BTC Long. Long. Bitcoin / US Dollar Perpetual Inverse Swap Contract (BITMEX:XBTUSD) We might see a retest or knowing BTC it could also just power up from here. Some of the idiocy I see on TradingView. Nov 18, · TradingView. EN. TradingView. Sign In. Ticker Trading Ideas Educational Ideas Scripts People. BTC LONG. Long. Bitcoin / TetherUS (BINANCE:BTCUSDT) Paul_Calder . BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the long .
Btc long tradingviewBTC Long for BITMEX:XBTUSD by MusclesCrypto_ — TradingView
Hello, incredible to see how the lines I drawed months maybe a year ago acted as resistance and hopefully will act as support now. We are in the area separating the bull fro the bear market so, if it is the case, we will see a second up leg in the longs, meaning that BTC will go up.
This is also in line with the indication of my "secret indicator" next idea. Hello, BTC Longs back above 30k units on Bitfinex which, considering the bleeding of BTC withdrawn exhange have been experiencing after Covid, is even a more positive signal than it was few months ago.
As the title says Longs got low. We've seen them rally when they get this low. MADC shows the first signs of changing direction. RSI is at its lowest oversold moment. Let's see Last time the total of positions in the market both long and short,with just bitfinex considered was that low was July '19 and btc started its decline from 13k to 6.
True that thera has been a serious outflow of btcs from exchanges in the last quarter and the data can be affected by that, but still the value is really low wouldhave Its level is excluding hodlers that are long by definitions and do not trade the trend meaning that for each long position there is 1 short.
Total uncertainty among market participants. Shorts are at their Hello, here to show the second part of the idea to identify the general trend before going in details for shorter terms strategies.
Read the related idea in the link below if you want to learn more about the ratio and don't forget to like and comment as it helps me to understand if you appreciate my contents and what to focus on So, starting from the main Volume trails here no much more.
Videos only. Longing is the only option. Long positions have all the right contitions to grow. Comment: Rising Wedge forming, which could signal a dump coming:. Comment: That's not a good sign, it's attempting to retest range and currently failing. We'll have to wait till end of the day:. Comment: It didn't make it back to the channel yesterady so predictably now, it's falling:.
Comment: Someone asked me for a target yesterday, I don't know. No-one knows. All we can do is comment on the price action. I've seen too many of them in my time trading. My advice, learn to trade. Don't listen to anyone, everyone is full of shit. I'm putting this here, because it does not deserve it's own post just yet. So I will just monitor it for now:. This market is immature and that makes it extremely prone to large swings.
It's simply due to the fact that professional traders use high tech tools to trade low times frames. If you are reading this, it's highly likely you are not them!
But the pattern is far more robust. Use that to your advantage. Comment: Twas just an unsuspecting Wednesday:. I will wait to see what happens. Comment: Patience. Comment: Some of the idiocy I see on TradingView People actually basing two weeks of price action on a 60m chart.
Let's look at the weekly. We very rarely see recovery from this type of action:. As well as that people running 2 week predictions based off 60m charts is the height of stupidity here on TV. Comment: A far more likely scenario. Let's look at the weekly, we're on a downtrend right now and short of a miracle, I can see us testing that MA. Is that all doom and gloom? Not really, because that's still a general uptrend.
It's just people are trying to short term trade a market which isn't conducive to short term trading unless you have any number of high tech trading tools to help you.