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Topic: We need to pass $547 to see a REAL jump! - page 4. (Read 10642 times)

full member
Activity: 238
Merit: 100
It should go to $572 ASAP or it is very weak.
I am long... Lets see what happens..






Buy your 200 BTC bby
jr. member
Activity: 84
Merit: 1
It should go to $572 ASAP or it is very weak.
I am long... Lets see what happens..


full member
Activity: 238
Merit: 100
full member
Activity: 238
Merit: 100


Bitfinex

Get rekt



Where did that wall go
full member
Activity: 238
Merit: 100


Bitfinex

Get rekt
hero member
Activity: 784
Merit: 1000
challenge accepted
full member
Activity: 238
Merit: 100
I am short just finished filling 540's short..

but


if it passes $547 i will buy 200....
Smiley


(bitfinex)

Are you sure you have the money to buy 200 BTC?

Wink
jr. member
Activity: 84
Merit: 1
I am short just finished filling 540's short..

but


if it passes $547 i will buy 200....
Smiley
hero member
Activity: 686
Merit: 500
541 on bitfinex

Time for the test?

Certainly seems like it. So who's betting for it to break, and who's betting against? Heh, I think it will fail, but I am too scared to short. If it breaks and looks strong, I'll be buying in for the ride, though.
full member
Activity: 238
Merit: 100
541 on bitfinex

Time for the test?
full member
Activity: 238
Merit: 100
very interesting.....

I am ready to close shorts and go long at $548 on bitfinex...

lets see..




..............
jr. member
Activity: 84
Merit: 1
very interesting.....

I am ready to close shorts and go long at $548 on bitfinex...

lets see..

legendary
Activity: 2156
Merit: 1070
I am sticking to my plan...

I am short bitcoin @$530.. I will short more at $535 and $540 ,, if it goes to $550 i will stop and get ready to close the shorts and buy 200 at $548..
IF not then down we go and i will be very happy either way..

Whats the issue?

lol



Thats a horrible plan. You should have put in short orders at 545 right below the obvious resistance at 547.  Now the market has already corrected and it is consolidating higher for a breakout above 547 within the next few days. I bought at $525. 

What's the issue? lol
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
I am sticking to my plan...

I am short bitcoin @$530.. I will short more at $535 and $540 ,, if it goes to $550 i will stop and get ready to close the shorts and buy 200 at $548..
IF not then down we go and i will be very happy either way..

Whats the issue?

lol



ok i'm calling your strategy "premeditated panic buying"   Grin

not a bad plan in all honesty, i like your numbers.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
...
Whats the issue?

lol

The issue is you are shorting like mad in a long-term Bull market and prepared to take losses & go long at a higher price.
A much better plan would have been to buy big at ~$400 (or lower) and sell part of that now, so you win either way.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner

If it goes to $522 on bitfnex i will be forced to close my short at $500 and wait for the $547 to go long again.


you should have no more shorts and ready to go long


jr. member
Activity: 84
Merit: 1
I am sticking to my plan...

I am short bitcoin @$530.. I will short more at $535 and $540 ,, if it goes to $550 i will stop and get ready to close the shorts and buy 200 at $548..
IF not then down we go and i will be very happy either way..

Whats the issue?

lol

STT
legendary
Activity: 4102
Merit: 1454
No this is no good.   Volume flat lined and price has risen some off the recent lows.   It does not appear constructive to a bigger move and personally I dont care for anything less then 100 up or down.      Right now its idling with the heater on, eating doughnuts and coffee.  Is this the time it breaks upward, I would guess not more likely a repeat so back to defcon 5 imo :p
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
We got through the last treadline but the REAL issue will now be $547 USD on bitfinex.

If we can get through that number you will see SERIOUS VOLUME and A MAJOR break upwards..

I have shorted at $500 even on bitfinex..

I think a 50% fib retracement to $472 ,,,

If it goes to $522 on bitfnex i will be forced to close my short at $500 and wait for the $547 to go loong again.

LETS SEE what happens..


I think a 50% fib retracement to $472...
I had a similar number in mind, but...
Have you heard about the Bud Concert Series Bitcoin giveaway?
Fundamentals matter a lot, and with so much amazing good news, Bitcoin might go to $800 (for example) before you see a classic "predictable" correction.
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