BTCUSDSHORTS trade ideas
BTC stealthy short squeezeNotice how shorts are covering they're position in hoards. At the same time comparing btc longs, notice that buyers arent increasing.
No buyers here, only too many short sellers. Big red flag for crypto since this pattern can be seen on many other short and long graphs.
This could defenetly go higher with momentum buyers but overall very bearish
BTC SHORTS | DUMB MONEY VS SMART MONEYThis is an analysis of BTCUSD SHORTS vs BTC
Today's lesson we will attempt to understand, where Smart Money shorts, and conversely where DUMB Money shorts.
This is somewhat satire, and should be taken with a light heart. If you are in either category I'm not here to offend you, nor to compliment you.
Except, if you Short Sold the top of every rally, aka Smart Money, Congrats Madam and Sir
Green circles, complimented with green vertical bars represent where SMART money Shorts the Market.
I was able to identify 3 key levels where smart money short sells, 21,000 18,900 and 16,000 @ BTCUSDSHORTS level.
These guys have been the bear market champs! Shorting the top of rally, with impeccable timing.
Red Circles, complimented with yellow Vertical bars, represent where DUMB Money shorts BTC
In Era's of Dumb Money Shorting, we see shorts FOMO, parabolic increase in short positions, only to cover or get liquidated at a later date.
2 of these Era's can be considered a Selling Climax, well because, Selling was at all time high, check the BTCUSDSHORTS chart.
The inverse HnS Shorts, We'll call them, sorta dumb, because they shorted a reversal formation.
We'll see how this one plays out,
We're about to enter the BTCUSDSHORTS "Sorta Dumb Money" area,
If the short works, then my analysis is broken.
If it the short doesn't work, then "Sorta Dumb Money" is sorta dumb.
One thing is certain, Short selling is on the rise,
And Bitcoin just set a higher low, at a Short Selling Climax.
BTC to 10k. Nuff said.We're still long from 6.5k, and we still have a ways to push up yet.
In April it went from 7k to 10k with that short squeeze. As previously mentioned, we are now in the midst of the same scenario. Strong MACD cross, RSI looks good.
What's interesting about this scenario that's playing out is the last initial short squeeze propelled BTC from 7k to 8k and went down by 14k in contracts. While we have moved up from 6-7k and there has only been a squeeze out of roughly 7k in contracts. We still have a lot of lemonade to make with those bear tears and this will continue to drive BTC higher.
We'll look to get out just under 10k. You can put a protective stop in place, all though I don't think it's necessary. Timing wise, I think this will take until the end of September.
Happy Trading,
-Sherem
BTCUSD (SHORTS/LONGS Positions)According to the schedule of shorts, we have reached our maximum and we are in the zone of supply. And shorts should be shortened - this logic should close shorts due to movement in bitcoin up. Longs are in the support zone. And most likely will show an upward correction
BTC shorts caught out of positionEnough said - BTC shorts were low and falling when BTC was at $8500 and hit a low point when BTC fell past $7600. Since then, BTC has found support and people have been rather slow to realise they are on the wrong side of the trade. What will happen? Shorts being closed and people being liquidated resulting in BTC being catapulted above $7000 (target $7400+). Rather than trying to push BTC in a direction, react to it. Otherwise you will also be caught out of position.
Thank for visiting, please leave a like. Protect your funds.
BTC - The shorts have broken to the downsideIf you look at what has been happening with the price of bit-coin lately and compare it to what is now happening to the bit-coin shorts you can probably guess where this may be heading. If a full blow short squeeze develops we should see a significant increase in the bit-coin price. Maybe 1K+ in a very short time. Woe to those using leverage!
As you can see in this chart the bit-coin shorts have topped out and have now broken out of the upward channel to the downside.
From 32000 Short positions to 18000 short positions - Bullish??Analysis on thinking how Bullish it could be if the amount of Short Sellers would be reduced to 18000 from the top levels where it is right now ?
A violent squeeze could have a good effect! :))
We'll see!
#GBaz #ColorChart #SqueezeAnalysis??
BTC/USD - Analysis of the current short squeezeA sustained, slow short squeeze seems to be going on. Short interest levels have recently been at all time high, similar to 12 April 2018, which saw a massive 1 day blitz short squeeze. But what took 1 day then - or rather just 1 hour - is now a much more drawn-out process. I think the intent of whale market participants behind the current slow squeeze is to turn the market from bear to bull.
So, I made this chart to help me monitor and analyse the current short squeeze.
Have a nice day.
Short-term bearish crab on BTCUSDSHORTSJust hitting the conservative B target would finally bring it back below 35,000, which is the point at which I suspect the bull starts becoming quite obvious even to most bears. Once this starts playing out, it's also a long-term double-top(at the PRZ of a longer-term bearish butterfly pattern from earlier this year).
BTC/USD - High short interest is the best price protectionI think we may not see a sudden massive short squeeze but rather a prolonged and small short squeeze taking place over days or even weeks. That is the best thing for the market right now, because high short interest is the best plunge protection. BTC price simply won't drop significantly as long as short interest remains very high.
In a market that is slowly going up, eventually all shorts need to cover. If this scenario plays out then moving average lines will slowly turn up, golden MA crossovers will take place, ichimoku cloud will improve, etc. So, high short interest will keep on improving the overall condition of the market.
The best strategy if you are a BTC bull, in my opinion, is to keep a core position long in the market, and only trade with a small percentage of your account (if at all). This is because right now it seems that the risk is to the upside, not to the downside - meaning that if you do not remain long, you may miss out on sudden gains in the market. Such a strategy will also allow you to sit back and relax.
This market right now simply favours the bulls.
I'm even starting thinking that we may have seen the bottom in this market - or rather the bottom line (around USD 6,000 - or 5,850 to be more precise).
Best of luck with your trading/investing.
Bitcoin LONGBitcoin shorts on bitfinex are approaching their all time high, what does this mean for the price of btc??? I think we are going to have yet another short purge. I expect a big green dildo to 6,620 at least. Not your normal fractal, but trading against human phycology is an indicator on its own. Like do the opposite of what cnbc says do lol. If you follow the herd, youll end up like the herd. 90% of traders lose money, right? So why would you follow them??? Thank yall for reading, more analysis to come :)