This shorting idea is a continuation of my previous post, you may check it below.
imgur.com/a/4wmKbwB
www.binance.com/en/f...es/funding-history/3
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 day. This is insane!!!
Bitfinex longs decided to long because this is the time to rocket really, rally fast. (Long and short mass in the uptrend - bearish)
70 mil liquidations on bitmex. 65 million contracts out of the market
As you understood, this wick made an incredible damage to shorts, and made everybody bullish again.
WYCKOFF
If OI goes up once once we dump, there will be more downside. Play safe. I will trade it once we break. Maybe enter with small position
imgur.com/a/4wmKbwB
www.binance.com/en/f...es/funding-history/3
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 day. This is insane!!!
Bitfinex longs decided to long because this is the time to rocket really, rally fast. (Long and short mass in the uptrend - bearish)
70 mil liquidations on bitmex. 65 million contracts out of the market
As you understood, this wick made an incredible damage to shorts, and made everybody bullish again.
WYCKOFF
تعليق:
shorting ETH may be even better idea
تم فتح الصفقة:
7515
Stoploss - 7%
Stoploss - 7%
تم إغلاق الصفقة يدويًا
تعليق:
closed short at 0.5% loss Will wait for confirmation. This kind of price action may drive the price anywhere
تعليق:
"What if i am wrong?"
1. Mining capitulation signal.
2. Dump and run pattern
1. Mining capitulation signal.
تعليق:
تعليق:
تعليق:
This wick eat all asks. There are 2 times less sellers than buyers
تعليق:
تعليق:
تعليق:
تعليق:
tradinglite.com/ --- beter visualization of bitmex and binance orders
تعليق:
تعليق:
On binance there is a clear resistance with a large seller around 7700
تعليق:
My opinion, if you break it, the price will go up even more
تم فتح الصفقة:
Long. Entry 7700
تعليق:
stop loss 7%
تعليق:
i do not care where the are you going BTC, just pls break
تم حذف الأمر
تعليق:
wowowow waiting for break out
maybe i was drunk or something. I didnt trade that
maybe i was drunk or something. I didnt trade that
تعليق:
تعليق:
it doesnt take a lot of volume to go up now
