Today’s video covers how you can take advantage of trapped traders from Binance Sentiment data. These provide a great price to limit buy and limit sell at.
If Open Interest increases and Long-Short ratio increases = trapped longs which is likely resistance.
If Open Interest increases and Long-Short ratio decreases = trapped shorts which is likely support.
Here is the link to the site: https://www.binance.com/en/futures/funding-history/3
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Disclaimer: The content covered in this video is NOT investment advice and I am not a financial advisor. The material covered within these videos is for educational purposes only. Always do your own research and only invest based on your own findings and personal judgment. Happy Trading!