Bitcoin, Incoming Short Squeeze

14 באוג׳ 2018

Short interest is growing parabolic, and Bitcoin's price isn't making lower lows,
While market dynamics mimic November 2017, in terms of Market Cap and BTC Dominance.

Historically, the last 3 times short sellers overtook longs in terms of %,
Bitcoin squeezed shorts, and went on a rally.

I believe history is about to repeat itself!

18 באוג׳ 2018

עסקה פעילה

Still Long from $6041
Hedged short today in the high 6500s

Intra-day I'm seeing an inverted ascending triangle, as well as a bull flag on.

18 באוג׳ 2018

הערה

Bear divs on the daily, BTCUSDSHORTS chart,
With a recent RSI Double top.
I'd like to see more shorts pile in to increase profitability of the incoming squeeze.

21 באוג׳ 2018

הערה

The Bear Trap is getting more and more real,
Market Makers painting intra-day bear flags to attract more and more shorts.
Bear flags highlighted with triangles,
Short reactions highlighted with circles