Bitcoin Forum

Look at 3 hour chart btc is set to break all time high. buy at 18425-18500 and set the stop loss at 18300. Lock your profits at 21000.

Do you mind giving us some screenshot of your analysis? I think it would be more much convincing if you give us some kind of visual so we would be able to see whether that could be possible or not or good or not.

I think he is commenting on the sudden hike that was created earlier today. It seems bitcoin market has been suddenly pumped by good amount of stash. It doesn't feel like a break even point of BTC price in correlation with the ATH valuation. As far as the data is considered which is real short time no one can judge if this gonna break the current resistance of bitcoin.

That would be unreal speculation I believe.

Well, I can see there's a strong resistance at 18800 and I believe BTC won't see an ATH (above the one it recently made) this year but the next year as traders are keeping it in this zone for longer as well as ranging it. I don't know whether you've got some specific news to say that or just speculation, and it is 100% possible that BTC will go over 22k but after this year. It has found support near 18k so you can go for that area as stop loss rather than keeping your SL so tight as your stop may get hit due to slippage and wicks.

That shows clearly you do know enough about slippage. There is minimum chances of slippage at this level with that much volume. My stop loss is pretty accurate as per 10, 25 and 40 days moving averages. If btc drops to  18300 again that shows that there is no momentum left in the market (which I highly doubt). Big buck are into bitcoins as there is not much going on elsewhere.
I am pretty sure that this momentum will make ATH.

Tbh, I'd like to know your leverage size you're trading this with. If it's not a leveraged one, then I guess your spot purchase is already in good profit even at 1:1 and without any risk except in leverage where chances of liquidation don't even let us sleep the whole night or at least till we close the trade. Yeah sure there seems to be too much momentum in BTC and weakening of dollar is another reason for it to shine, but I still believe that it'll not see an ATH soon enough. ;)
And hey wait, is it the MicroStrategy news that they'll be adding $600mn worth of BTC to their portfolio that moved the markets up?

I have locked my profits but not with that price on $21000. Any idea when that could be? this is like having a free signal but it's still depending to the readers if they'll take a look at your analysis. But it doesn't matter even if many or few will listen to you.
Because the most important matter here is that you still get to lock your profits whether there will be no one that would listen to you. Do you have some analysis for long term like in 2021's end of year?

Shiller lol it's obviously a trap even you check in the market . There is just whales playing it don't be trap with it may look it can but it's hard to break that 20k for now there is not enough demand only full manipulation you can even check it in all buy orders. As long as there is no support it will not gonna happen I will only believe if i see that the support level is change which at this moment is not.

Bitcoin broke 2017's all time high a couple of weeks ago in November. I don't know if you're aware but it's like a norm for Bitcoin's and altcoins prices to remain still or even drop depending on a number of factors. It's that time of the year where people usually take out their profits or assets in order to have a nice time with their family and friends this holiday season. That said, I would suggest being careful at this time because the market's next move is still unknown. So far, it has failed to break above $20K. I feel that there are a lot of traders that are shorting instead of buying at those price levels.

Don't play with fire, likely you will burn the account in case of quick market correction on small timeframes. Buying around $17500 was a better deal compared to trade on $18500-$21000 because the lower the R:R the higher risk it will be. Due to New Year, the long positions will be liquidated during the next 2 weeks, the history will repeat itself one more time.

Probably more corrections will come, that is what I foresee this time. Whether we like it or not, I think the bullish has already end and getting back below $18k at any time.

With what OP's suggestions, that won't buy me, but instead I have to close monitor in the market movement. With this correction period, that what I think the riskier moment when you are in trading coz of a big chance that it goes deeper after buying.

This time my leverage is 25x (though generally I trade with 10-15x) because of the tight stop loss. I have searched this trading section here and very few pros are here sharing there tips. The best way to enter in a nice trade is to discuss with it other pros and adjust as per discussion.
Yeah correction will come but not now till we reach ATH. Frankly I am seeing bitcoin at 25000-30000 before 1st week of January.


 

$700 profits for whoever followed this guy. @19285 again.
Nice.
But I won't suggest locking it at $20k above.
Use this opportunity to make some money even for just a couple of hundred dollars.
That is still profit in just a day of movement.

