Hello friends
Often I do an analysis of the short and long positions on the Bitfinex crypto exchange.
Now I want to explain how to analyze from this analysis where Bitcoin will go. From experience, I can say that short positions are closed when a large volume of positions is liquidated, as it was when Bitcoin broke the 6300-6400 level on May 8-9.
Now the shorts are at their lowest marks and they will increase. and eliminated a little later after 8400 breaks.
I analyze the levels of support and resistance in my experience it works
Example
Often I do an analysis of the short and long positions on the Bitfinex crypto exchange.
Now I want to explain how to analyze from this analysis where Bitcoin will go. From experience, I can say that short positions are closed when a large volume of positions is liquidated, as it was when Bitcoin broke the 6300-6400 level on May 8-9.
Now the shorts are at their lowest marks and they will increase. and eliminated a little later after 8400 breaks.
I analyze the levels of support and resistance in my experience it works
Example
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More info
partner.bybit.com/b/excavo
t.me/excavo - admin
t.me/excavonews
t.me/excavochannel
