By taking longs/shorts ratio we get a cyclic chart and it is near past history lows. But as always it can break down on extreme panic sells and BTC is yet to see some panic like previous leg down to 6K. So I am sharing this as a point of attention.
הערה:
Longs making a new high after hitting way lower than recent bottoms
הערה:
Looks like a return to mean is probable
הערה:
There is a double bottom so far, looking like it failed to bearish engulfing.
הערה:
double bottom lost, ratio is below 1 which means shorts are greater than longs, that's the lowest ratio in 2018
הערה:
Increasing bears margin with market going upward
הערה:
Bulls about to make a new higher high
