indicate buy and sell signals. The sell signal occurs when longs pays shorts 0.07%+. The sell signal occurs when shorts pay longs 0.08%+. These rates must persist for a week before the signal triggers. The vertical lines represent hypothetical buys / sells based on this indicator. As you can tell it has been a great way to forecast upcoming price movement throughout this bear market. A good confirmation for this indicator is the futures curve. Backwardation occurs when spot is more expensive that the futures and this confirms a buy. If there is Backwardation while getting a sell signal then the entry is not confirmed. The confirmation was not applied to the hypothetical buys / sells in this chart but it is something to consider. This post has been marked as Neutral despite getting a confirmed buy signal. That is because I simply cannot stomach buying after a prolonged markup in the price. I strongly prefer to let the market come to me and therefore am waiting to see what happens when we eventually do correct, even if that means paying a higher price. Nevertheless I thought that this is a great indicator that is very important right now. I have been expecting a correction for weeks, but now I see that there is plenty of gas left in the tank for another leg up, despite being overbought at a major level of resistance.
BITSTAMP:BTCUSD
by Sawcruhteez
5
Everything under control. Was it trap? I warned!Come on. Everything under control. Broadening WEDGE enabled. It was a beautiful BULL TRAP coming out of a large Falling Wedge followed by a False BULL FLAG. Great move. Great trap. Bears are still in control, are not they? Take a look at my previous STUDIES and they will prove the armed farce. You were warned. I'M NOT TOP TRADINGVIEW I'm not a FAMOUS I do not want your MONEY I'm here to help you And in the end I'm the CRAZY! It was a BEAUTIFUL SHORT SQUEEZE
BITMEX:XBTShort
by f3rG0D
2
Short squeeze! Thank youWhat is a Short Squeeze A short squeeze is a situation in which a heavily shorted stock or commodity moves sharply higher, forcing more short sellers to close out their short positions and adding to the upward pressure on the stock. It implies that short sellers are being squeezed out of their short positions, usually at a loss, and is generally triggered by a positive development that suggests the stock may be embarking on a turnaround. Although the turnaround in the stock’s fortunes may only prove to be temporary, few short sellers can afford to risk runaway losses on their short positions and may prefer to close them out even if it means taking a substantial loss. I WARNED! SARDINES BOUGHT
BITMEX:XBT
by f3rG0D
BTC Next 8 days -> to 3880 (4000) > Sideway > New LowFirst, please excuse my English as I normally speak German (Switzerland). I expected Btc to move higher last Wednesday/Thursday Night, but instead of that it took two hard beats without real bonces. It looked like the first down move again was an unnatural move which could be triggered because of: Whales filled their shorts in the days before and began to sell -> break out traders joined => leveraged longs began to stop out and pushed the whole mess down. So we are now in a range between 3650 and 3750 for some days. There was always some support below 3680 and also some resistance above 3720 - both directions without real volume. It could be a sign that the big boys are waiting until Monday for open Markets and more volume and begin then the next move. I think it is totally impossible to predict who this move will loke like as it seems to be very easy for big players and their Telegram Groups to trigger up or down moves with combined just some 1000 Btcs and then the long or short squeeze will do the rest for them. So its 50:50 and traditional TA beyond Volume is not really helpful - especially Fibs, Eliots etc... My feelings are that they are not finished yet with us and will initiate a short squeeze with a potential wick up to 4000, sell then immediately down to 3880 and then we continue some days in a range around 3800 / 3900 . Saturday night is manipulation night (yesterday surprisingly not) and they could initiate a long squeeze and then Monday 21.01. the big breakdown. We have not yet seen capitulation yet - but eventually it will never come. There are just not enough retail Btc holders anymore and in the worst case the big boys will play this game down to 1000$. Thats the plan I will stick to. Long for very short term: Small position with SL around 3600 and TP around 3950 /4000. After that I would open a small short position. Good luck everybody out there and may the force be with you.
BITFINEX:BTCUSDLong
by Broodwar86
BITCOIN - THE BAT SIGNAL - Short Squeeze - its may just a dream From a TA point of view this could happen and my triggers FOMO before "D" will show that it's just a bigger version of that kind of pattern which we've seen now for some time. From a real world point of view it wont happen esp. on that time horizon. Lets give that idea 10% - 20% chance to fulfill. To underline the idea: - Downtrendline - Nearly perfect numbers on the "Bearish Harmonic Bat" - Fibonacci Retracement - "swing low to swing high" - The idea of Tyler Jenks (Hyperwave) that the BTC price never went 2 weeks in a row outside of the bands (it still is) - The optional power of a december pump - ATH in short positions - A big portion of humour = ) ------------------------------------------------------------------- Donate BTC: 3PQUwEFCZbkueTKgtpNyFU7k1YLNdqtzd9 -------------------------------------------------------------------
BITSTAMP:BTCUSD
by LEKINOS
Let's bring back the "April Squeeze" (comparison)Final three drives pattern can take us to some pretty sweet profits. Here's a comparison to the April short Squeeze. Notice the level and intensity of shorts and longs. Bollinger similar, and our wedge pattern finally formed, giving us some support to rely on, and a solid point of breakout. This ascending three drives pattern generally gives us more shorts while the longs tend to fizzle. Exactly what we want to see for a positive explosion of volume. Look at my previous posts. This is not the bottom, and this does not start THE bull run.
COINBASE:BTCUSDLong
by racethehare
2
Short squeeze to $4240 or $4520**I was just about to click publish when the short squeeze beat me to it. This was the analysis: Bitcoin sentiment and the weekly chart is bearish, however, Bitfinex shorts are rising and have fallen out of and retested a rising wedge which means we might have a short squeeze from here in the short term and a bounce to retest that pennant as resistance at around $4240. The larger trendline resistance since $6k is now holding as support and we also have bullish divergence on the 4H money flow indicator (which includes both price and volume) so looking for a bounce since stochastic is also oversold. I think btcusd will be testing new lows if we drop from $4240, which coincides with EMA50 as resistance but if we do manage to find support above $4240, I don't think we'll get a close above $4520, which coincides with our EMA100 resistance unless buying volume returns. You'll notice that buying volume has been gradually dropping after every bearish volume spike. We may find support at around $4150 if we do get to $4500 but better to see what happens closer to then. This is the btcusdshorts rising wedge I was referring to: Good luck and happy trading! previous post:
BITFINEX:BTCUSDLong
by Corn_Reaper
2