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OTE short zone.

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Based on the data collected by my server. The 'accumulator' which measures the cumulative buys - sells.

Its much more accurate than accu/dist indicator since it is derived from each trade whether it is a buy or sell, and not the closing candle.
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Decelerating amount of accumulation seen on the daily chart
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Rally being sold into, starting from 13th December:
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Despite it being sold into, price is still drifting higher and higher. The accumulator clearly shows that it is being sold into the highs, signaling a powerful divergence here.

Until I see a spike in the cumulative buys, it is a sell here.
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Technicals:
  • Bearish RSI divergence
  • Daily double top
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Update: Short closed at 50 yuan loss per BTC! This is still looking strong, with signs of re-accumulation here...

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评论
Long on a breakout above 3100.
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Short active.... still a good zone
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