crypt0logic

Rising Wedge Long BTC - Custom Longs/Shorts Indicator

Long
BITFINEX:BTCUSD   Bitcoin
Check out the ALL Longs vs Shorts Indicator, Click Here
It can display any pair's Longs/Shorts on BitFinex

  • The amount of Bitcoin short positions on Bitfinex fell by 20% this morning following a 6,500 Bitcoin short order being closed.
  • Usually a move of this magnitude would move the Bitcoin price up, but it didn't break $5,350 level of resistance.
  • The lack of price action could be attributed to a hidden sell order being placed, which would mean that in spite of the $34 million short position closing, price would remain pegged to the hidden order.
  • The amount of long positions on Bitfinex did increase from 23,800 to 26,000, which could suggest that a trader flipped their short position to long as a result of the ongoing market rally

finance.yahoo.com/ne...tcoin-110528201.html

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.