BITFINEX LONG/SHORT ANALYSIS Short/long = 60/40 = 1.5 oversold Short/long = 40/60 = 0.6667 overbought Blue line shows the long% = long/(long+short), then you can apply 60/40 to find opportunity.
Note
the green line and redline are long/short positions. the blue line shows the actual percentage of long. Then you can apply 60/40 to find opportunity, or you can calculate other ratios. On the bottom, you can see the actual #positions of long and short.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.