What is KDJ? KDJ = K line + D line + J line It is an extension of the Stochastic Oscillator. The three lines mean K (Fast line) → Shows fast price changes D (Slow line) → Smooths the trend a little J (Extreme line) → Very sensitive, wants to capture extreme price behavior What does it mean? Overbought (bought too much) Usually KDJ > 80 Price may fall (sell signal) Oversold (sold too much) Usually KDJ < 20 Price may rise (buy signal) Cross Signal If K crosses D from bottom to top → Buy signal If K crosses D from top to bottom → Sell signal J line If J goes too high → Possibility of sudden price drop If it goes too low → May suddenly rise $RIVER
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You are playing with the emotions of the people. We don't understand. You are undoubtedly a good trader. There is no doubt that you are recouping your losses in other ways. #RİVER $RIVER
The numerical logic behind this wave of RIVER market is actually very clear. Currently, the total open interest in the entire market is 67 million, with smart money controlling 50 million. Breaking it down, out of this 50 million, 40 million are long positions and 10 million are short positions. What does this mean? A simple calculation—four-fifths of the contract positions are in long positions. With this ratio, the room for further upward movement is actually limited because there are hardly any short positions to smash. Instead of the main players trying to trigger a short squeeze, the current focus has shifted to how to close these long positions. The real market situation is like this: open interest is highly concentrated in longs, and trying to make quick profits by exploding shorts is no longer realistic. The next move for the big players should be to find the right price levels to offload their positions. $RIVER
$RIVER FOMO moment, with a 10%-15% fluctuation at high levels. I am bullish and believe this wave has gained the fuel for further rise, but the big players have also sold off, and the contract positions are roughly decreasing. The subsequent market will be more volatile. I hope you enter at favorable positions with sufficient margin, rather than being repeatedly cut off, going all-in with high leverage...
On Jan 20, RIVER listed on a South Korean trading platform, adding to momentum from a Jan 5 investment by Arthur Hayes' Maelstrom. Community sentiment is bullish but cautious, with traders closely watching the 1.5M token unlock set for Jan 22.$RIVER