COINWISE ANNIVERSARY GIVEAWAY WINNERS 🎉
Huge congrats to @mapeidus (Mape1dus), @annonymousben (Anonben) and @BoriskKng (kng_borisk)
🏆
You’ve officially won 30 Days of Coinwise Pro 🚀
This draw was selected at random, and we love the outcome!
Thank you to everyone who followed, liked, commented, and reposted. The Coinwise community keeps getting stronger.
Winners, head to the Coinwise Discord #redeem channel to claim your prize.
Here’s to another year of more education, more tools, and more edge!
#Crypto #Indicators #Bitcoin #Education #Coinwise
5/ Spot pairs don’t contribute to aggregation; however aggregation for futures supported by TradingView CAN still be displayed on a spot chart pane.
If the spot pair has a complement perpetuals pair on that exchange, that pair will contribute (e.g. Coinbase BTCUSDC.P futures)
11/ The Coinwise Aggregated Open Interest Pro for TradingView. Take your trading to the next level.
🔓 Unlock access → https://t.co/JAO9hwUpCp
For a deeper understanding of TPO and much more, dive into Coinwise Education courses across Foundations, Beginner, Intermediate, and Pro with a subscription to Coinwise Pro + Education.
#Crypto #Indicators #Bitcoin #Education #Coinwise
10/ Open Interest measures outstanding contracts, not trader direction by itself. It doesn’t independently prove whether new longs or shorts caused the change.
More edge can be derived by combining with the Coinwise Longs & Shorts indicator with the Aggregation Suite to better interpret positioning and market intent.
Use it as context, not a standalone signal.
9/ A common price-and-OI framework:
Price ↑ + OI ↑: bullish positioning may be building
Price ↓ + OI ↑: bearish positioning may be building
Price ↑ + OI ↓: shorts may be closing
Price ↓ + OI ↓: longs may be closing
These are clues, not proof.
7/ The Delta histogram makes expansion and contraction easy to spot.
Positive OI Delta means new contracts were added during the bar.
Negative OI Delta means contracts were closed.
Threshold colors can highlight changes that are unusually large relative to recent activity.
6/ Analyze the same aggregated data through three lenses:
• Level: total Open Interest
• Delta: true bar-to-bar OI change
• RSI: stretched positioning
View the level as candles or a line, with an optional moving average for additional context.
4/ Build the basket using your chart symbol plus five additional tickers.
Auto-detect can add available USDT, USDC, and USD perpetual siblings on the same exchange.
*Only tickers returning real OI data to TradingView contribute to the aggregate
2/ Open Interest (or OI) is the total number of outstanding derivatives contracts that remain open.
• Rising OI: positions are being added
• Falling OI: positions are being closed
But crypto activity is fragmented across multiple exchanges and contracts.
1/ Two $BTC breakouts can look the same on the chart; but carry very different levels of conviction.
One may be supported by new leveraged positioning.
The other may be driven by closing positions and fading participation.
Open Interest helps expose the difference. 🧵
NEW FOUNDATIONS LESSON!
Before many major market moves begin, price often spends time moving sideways. But that range may represent something much more important: a transition between supply and demand. This new Coinwise Education lesson breaks down the Wyckoff Method and how traders use price, volume, and market structure to evaluate whether buyers or sellers are beginning to take control.
Video is LIVE!
→ Accumulation, Markup, Distribution, and Markdown
→ Supply & Demand, Cause & Effect, and Effort vs Result
→ Selling Climax, Automatic Rally, and Secondary Tests
→ Springs, Tests, and Last Points of Support
→ Buying Climax, Upthrusts, UTAD, and Last Points of Supply
→ Signs of Strength and Signs of Weakness
→ Volume to identify absorption and weakening pressure
→ Not every trading range is Accumulation or Distribution
→ Wyckoff schematics are guides, not rigid patterns
→ Waiting for price, volume, and structure to confirm
Unlock access by visiting → https://t.co/JAO9hwUXrX
#Crypto #Indicators #Bitcoin #Education #Coinwise
13/ TPO provides context and probability, not guaranteed predictions. Combine it with confirmation, disciplined risk management, and a defined trading plan.
🔓 Unlock access → https://t.co/JAO9hwUpCp
For a deeper understanding of TPO and much more, dive into Coinwise Education courses across Foundations, Beginner, Intermediate, and Pro with a subscription to Coinwise Pro + Education.
#Crypto #Indicators #Bitcoin #Education #Coinwise
12/ For added conviction, pair TPO Pro with Coinwise Confirmation Matrix and the Coinwise Aggregation Suite.
TPO shows areas where the market found value, and where it left unfinished business.
The Matrix helps determine whether trend, momentum, structure, volume, and CVD support the rotation or breakout.
The Aggregation Suite provides broader market context.