Bears are playing around in $BCH . Risk of cascading liquidations.
The position ratio of major players in BCH looks ultra-anomalous.
Shorts opened at $52 million, while longs are only at $7 million.
Big capital is already sitting on floating profits of $22 million, but there's a solid support level at $200 ahead.
Selling at this key historical support is a huge risk.
I'm waiting for a reaction at this round level; a bounce could trigger a harsh short squeeze.
#BCHUSDT #TradingSignals #CryptoTrading
The position ratio of major players in BCH looks ultra-anomalous.
Shorts opened at $52 million, while longs are only at $7 million.
Big capital is already sitting on floating profits of $22 million, but there's a solid support level at $200 ahead.
Selling at this key historical support is a huge risk.
I'm waiting for a reaction at this round level; a bounce could trigger a harsh short squeeze.
#BCHUSDT #TradingSignals #CryptoTrading