Trapped Traders (Binance Sentiment Data!)

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  • Опубликовано: 11 сен 2024
  • 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: www.binance.co...
    Get lifetime access to the learning course here:
    bitcointrading...
    Price action and volume guide: bitcointrading...
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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!

Комментарии • 49

  • @DJxSGGxNeo
    @DJxSGGxNeo 3 года назад +7

    You just saved me, I was stuck on CVC/USDT just now and it looked exactly like ETC at 09:02 on your video... After you explained how things would work in this pattern I instantly understood and sold, I am watching it drop now. I am glad I pulled out when I did. Either it would just continue to go sideways or drop like you said. Thanks a bunch man!

    • @JoePerdue
      @JoePerdue 3 года назад +1

      funny coincidence that's why I'm here now...i just skipped to 9:02 thanks to your warning.

  • @DEV_XO
    @DEV_XO 4 года назад +10

    Im kinda exited about reaching this videos, I started to see all your videos from the oldest ones to newest ones. So yeah, thanks for everything mate, keep uploading good content as you always do.
    Soon or later your channels should reach some nice number of subs. Thanks you!

    • @onetwo4833
      @onetwo4833 4 года назад +1

      Bet you he hits over 100k this year.

  • @susancorgi
    @susancorgi 2 года назад

    It's crazy how nobody is using this data at all. This vid deserves more likes

  • @CornTrader
    @CornTrader 4 года назад +3

    thank u Bennet, nice analisys on trapped once! Have a great day/evening! With love from Berlin:)

  • @chasecambre311
    @chasecambre311 4 года назад +2

    In your EOS ex...bitcoin went up by 1% while EOS went up by 3% (from what I could see with how quickly you moved the curser) yet you pointed out how EOS barely went up compared to BTC. Love your ways brother...just got to keep it honest.

  • @ddljddlj704
    @ddljddlj704 4 года назад +5

    This guy is knowledgeable

  • @obikanobidombo433
    @obikanobidombo433 4 года назад +4

    Glad I found yoyr channel. There are too much shillers and manipulators on youtube.

  • @dex9525
    @dex9525 2 года назад +1

    Bro, what ever you are saying seems to be correct as per the charts... But it's really hard to understand what you are talking about.. it's too confusing.. i couldn't get even an iota of what you said..

  • @kennyh7635
    @kennyh7635 4 года назад +1

    this video is gold thank you!!

  • @protoplast.youtube
    @protoplast.youtube 4 года назад +1

    thanxxx a lot!! its intersesting but difficult but important

  • @lukeschaeffer2551
    @lukeschaeffer2551 2 года назад +1

    @6:05 Given that the % change in the futures data is so tiny, couldn't it be argued that more people just decided to go short, upon seeing weakness, as opposed to longs taking profit? The longs are no longer trapped when the market starts to tip, in this example, whereas in your other examples the trapped longs are apparent cause the sell off prevents price from even reaching b/e

  • @miradorimon8893
    @miradorimon8893 3 года назад

    you are amazing! Thank you so much for sharing!!

  • @sol6604
    @sol6604 3 года назад +2

    this is awesome :D

  • @quitscammingpeople9872
    @quitscammingpeople9872 4 года назад +3

    People buying from all the crypto shill videos going on RUclips. They even make me want to buy some, but I wanna wait for a big dip

  • @mrGr88n
    @mrGr88n 4 года назад +16

    once again, this is the PAST data, it's looking good only in history. OR, please make a vid with live trading)

    • @TyKexBK
      @TyKexBK 3 года назад +5

      why does he owe you that? he's being generous enough to give you the concept which speaks for itself, if you want to trade or validate it do it on your own time

    • @jinfin221
      @jinfin221 3 года назад +3

      So you want future data to predict future data? Ok

    • @christianpicardo2683
      @christianpicardo2683 2 года назад

      Better re watch the video and understand what he is saying 🤔 better yet re read your question too😁

  • @kindofblueinparis
    @kindofblueinparis 4 года назад +1

    Always impressed by the quality of your videos, thanks. One question though. In what time frames should we do this kind of analysis ? I don't day trade, only swing trade, and would like to know if it would be relevant on 1 day timeframe. Thanks for your help !

