Bitcoin Longs vs Shorts with RSI analysis
Credits to Murad Mahmudov's tweet for bringing RSI of LvS to my attention.
twitter.com/MustStopMurad/status/1122188132613541896?s=20
- Top plot - BTC/USD Coinbase spot price
- Mid plot - BTC/USD Bitfinex Longs versus Shorts
- Bot plot - RSI of LvS
- LvS > ~ 70 = overextended longs; potential drop incoming!
- LvS < ~ 30 = overextended shorts; potential drop incoming!
Credits to Murad Mahmudov's tweet for bringing RSI of LvS to my attention.
twitter.com/MustStopMurad/status/1122188132613541896?s=20
to infinity and beyond
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
to infinity and beyond
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.