🤔 What is it?
It's a tool that shows you the percentage of people who are opening buy (Long) positions versus sell (Short) positions on a specific currency.
✅ Example:
If 75% of traders are opening buy positions... and 25% are opening sell positions → the market is full of optimistic people, but... this is not always a good thing! 🚨
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⚠️ Why is this considered a danger signal?
Because the market often moves against the majority!
Whales know where people entered, and they move the market against them to hunt for stop losses and take their liquidity 💸
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💡 How can you benefit from it as a beginner?
1️⃣ Open a site like:
• CoinGlass
• Binance Futures Data
2️⃣ Check the buying and selling ratio of the currency you are monitoring.
3️⃣ If you see a very high buying percentage (for example, above 70%):
⛔ Beware of entering a buy... the market might turn against them and drop.
4️⃣ And if the ratio is against them (everyone is opening sell positions):
✅ Watch for opportunities to rebound upward.
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🔁 Combine it with other tools:
🔥 It's best to combine this tool with:
• Support and Resistance
• Relative Strength Index (RSI)
• Supply and Demand Map (which we explained a little while ago)
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📌 Summary:
• Don't follow the herd 🐑
• The market profits from people's haste, and your role is to see where the majority is heading... and think against them wisely!
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In the next section...
I will explain to you a secret tool that reveals when the market might explode with strong movement... before any breakout happens! 🚀
Interested? Click to follow
