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Short-squeeze

Potential Relief Rally to $8-9 upcoming? Price action in the MJ Sector are known for their extremely quick movements and the euphoria is short lived as retail traders take their profits. A quick and massive short squeeze plus hype from overall market sentiment is what it will take for this movement (Since much of the traders of ACB are retail traders). Historically it has done exactly just that. Waiting to see if the next 2W candle (Ending January 31, 2020) creates a higher high above $3.02 and closes above $2.92 with strong volume. A close above 2.92 will form a bullish hammer on ACB's monthly chart, further solidifying this trend change. Note: Historical price action between $4-5 moves quickly as there is little support/resistance developed in this zone. Strong buying pressure that lasts until $4 will leave many shorts who entered from mid November to now in the red, which may potentially cause a short squeeze into the neckline of the monthly Head and Shoulders (Around $6). A short squeeze that causes an artificial increase in price will further drive in retail investors to buy more from this hype, and perhaps lead to another short lived Bull Market as we have seen occurred thrice before.
TSX:ACBLong
by Cuyut1031
5
alright not gonna lie i f'ed up hard shorted bitcoin too early!!I will problably at this point be forced to be short squeezed I do see bitcoin at $300,000 in the long term and I just have to make 100% sure I don't miss this run... I was going to buy back in at 4500 when I sold at 5300 range.... however I didn't get it I thought at the most it would push up to 5700-6500 and that would be the top before a correction because major 6k resistance was so close and I didn't think it would just go straight through it like it was nothing.... but it did and now I am very very butthurt obviously I will not buy back in at these prices youd have to be a complete retard to buy in right after a 200% pump in literally 8 weeks.... but... I will problably be forced to buy back into this correction closer to $6,000 and get short squeezed pretty badly..... from 5300.... I do believe this will correct to 4500 but I can no longer BET ON IT ANYMORE I MUST MAKE SURE I OBTAIN THEM AND NOT GET LEFT BEHIND AND THE ODDS ARENT HIGH ENOUGH FOR A DROP TO 4500 ANYMORE!!!!!! I DO STILL BELIEVE IT WILL HAPPEN BUT I CANNOT BET ON IT AT THIS POINT ITS JUST TOOO HARD OF A DUMP TO BET ON HOWEVER IF IT DOES I WILL PROBLABLY TAKE OUT A LOAN FROM THE BANK OR SOMETHING TO BE ABLE TO COMPENSATE FOR GETTING SHORT SQUEEZED BECAUSE I HAVE SOMETHING INSIDE OF ME THAT JUST ABSOLUTELY CANNOT LET THESE BITCOINS GO!!!!!!!!! I CANNOT LOOSE THEM I MUST GET THEM BACK SOMEHOW SOMEWAY I MUST IF I HAVE TO TAKE OUT A LOAN I WILL DO WHAT I HAVE TO DO!!!!!!!!!!!!!!!!!!!!!!!!!
BITFINEX:BTCUSDLong
by jordanmorin13
7
Bitcoin Back Up To 5400 And Then DownI believe Bitcoin has topped from this move, you can clearly see we have reversed of the daily 9 (as pointed out by Tone Vays, through who I discovered this indicator from), and the RSI has given us clear divergence. My only reservation from going Short right now is the spread between Long's and Short's (bottom Indicator, red line = Short's green line = Long's). I would like to see Short's come down significantly before we make a move down, and the only way that will happen is if we see some kind of a squeeze to wipe out the leveraged Short's. I'm thinking this move will take us to around 5400 and could take several days to materialise. It's possible we go higher, but I am very doubtful we can surpass 6k which is significant resistance zones from multiple points such as the 50 week MA, and the massive base of support formed in 2018. So how I plan on trading this is to set sell orders at 5400, and add to it if we proceed upwards from there. If we don't quite make it to 5400, then I will wait until I see an opportunity for entering a position a bit lower. Of course we could drop from here without a squeeze, but it doesn't feel like Bitcoin's ready to do this so obviously.
BITSTAMP:BTCUSDShort
by kickflip360
LTC hit bottom? OR drop to $5-10?Few different key things to think about in the coming days and weeks. After the good news for the crypto market when the SEC said crypto ETF is a serious possibility and LTC's new collaboration, we saw all the cryptos shoot up in value. With LTC rising nearly 34% over the last couple of days. But the key thing to think about, (I am a Bull so I want this to be the bottom but I cannot have tunnel vision. We see what we want to see) So LTC, after doing so well, will most likely see a correction. The degree of the correction though is the real question. A possible drop to $5-10 is definitely not out of the question! RSI is running very high, and staying high so this a bullish sign. However, LTC could also be forming a large bear flag on the 1 day chart. If the bear flag is validated then a price drop to $5 is very possible. Also the Bollinger bands on the one day support that correction. We could see resistance in the low $30 range as there will be a double bottom here if the bulls can resist. If the bulls can hold on and we see the $50 heavy resistance break for the bears, and the bulls can keep it there, the probability that LTC has bottomed is defiantly increased. However if we loose the resistance around $30 and can't hold, then the price might very well plummet. Like I said I am a bull so my hope here is that we see the bottom here and the 2018 bear market can come to an end. However we have to be open minded and patient. A short to $5-10 is definitely not out of the question and neither is a short squeeze to $50 +. I am very much a beginner and just want to make observations and learn from them! My simple analysis is for fun and learning, please do not make trading decisions based on my observations - like I said I am just a beginner. Thanks so much for reading my analysis, please follow me and like my post! - Max K.
