This chart does not lie if applying this rule if correct ~ "Longs decreasing, shorts increasing" Is Price in an established downtrend? Answer Yes then Longs are getting liquidated or getting stopped , Shorts are selling after downmove : Answer "Bullish Reversal!"
Shorts Red Line
Longs Green Line
No doubt the Whales will still have a say as to whether or not this is going to play out in the future!
Shorts Red Line
Longs Green Line
No doubt the Whales will still have a say as to whether or not this is going to play out in the future!