Technical Notes | $BTC | Top trader long/short position ratio: 1.57 | Long 61.2% / Short 38.9%
First, a definition: The normal range for the same top trader long/short ratio can vary greatly from one coin to another, so comparing it with its own historical values is more reliable.
Next, how to read it: I personally use the long/short ratio as a secondary indicator; I mainly look at price structure and trading volume.
Indicators can be inaccurate, but risk management should never be overlooked: deciding in advance what to do if your assessment is wrong matters more than guessing correctly.
#BTC
First, a definition: The normal range for the same top trader long/short ratio can vary greatly from one coin to another, so comparing it with its own historical values is more reliable.
Next, how to read it: I personally use the long/short ratio as a secondary indicator; I mainly look at price structure and trading volume.
Indicators can be inaccurate, but risk management should never be overlooked: deciding in advance what to do if your assessment is wrong matters more than guessing correctly.
#BTC