KRAKEN:LTCUSD
by MaxKoke
Bitcoin, The Great Shakeout| Short Squeeze FractalThere's a short squeeze brewing, all the bulls know it. Perma Bears are still shorting. What's the big picture trade? Well, our previous long entry at $6040 for the squeeze was viable and currently still in profits. A hedge Short was opened at $7370 Analysis of the previous squeeze occurring on 4/7 demonstrates a possible fractal in 6 phases: Phase 1 Swing low, followed by an initial peak , Which are labeled on both charts. (swing low) (initial Peak), During that period BTCUSDSHORTS declined. Phase 2 Initial peak to HL (higher low) Once again labeled on the chart. BTCUSDSHORTS climbs Then Phase 3 C1 C for channel, in both cases a rising wedge. That bounced off 61.8% fib Previous fractal was a perfect bounce, this time around, not quite. The end result is a LH, lower high BTCUSDHSHORTS pullbacks, then goes parabolic Phase 4 Knife A pullback from LH @ CI, to form HL2 @ fibo %23.6 Expected current target for BTC HL2 $6400 Phase 5 C2 Projected in the near future, yet present on 4/7 fractal. C2 should draw in even more Shorts to squeeze. Climbing from fibo %23.6 to %50 Phase 6 Final Shakeout, Drop back down to fibo %38.2, Then the rest is history. Initial Target after squeeze, is $10,000 @ Fibo % 161.8 If you're asking why, Well observing the Shorts chart, Bulls need to give up hope, and bears need to believe they're actually winning. The objective: increase leveraged shorts for a mega squeeze burn out all the bull hopium Shake everyone out, then finally Moon it :)
BITMEX:XBT
by Fibwizzard
2
Bitcoin Looking StrongSo the price of bitcoin went about 200 dollars above my target and Right now I am using the bitfinex chart because it is leading the way in terms of bullish strength, which makes sense because it also lead the way in bearish strength on the downfall. There is a possibility that if this strength persists it may be able to break out to make a higher high, above 8500, however, if it doesn't then the bulls on the exchange are fighting to get slaughtered. Also, it appears that a lot of the whales have shown their faces, buying and selling, opening large short sells a lot right now which I think is an interesting note, including a 10000 bitcoin worth of shorts, which I believe is owned predominantly by a small group of people or an individual. That's a big short, and it was a smart positioning, so these are definitely whales fighting it out or whales appearing to fight it out to get a good short position or any other realm of possibilities. Right now in Bitcoin: There is a strong channel and there is a symmetrical triangle in that channel, so it can break in either directions, if it does break downwards, I think the bottom of the channel will provide strong resistance, enough to catch it; however, there is a huge morning star inverted hammer, huge. And it marks a strong resistance at around 6430, a close above this wick would how strong bullish meaning and it would indicate a lot of weakness in the bears and it would also mean that the bulls will most likely test the 7700 to 7800 area. If something like this does occur, it may cause a short squeeze, a big one, but I do believe that short is smart money, because of the placement, its really truly phenomenal to witness smart money at play. If the support of the channel is broken, I believe the bears will most likely retest 6800 and I think it will most likely break. Key Points: 1.) On Bitfinex, Bitcoin is in a strong ascending channel with a symmetrical triangle (in yellow) inside of the channel. The symmetrical triangle can break out either direction, but I do believe that it is more likely to break in a downwards direction because of the inverted hammer which I would like to add had more volume than any point on the rise and each rejection at the bottom, the price objectives of the symmetrical triangle are 7090 if it breaks out to the downside and 7455 if it breaks to the upside. However, I do think that the bottom trendline, could catch it. Please note: nearly all other exchanges do not show a symmetrical triangle or an ascending channel, instead they show a bearish wedge and a head and shoulder topping pattern. I will be posting an update of this on this thread. 2.) If the triangle breaks downwards, I do believe the bottom of the channel can catch it, however, if it does not get caught by the bottom of the channel, I believe that it will test 6800 and it will bounce to form the right should of the head and shoulder topping pattern, or it will completely roll over, because I have thought something would have been resistance supported by TA and it just fell through. 3.) One last thing to take note, is that there is a possible falling three methods* on the weekly, it was something I was keeping a close eye on because if it does come to fruition, it means there will be a huge drop incoming, it is important to question the validity of this though because the third rising candle shouldn't close above the support of the first weekly candle, and it closed about 200 above it. But that is text book falling three methods, in the real world, not everything can always be so clean. *Falling three methods: about a 5 candle pattern, the first candle is a large decline, and the "three" which can be 2 or more than three but three would be best, should be within the price range of the much larger falling candle. The last candle, the final move of the candle stick pattern, is a significant decline roughly the size of the first candle stick. Last Analysis:
