True retail long% is 35.4% (which is the 6th percentile). 24 hours ago it was 38.1%. In other words, only ~35% of retail accounts are in a net long position.
Long% can decrease in three ways:
1. longs enter, shorts enter (but shorts enter at a higher rate)
2. longs exit, shorts exit (but longs exit at a higher rate)
3. longs exit, shorts enter (self-explanatory)
If open interest is increasing (which it is), it means longs and shorts entering (which is option1). OI is in the 99th percentile right now and increase by ~0.5b over the last 24h.
So the 24h OI delta of +0.5b coupled with the 2.7% decrease in long% indicates retail longs and shorts are likely both entering but shorts are entering at a higher rate, fueling this move up.
This move likely continues going up until retail long% starts to reverse and move back up (trapping longs).
Long% can decrease in three ways:
1. longs enter, shorts enter (but shorts enter at a higher rate)
2. longs exit, shorts exit (but longs exit at a higher rate)
3. longs exit, shorts enter (self-explanatory)
If open interest is increasing (which it is), it means longs and shorts entering (which is option1). OI is in the 99th percentile right now and increase by ~0.5b over the last 24h.
So the 24h OI delta of +0.5b coupled with the 2.7% decrease in long% indicates retail longs and shorts are likely both entering but shorts are entering at a higher rate, fueling this move up.
This move likely continues going up until retail long% starts to reverse and move back up (trapping longs).
Forwarded from Abubakkar
I don't know how to share my pnls with you sir 😂😘
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⌛#CELO/USDT ( SHORT )
🍁 Leverage 👉 20X to 25X
⛩️ Entry ➡️ 0.374 - 0.375
💠 Targets :- 0.371 | 0.367 | 0.364 | 0.360 | 0.355 | 0.351
🔕 Stoploss = 0.396
🍁 Leverage 👉 20X to 25X
⛩️ Entry ➡️ 0.374 - 0.375
💠 Targets :- 0.371 | 0.367 | 0.364 | 0.360 | 0.355 | 0.351
🔕 Stoploss = 0.396
📍Coin : #MUBARAK/USDT
🟢 LONG
👉 Entry: 0.03982 - 0.03840
🌐 Leverage: 20x
🎯 Target 1: 0.04021
🎯 Target 2: 0.04061
🎯 Target 3: 0.04102
🎯 Target 4: 0.04144
🎯 Target 5: 0.04186
🎯 Target 6: 0.04228
❌ StopLoss: 0.03697
🟢 LONG
👉 Entry: 0.03982 - 0.03840
🌐 Leverage: 20x
🎯 Target 1: 0.04021
🎯 Target 2: 0.04061
🎯 Target 3: 0.04102
🎯 Target 4: 0.04144
🎯 Target 5: 0.04186
🎯 Target 6: 0.04228
❌ StopLoss: 0.03697
Forwarded from Jeffie Reid
Hello dear, I wanna join VIP six months
💥 Futures (Free Signal)
🔴 SHORT
#XVS/USDT
Entry zone : 7.54681 - 7.327000
Take Profits :
7.289998
7.069089
6.848180
6.627271
6.406362
Stop loss :7.83989
Leverage: 10x
🔴 SHORT
#XVS/USDT
Entry zone : 7.54681 - 7.327000
Take Profits :
7.289998
7.069089
6.848180
6.627271
6.406362
Stop loss :7.83989
Leverage: 10x