    • @ivanbzg8955
      @ivanbzg8955 2 года назад

      same question here did you found and answer?

    • @ruwansamaradiwakara5190
      @ruwansamaradiwakara5190 Год назад

      just tink that how binance exists for years.😄😄😄

  • @jesusfernandez2378
    @jesusfernandez2378 4 года назад

    Thanks a lot for this sentiment videos, i think the best analysis is against the croud. You could do videos about sentiment with options data from btc.

  • @Max-pj9km
    @Max-pj9km 4 года назад

    Great video on trapped traders. Best content on RUclips and a great compliment to Gravity and Master of the Books, two great books to help traders make winning trades.

  • @neilsjmcmahon
    @neilsjmcmahon 4 года назад +1

    @4:19 you say alts follow BTC but usually alts counter trade BTC to begin with and some weeks or months later follow

  • @jadibrahim5020
    @jadibrahim5020 2 года назад +1

    at 5:05 he says "alotta people are buying here what is the worst thing that could happen?" and then the chart shows the price is going down. why? why would the price go down if alotta people buy something? shouldnt go up? what am i missing here?

    • @bitcointradingchallenge3861
      @bitcointradingchallenge3861  2 года назад +1

      Whenever someone is buying, someone else is selling. If there are many retail traders who are buying whilst larger institutional players are selling, that's typically a bearish sign.

    • @jadibrahim5020
      @jadibrahim5020 2 года назад

      Well of course it is. But how do we know its an instutional player? I really wanna understand this concept especially the video where you talk about the position trading

  • @theandy4ever
    @theandy4ever 4 года назад

    very cool

  • @mondwassertv1297
    @mondwassertv1297 3 года назад

    in moments of great optimism and strong uptrends, wouldn´t the data show a ratio more on the long side as well and price is still going up?

  • @streamingmadman2427
    @streamingmadman2427 4 года назад

    Also, how much of the altcoin dumps have to do with traders trying to push profits into btc to profit off its run up?

  • @ahmerhusain
    @ahmerhusain 3 года назад

    2:00 6:30 example

  • @misterburnzy8058
    @misterburnzy8058 3 года назад

    At around 10:20 you talk about 11 longs for every 1 short and the price dips hard. Why is this? Surely with more longs the price should be going up? Or am I misunderstanding something?

    • @andrewcox7851
      @andrewcox7851 3 года назад

      Id assume you'd be chasing price, rather than front running. You'd be like the last person to buy Bitcoin at 65k, the chances of it reversing are higher.

  • @rhyzarthur8256
    @rhyzarthur8256 3 года назад +1

    what's the discord name? any link ?

  • @homegrown6366
    @homegrown6366 3 года назад +1

    Can u suggest me ur book

  • @EugeneBaldovino
    @EugeneBaldovino 4 года назад

    The house always wins...

  • @Xcorps
    @Xcorps 3 года назад

    I cant still understand it, could you do a one live ops, My English its no that good, thanks

    • @Xcorps
      @Xcorps 3 года назад

      I see the graph but how can i read it, example any bar has more green than red and the circle its near to the botton of that bar how I can do my entry or out from the market, thanks a lot

  • @janalgos
    @janalgos 4 года назад

    Does this strategy work well on the daily?

  • @poiau7412
    @poiau7412 2 года назад

    all of your videos are in hind sight id like to see you put this into practice live lmfao

  • @homegrown6366
    @homegrown6366 3 года назад +1

    ?

  • @Marcelo-Caruccio
    @Marcelo-Caruccio 2 года назад

    CONFUSING

  • @danielblake8255
    @danielblake8255 4 года назад

    interested in your course man check your email