BITFINEX:BTCUSD
by CuddlyCuddles
No more "Short Squeeze".. Because Bitmex Funding rate is > 0For people who still think there will be short squeeze soon ( 21 Aug 2018 ) and the price will jump skyrocket like in April 2018, think again. They already tried to do short squeeze when bitfinex short position was around 36k a few days back but the bull can only pump the price to around 6630$ and then slam down hard. I think the better indicator to look for the short squeeze possibility is Bitmex Funding Rate. Because when funding rate is < 0 ==> it's mean people hold short position more than long position. The far from 0 down, the more of short positions accumulated. ( You can check rate history here coinfarm.online ) And right now, the rate is > 0 and will be 0.01% soon... it's mean that short and long are almost equal. So no more stupid bears will get Rekt in the near future.... ================== I think a lot of weak hand people, noobies or gamblers already got rekt at Bitmex and those people are out of the market ( no money! ) Right now, only some strong and ( a bit ) smart trader left, and no more stupid 50x-100x at the resistant zone so no more Rekt chain reaction....
BITFINEX:BTCUSDSHORTSShort
by Real_inwCoin
15
Prepare for Short Squeeze! 6500->8000 in few minutes!Remember April 2018 when everyone have no hope in crypto and a lot of ppl said it will go down to 4k? And people just build up short position along the way and it reach the ATH at 40k short position at Bitfinex... What happen next is... they got rekt! and price of BTC jump from 6800 to 8000 in few minutes. ( I still remember that moment, I having dinner and got rekt alert from Bitmex Rekt bot. ) Well, this time it could happening too. Because when most people looking at the same way, whale ( or maybe us lol ) will do the opposite. I think if the price can stay at 6500 + it will be very scary because it might jump real bad because of short liquidation chain reaction at bitmex. I think a lot of big order are around 6500-6800 range and it can be rekt so easily. Anyway, it might not happen but who know! Better prepare!
BITFINEX:BTCUSDSHORTSLong
by Real_inwCoin
BTC: short squeeze soon possibleHi, a quick update, since BTC is doint it's boring thing again. However, interestingly, we have now a similar situation as in early April. The shorts are rising more and more, and will soon be higher than the longs. In this case, I think we'll see a nice short squeeze, as in April. I'll keep a close eye on the long/short ratio at Bitfinex. The indicators are otherwise oversold on one week and three days, which coould indeed mean that we'll see short term pumps up to 10k. And then when everyone is hoping for the bullmarket again, and longs are high again, BTC will probably brutally destroy all hopes and dreams and continue with the bearmarket till 2019, hehe.
BITFINEX:BTCUSDLong
by SebastianofMoon
1
EOS greed - short squeeze might happenShorters are too greedy in EOS. EOS dropped 30% in the last 24h and too many traders are still thinking it's an easy trade to short EOS. But they forget to watch EOSUSD SHORTS chart. This chart says that EOS shorts are still builing up, but shorters are not able to push the price lower anymore. That's the same situation that happened to BTC on 12th april 2018. When shorts are accumulating at the same price level, if bulls manage to push the price higher in a green pump, shorters will start to close their positions. And when there are many short positions on the same price level, this results in a massive "short squeeze". Of course don't forget that shorts building up and price not moving down is not a guaranteed indicator that price will go up. Bears can still win and push the price down in the end and close their positions normally. But.. if bulls manage to make a push, it's a very bad situation for the bears, as all of the will start closing their shorts together (= buying). BTC shorts are also on a rise, with BTC daily RSI touching oversold level, history shows that we always had a rally after that. This is a good time for long EOS position imho. If you're not sure about that, just wait for the squeeze pump to enter. Also EOSBTC is in support zone atm (0.00160 - 0.00167).
BITFINEX:EOSUSDSHORTSLong
by Da-One
BCASH Shorts on finex are currently parabolic (possible squeeze)Some big players have been shorting bitcoin cash since 950$ which hasn't worked out very well so far considering its currently at 1550$ which leaves many of those shorts trapped pretty hard (millions of dollars worth of shorts), which leaves me expecting a possible squeeze causing these shorts to collapse sending bitcoin cash up a couple hundred bucks and possibly up to 2000$, (I will personally start building a short position after that happens)
B
by SkiMaskTheSlumpGod