Commencez
EagleView777

BTC/USD - Long interest is skyrocketing, which is a bearish sign

BTCUSD Longs (BITFINEX:BTCUSDLONGS)  
EagleView777 Mis à jour   
BITFINEX:BTCUSDLONGS   BTCUSD Longs
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
In this chart you can see that BTC long interest on Bitfinex is skyrocketing, which is generally a contrarian indicator. Too many people appear to think that the bear market is already over. I think we may however see a substantial drop in the price of BTC in the time ahead, once the present short-term rally has no more legs and the bears take over once again.

Good luck trading.
Commentaire:
Long interest is nog again approaching all time high (ATH). We may see a sharp drop in BTC price fairly soon.
It is all Fibonacci.
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.