Indicator Notes | $S | 15-minute open interest +2.57% | Price +2.76%
First, the definition: position value = position quantity multiplied by price. When the price rises, the value rises too; compare the coin quantity to see whether the position has actually increased.
A common interpretation: rising prices with rising open interest are often seen as aggressive long entries, while falling prices with rising open interest are often seen as aggressive entries of new short positions.
Leave enough room when sizing contract positions—don't let a single wick knock you out.
#S
First, the definition: position value = position quantity multiplied by price. When the price rises, the value rises too; compare the coin quantity to see whether the position has actually increased.
A common interpretation: rising prices with rising open interest are often seen as aggressive long entries, while falling prices with rising open interest are often seen as aggressive entries of new short positions.
Leave enough room when sizing contract positions—don't let a single wick knock you out.
#S