As you can see here, shorts are low and are bound to spike up sharply while the price tanks; likely within the next 1-16 days. We are either going to see a second bottom just over $3000 USD or a rollover into a new low somewhere between $900 and $2000. After this we can look forward to a great trading channel forming while the market prepares for a supper's rally in late 2019 - early 2020.
*clarification: long on the shorts chart, thus short on BTC/USD
when shorts reach a new high (or double top) and then begin to reverse trend with significant momentum, i will open a new position.