What are the most reliable short squeeze indicators for cryptocurrency trading?

1 answers

• Dec 29, 2021 · 3 years ago
  Another reliable short squeeze indicator for cryptocurrency trading is the relative strength index (RSI). The RSI is a momentum oscillator that measures the speed and change of price movements. When the RSI reaches oversold levels and starts to reverse, it could indicate a potential short squeeze. Traders often use the RSI in conjunction with other technical indicators to confirm short squeeze signals. Additionally, monitoring social media sentiment and market sentiment indicators can also provide valuable insights into potential short squeeze opportunities. By combining these indicators, traders can make more informed trading decisions and potentially profit from short squeeze events in the cryptocurrency market.
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