So been , chaotic last few tens minutes, but know we got that volatility due to trend changing, and we already incline to do down . got back to 0,858 purpose or nearby
huge volumes as previous day at the same time. only long
Look at rake long - shorts = 2,21 , that mean all of shorts going to get out by stop losess soon , and we take a huge candle i would say to bottom of last vawe VWAP 0,78 and we already got a CVD decreasing , otgether with TOTAL descending
So a lot of short would like to exit and some one enter for few millions more. Markets react with higheer volums, and that means it cancel a falling and going to rise up only. at least to 0.9 GOOD LUCK
High volatility and low liquidity instrument :) but some times due to this it rise so high . OI already shows up . It could burst it by this way
Good place for enter Arguments - high OI on purchases - no exits mostly on last few tens minutes - good plpace level
Expect high move to low , due to high short open interest and common volumes and volatility
delisting - a lot of shorts - appearing a big longs become a short liquidations :)
Arguments: -fast growing - small buying volumes - starting sellings
Arguments - high volume on a dodgi - high open interest - good place for enter
- High open interest - gathering stopts - move to about 0,480
- retest support line from another side - closing longs - high volumes