BTGUSD Why so many longs? Does this mean there will be a pump? Or is it just a blushing of the eyes, perhaps a bug from Bitfinex. Something is wrong here. Find out in the course of events. Pay attention. Risky altcoin. By TA: Have accumulation proccess in the triangle. Enormous acomodation the longs by Bitfinex from 17 August. Health volume.
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by @SupernovaElite
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Dagangan aktif
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BTG on the good support zone in the local uptrend channel.
That support has held up for over two months now, almost three. My guess is that confidence would disappear once the support breaks, but if it doesn't, it'll keep going up. We should find out here in less than a week.
780K contracts Long and 56K contracts Short. That works out to approx. 93% long and 7% short interest...
This coin is highly volatile for sure and the 51% attacks and subsequent delisting by Bittrex had a very fuddy effect on the price. But when things seem really, really bad it is usually time to be fearless right? But 93%... ?
I am a holder but maybe now starting to feel more fearful than fearless... lol.
@graham.edwards84, You sound like you don't know much about whats going on the inside, your an outside perspective so your missing the details you need to make sense of it. Your a holder, so whatever is going on you have a stake. I suggest you increase that stake ;)
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@ruraldisturbance, yes. I don't know what is going on the inside. But I have been buying on the dips and have a good accumulation. I'm a believer in this coin.