They suggest also a cut loss if ever his prediction is worng which is a god thing if you don't want to be trapped. I see many analysis also see this 20k is possible but I still not believe in it   . It's looks like whales is on the move to make the price increase to ,20k before this month ends there is actually a possibility the we can see price near and his prediction or can lso be higher than his prediction.

Well, I don't see any tip here. If you know that this will may happen, --it seems to be good to have this strategy but since bitcoin price is unpredictable, you did not know it will go down or even up and set a stop-loss strategy. Technical analysis perhaps will help but the problem is how you will have it to have an accurate result. Just believe your instinct, if you believe that bitcoin will go up beyond $21k this year, just hold on even until next year because for sure you will get profit once we are there.

I could see a trap when saying lock your profit at $21,000. How long we have to wait for that when the market behavior remains like this?
I rarely see such tips in a very volatile market and supposed not to believe on the other hand. Because if I even know what will happen next or someone could have such insights, I don't think he/she wants to share it but instead of keeping on themselves for further discoveries and to know if he/she is right. But for this kind of tip, I'd rather have to trust my instinct and have my own analysis than been held in the trap.

Trading is simple, we are complex.

The price is now at $20000 this user is right the Bitcoin reaches its all time high, if the price would hit $210000 I will follow your advice but I will just lock half of my profit. Even though there's no backup evidence or proof I think this user predict it right.

I guess you were wrong bro.

Do not forget to lock profits. Stay tuned for more tips.

You gave excellent advice and your expectation was great, if anyone followed your advice carefully, they would have made profits by now.

Guessing when you will break the ATM barrier was difficult, so I hope that it is not a coincidence, but rather it stems from a high sense of speculation.

The price rose by more than $ 21,000, which proved that the price rose higher than the peak it reached for a few seconds in 2017.

make more tips topics ;D

Not going to lie, reaching the ATH price is not really that shocking when we have been this close to it for months now, it would be a lot more miraculous if you could have guessed it last summer for example, but on 12th of December we were actually at ATH price levels and near that as well. Plus price broke down a bit meanwhile as well, so it is not really that shocking neither nor successful.

I would say the best case here to prove that you know what you are talking about would be showing what else you can do, can you predict the next price? or price after that, how many days and movements can you guess correctly back to back? I would say keep writing here every single day about what you think that will happen in that day, maybe you will be right, or maybe this was just being above 19k and saying "we will go above 20k" and that's it, nothing too shocking.

That's not a prediction but analysis he see some pattern that will make Bitcoin in that price just the day he posted it. Meaning there is no way for him to say it in advance  before that event happen  which help them to see the future movement of Bitcoin. It's not new to hear that since other traders also see the same pattern and they even saying that the price right now will go to 30k before the year ends which is obviously just a prediction.

Do you know what the crazy thing is? At the time of this post everything in the top10 (by market cap) was in green and now hours later the market showed a dump. I wish I had looked at this more, that way I could have taken some nice profit.

I don't know what analysis was used but clearly this was an accurate prediction.

It was posted dec. 12. The point here is that correction were always happened and your stop loss will probably gonna hit at $18300 when your entry was at 18500. But if you do lower leverage and set stop loss at $17500 you can be profit by now because bitcoin is at almost $23k now.

Showing your own TA and sharing yourchart here can be helpful for us too. So I may compare my own TA to yours.

Great set up in a way if the SL didn't hit you in your play. I know we all think that this prediction is great because it happened, and we are all happy for it, especially those who rode the wave up to the new ATH. I hadn't seen this tip about when it was posted, and even if I did, I wouldn't have followed it anyway.

Great tip because it went to the prediction. I'm not sure what members would post here if it didn't. Probably get roasted for it, lol. I hope OP made some big bucks!

Same for me, everyone that followed is glad that they were able to make money from this signal. I don't suggest to anyone to always follow this kind of prediction because even if they used many techniques in trading, it's not possible to correctly predict every movement of bitcoin. We all know how very volatile and unpredictable it is. If someone really wants to earn from trading, you would study it yourself and trade with your own caution.

When we followed the signal, we need to analyze more to find if that signal can be our reference to buy and sell. If we can get more info from that sign, we can determine when we can trade. But still, no one can accurately predict the crypto market, and it is normal to see if our target price can sometimes be missed. We can learn more about trading to improve our skills, so we can get more data to trade, giving us the chance to make a profit. Be careful when we want to follow other signals, and make sure that we know how to determine when to trade.

