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How to Use Open Interest to Confirm Long Entries in Altcoin Trading

0h 00m video Published Feb 20, 2024 Transcribed Aug 5, 2026 Д Дмитрий Щукин | Crypto Trading
Beginner 1 min read For: Novice cryptocurrency traders interested in intraday altcoin trading strategies.
AI Trust Score 45/100
🚫 Clickbait / Waste of Time

"Title promises a powerful signal, but the video is short and lacks depth; it's mostly a teaser for the channel."

AI Summary

This video presents a trading strategy for intraday altcoin trading, focusing on using open interest as a confirmation signal for long entries. The creator explains that during an uptrend, if open interest does not decline during a price correction, it indicates that informed market participants are holding their positions, suggesting the uptrend will continue. Two chart examples are shown to illustrate this principle.

[00:00]
Introduction to Open Interest

The video introduces a strong confirmation signal for entering long positions when trading altcoins intraday. It shows a chart with price action on top and open interest below, explaining that open interest represents accumulated positions at each moment in time.

[00:12]
Open Interest as a Signal

The creator explains that rising open interest indicates positions are being built. In an uptrend, it's important to identify when more informed market participants start closing their positions. If positions are not closed during a correction, it's a powerful signal that the growth will continue.

[00:27]
Example: Holding Through Corrections

The first example shows that on each local correction, traders hold their positions, and the market continues to rise. This demonstrates the signal in action.

[00:41]
Example: First Impulse and Retracement

The second example shows a price making its first impulse, followed by a retracement. During this retracement, positions are held and accumulated, and the price continues upward. The creator advises using this in trading and promotes the channel.

The key takeaway is that monitoring open interest during corrections in an uptrend can provide a strong confirmation for long entries, as it indicates that informed traders are not exiting their positions, signaling continued upward momentum.

Study Flashcards (2)

What does open interest represent in trading?

easy Click to reveal answer

Open interest represents the accumulated positions at each moment in time.

00:12

What does it indicate if open interest does not decline during a correction in an uptrend?

medium Click to reveal answer

It indicates that informed market participants are holding their positions, suggesting the uptrend will continue.

00:12

💡 Key Takeaways

💡

Open Interest as a Signal

This is the core insight: holding positions during corrections signals continued growth.

00:12
🔧

Example of Holding Through Corrections

Provides a concrete visual example of the signal in action.

00:27

[00:00] Если торгуешь альтами внутри дня, давай покажу тебе очень сильное подтверждение для входа в лонг-позицию. Об этом практически никто не знает, поэтому смотри внимательно. На графике сверху ты видишь движение цены, а снизу открытый интерес.

[00:12] Что это такое? Это накопленные позиции в каждый момент времени. Если открытый интерес растет, позиции набираются. В восходящем тренде нам важно понять, когда более осведомленные участники рынка начнут закрывать свои позиции. Если ты видишь, что во время коррекции позиции не закрываются,

[00:27] Это мощнейший сигнал о том, что рост продолжится и рынок будут дальше разгонять вверх. Посмотри на этот пример. На каждой локальной коррекции трейдеры держат позицию и рынок продолжает расти. Другой пример. Цена делает первый импульс, далее следует откат.

[00:41] Но на этом откате продолжают держать и накапливать позиции. И цена дальше идет вверх. Используй это в своей торговле и заходи ко мне на канал. У меня еще больше 50 полезных видео для тебя.

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