XBTUSDBTCUSDTake a look at the correlation between SHORTS and BTC PA
Dont listen to trollbox's and such call it a meme
just run a experiment even on 1 min chart to save time and see the concept.
I use BitcoinnMF Strategy to try to forsee where shorts are headed and so to build my trades accordingly
Of course nothing works 100% all the time but many times I DO find a strong correlation.
You can check more about the script In the related ideas of this post.
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Disclaimer
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.