To become successful in trading you need to be consistent with your decision and trading strategies. Because if one indicator tells you to buy and another supporting indicator tells you to buy as well you need to buy according to that strategy. But if one is not agreeing to the other, and then it is going to be a conflicting sign which means you shouldn’t trade.

So what happens when the trading indicators all that you are using are aligning but the result is not what did you expect? It’s just the probability of what could happen in the market but it’s not always 100%. I hope every trader does understand that.

If it is true that the opening post bought Bitcoin at a price of $ 18,000, now it can take profit. Because unexpectedly the current Bitcoin
price suddenly rose to $ 23,000. My advice is if we want to take profit at the current price, please do some of it, then we can hold on to
the rest. This way if Bitcoin corrects deep enough we can buy Bitcoin again, and if the Bitcoin price continues to rise to the next target,
we can still feel the profit. Because we still have some Bitcoin that we hold.

Gravity is inevitable on earth but we are on space now.
There is one unique thing about this ATH. Investors are not sure where to move their profits out of crypto as there is not much out there happening. This ATH limbo situation. That is why I suggested locking at 21000 and keep running the juice.

Good advice I was really surprised that bitcoin went crazy this year. some partying. and thank you for the best advice.
this will be a consideration for my next benefit.

To be consistent is one factor that can determine you will make the right decision to trade. We can learn more indicators to determine if the indicator that we use can work together to give us more info about the market situations. But if you just follow the sign from others without research by yourself, you will see that you risk your trading money.

If all trading indicators can aligning and gives you complete data, you will see your chance to buy or sell the coin. The more you can have the skills to analyze using the other indicator, and you will have more chances to profit. The probability factor and the risk will always be there, but we can minimize and increase the probability and the risk by learning more lessons about trading.

Lol, normal human habbit, we roll with the play when things turn out positive. I'm hundred percent certain, nobody followed this prediction most especially as the OP didn't show any backing for his prediction and also as the account rank is low. Just like you, I wouldn't have traded just because someday says so. This isn't the first time such predictions has been posted on the forum. Just because this one was successful does not me anyone seeing this should just jump into the next prediction from the same user

Not trying to take away the glory from him but don't take out the possibility that this could just be luck, the trade could have gone anyway but it did come out as predicted, that should be applauded. It was evitable though that at some point the market was going to cross the $20k price. It has tried severally and fail but the charts looked bullish.

With just been optimistic I remember writing on one of the speculation thread of bitcoin trying one more time to cross the $20k trading price before the Christmas sell off steps in and that just happened.

Kind of Godmode analysis? If you said this based on your TA then you are really good at predicting the prices or just luck played this time?

By the way for this kind of threads in future go to speculation board and create a thread.

People just want to judge others. Probably natural human tendency indoctronized by modern infrastructure.
I do not want to prove myself to any one here. I will post my predictions the way I want. Its up to you to follow it or not nor I am not compelling anybody nor I am expecting any rewards for it. It is just sharing my trade (Obviously I cannot give my method publicly entirely) with others.
Or may be I will stop posting here if you guys are so angry with me. lol.

Yeah it was morobozu candle, I bought bitcon when its price met a slight correction exactly $20.100 but until now I'm still holding it because I expecting that its price can touch $25.000 before the correction comes in 1 day time frame. Also, I set a stop loss positive at $21.700 just in case the market sideways now will make its price fall.

I am shocked that it worked really well .He who bought at this range already on huge profit .I missed the chance of getting full of my bags .However i think most of the trader get profit with this tips and their research as well .I will try to follow up the next tips if you you have any . ;D ;D

The pandemic has caused many people to doubt the state of their economy. all were shaken and took a long time to recover.
Bitcoin being a great choice for investing, I agree with you that there will be other surprises after this

Pandemic kind of helped us to get higher, because people saw that regular fiat was a bad investment and keeping your money in fiat was a bad idea, so they all decided that they should put their money into crypto.

This could have been faster if people actually had money as well, because of covid a lot of people lacked money and many people thought that because of this we would see lower bitcoin as well but on contrary people who had money, people who were rich, decided that keeping your money in dollars or any other fiat wasn't a good idea and it was always losing value so they decided to put that money into bitcoin.

It is a perfect investment if you just want to put some money aside and that's it, this is not like some construction business type of investment, this is not like putting money into a new startup type of investment, this is more like investment where you just keep it that way and do nothing, requires no work and you get richer.