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BTCUSD Shorts

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BTCUSDSHORTS trade ideas

Finex Shorts To Form Descending Wedge?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 for shorts before exploding upward to new ATH....will be interesting to see..If shorts explode will price go up or down? Thank you for reading and please let me know your opinion below!
BITFINEX:BTCUSDSHORTS
by TEXAGG22
2
What can we learn from the bitcoin shorts? 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 bitcoin charts and since most people are not shorting at the moment, by being short, you are safer than if everyone was short because then you can't be short squeezed. This gives me confidence that I could be onto the right track and if you aren't short, maybe you should have a look at my arguments and see if they make sense to you. We can all learn from each other. That's really all I have to say about this, I will post about the longs right after this. Good luck everyone, -YoungShkreli
BITFINEX:BTCUSDSHORTS
by CantorTechnologies