![Bitcoin shorts on bitfinex reach ath (all time high) [btfd] Bitcoin shorts on bitfinex reach ath (all time high) [btfd]](http://ohiobitcoin.com/storage/2018/12/cVFjCL.png)
Another quick look at another important analysis on the weekly chart of on Bitfinex showing the long and short positions reaching an All Time High and looking to push up higher……
Can the weekend plays and cheaper prices encourage some hawkish buying?????? will this get mega squeezed???? Do rule price now????
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We also have some spots FREE in our group, please get in touch about locking in your spot before the price rises in 2019, only 0.01BTC p/m for signals, guidance, more ideas and charts then we give in the free telegram groups, please contact @majoraussie either with PM or in our telegram groups…..
what exactly is this chart showing/saying?
Shown by the red line on the bottom chart we can see an has been reached with BTCshorts and the pressure from above is so great its going to take a HUGE amount of buying to start making an impact on these, that said NEVER rule anything out with , its a great teacher that nothing is ever absolute when it comes to the markets and trading in general
The green boxes signify zones for possible lows and highs in the coming weeks to months ahead into 2019
Enjoy the rest of 2018 and lets have some exciting times & trades together in the BTFD telegram chats as we move into 2019, just search BTFD in telegram and you will find us, alternatively contact me on @majoraussie
Any questions or comment welcome…..
Published at Sat, 08 Dec 2018 03:25:38 +0000