Bullish arguments 1. 10,5k resistance has been touched for 3 times already. 2. Ascending triangle 3. Bitmex's and all other exchanges funding's are neutral. Also okex L/S is 1.0000000 which means this market is not over-leveraged with neither shorts or longs (okex and bitmex have biggest OI). Whales on those exchanges hold spot btc and hedge it by shorting 1x...
www.blockwaresolutions.com interesting article. If they are correct, most of the weak miners are already dead, s9 miners will die in 1-2 months after halving if btc price stays below 8k. (those are 25% of total supply of miners
It is logical that tether print = bitcoin pump. But, i will show you an interesting chart that it is not always like that. Tether all exchanges net flow imgur.com And it is dictated mostly by binance and huobi. 5 out of 6. Once you see a big inflow of tether into exchanges - we see massive dumps. 2 out of 2. Big outflow = pump. But why? I do not know, comment...
Simple, we keep nailing resistance while binance l/s positions quit from 1.17 to 0.84 www.binance.com
This shorting idea is a continuation of my previous post, you may check it below. imgur.com www.binance.com Before that 8% pump that happened in 15 minutes. People on binance were panicking that it will go down more, so they shorted too much. Now what? Well binance l/s charts talking for itself - everybody is long again. l/s increased almost 65% over the past...
From my previous posts : long term i am very bullish medium term i am bearish short term i am bullish Here is why: Binance net long/short drop from 0.94 to 0.65 ( currently ) imgur.com You can monitor this here: www.binance.com Maybe sym triangle, will keep it monitoring. Tradingview gurus are mostly bearish with top posts about another drop, yeah people...
Recently i made a prediction that overall market should retrace in 6 months or so - and i was wrong, very wrong. It has already retraced a lot. I truly believe horrible stuff upcoming soon. It will happen weather before or after april 23 earning. 1. Bic caps now, oh sorry, 20 ago this is now 2. Largest candle AMZN has ever had big volatility always...
twitter.com You may check that BTC IS correlated with SPX, on dump. Hence i am extremely bearish on SPX and all of the garbage caps, i believe bitcoin should follow. www.cnbc.com www.fool.com www.cnbc.com Do bankers do exactly the opposite of what they say in mass media? A. Maybe B. Probably C. Definitely D. Absolutely Another bearish signal is SOPR...
cryptoslate.com --- july 1, 2018 trybe.one nov 1, 2018 ethereumworldnews.com --- march 23 2019 cointelegraph.com --- DEC 26, 2018 www.ccn.com --- april 14 2019 twitter.com --- may 19, 2019 www.zerohedge.com - sep 26, 2019 twitter.com - july 26 2019 twitter.com - oct 29, 2019 bitcoinist.com mar 11-12 2020 cointelegraph.com - apr 11 2020
The price constantly makes new highs while funding keeps being negative - bullish Order flow is bullish, finally. And i fill that makers absorbed all of the sell limits recently Arthur is bearish, he wants you to short May be head and shoulders and wedge and all of that crap so no to wide stop If something goes wrong - break even no cry
Funding is one of my favorite indicators to predict bitcoin price. But it should be applied only within price action context, only and it is long term indicator, do not use it for scalps or day trading. weekly + positions are great for this kind of an indicator. When funding is: negative: we look for long entries; positive: short entries; BUT, it is not...
1. Binance longs are supper indecisive like me. But overall, the are more bullish then bearish now. Thought it is fat moving indicator, it worked quit precisely in past. Funding is also positive, meaning longs are in profit which is bad. 2. Looks like a legit coil 3. Positive bitmex funding 4. Short hunt was successful 5. Bitmexicans are more inclined to...
Binance longs - drop from 0.8 to 0.65 Binance funding - negative Bitmex funding - negative Orderflow - positive all the way Okex LS - 10% dump Friday lows, mondey highs
Some wyckoff logic. Almost 1 year in consolidation. Jesus USDT chart is better If you are a developer, please, put those MDR indicators in tradingview. vcdepth.io - check Gloval MDR - MaxTimeFrame. Compare it with BTC.D, Total2. You will find a pretty interesting correlation. I will buy soon and I will try to ride swings with global MDR and btc. Sounds...
My reasons to go long. 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...
medium.com In this article looking on the charts you will find out that BTC IS CORRELATED TO SPX in Sentimental way. Bullish thesis for SPX 1. FED 6 trilliion bailouts to banks. They are eager to get money back 2. (From sentiment trader) Smart money confidence - 83% - Dumb money confidence - 9% 3. ALL news spreading news on unemployment statistics. 4. 80-90%...
TECHNICALS: Bullish: 200 wsma holding rsi stupidly oversold *though it's not an indication of a bottom From chart history, the price doesn't like to stay below lower bb' Lower trendline penetration Wyckoff I guess this is bullish. lol Bearish: this (overleveraged corona panic) Hyperwave? Wedge? SENTIMENTAL Finex shorts +200% and longs - 40%...
1. Some kind of a coil 2. Areas of interest. 3. Combined order depth leaning quite bullish vcdepth.io 4. Negative bitmex funding and bullish 5% order depth 5. 60% rise of bitfinex shorts. Though longs almost didn't change 6. Some interesting sentiment. Longs entered, longs died 7. Binance OI dropped 10 mil contracts (8%) 8. Most negative binance funding over...