BITCOIN CASH, Are Big Players Back ?
Diupdate
Retail trader data shows 84.9% of traders are net-long with the ratio of traders long to short at 5.61 to 1. The number of traders net-long is 4.4% lower than yesterday and 2.4% higher from last week, while the number of traders net-short is 45.3% higher than yesterday and 57.1% higher from last week.
I typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Bitcoin Cash prices may continue to fall. Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current Bitcoin Cash price trend may soon reverse higher despite the fact traders remain net-long.
I typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Bitcoin Cash prices may continue to fall. Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current Bitcoin Cash price trend may soon reverse higher despite the fact traders remain net-long.
Trade aktif
BCH comes to the green line, makes head and shoulder and now we will see if it will go where i predicted.Trade aktif
I will post also Short setup in case that price breaks bellow ( green line 168.21 )Trade aktif
I expect the move up but in case that it fails we can see the 80.00 again.
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