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Author Topic: Who will be selling at 450 range (today)  (Read 7036 times)
~Bitcoin~ (OP)
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December 24, 2015, 03:10:05 AM
 #1

I have sold half of my coin at 455 mark today, is there anyone who have also sold on this range today.
I think this sudden rise seems to be pure pump rather than anything. Lets see till where it will reach. What is your prediction for this pump ?

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Alley
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December 24, 2015, 03:25:26 AM
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Ouch.  You going to buy back at a loss?
Gildarts
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December 24, 2015, 03:43:13 AM
 #3

I have sold half of my coin at 455 mark today, is there anyone who have also sold on this range today.
I think this sudden rise seems to be pure pump rather than anything. Lets see till where it will reach. What is your prediction for this pump ?

I think the price will goes up little bit more from $455, if i were you i would sold at $480-490.i think it will be a good choice to hold 1 more week or the first week of 2016.

No one knows exactly what will happen in future.That was just my choice i am holding till jan 6.Then i will sold half wait 2 more weeks and will take another decision.

Good luck !
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December 24, 2015, 03:56:46 AM
 #4

I have sold half of my coin at 455 mark today, is there anyone who have also sold on this range today.
I think this sudden rise seems to be pure pump rather than anything. Lets see till where it will reach. What is your prediction for this pump ?

Bought on the break sold just then on Huobi....still holding on Kraken...suspect this will go a little higher yet......but no too much higher.

25th Dec is 3 Months Futures expiry date on OKCoin. Some traders reckon that BTC has been pushed up and parked up here for this contract turnover event after which point, selling pressure is likely to ensue.

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richardsNY
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December 24, 2015, 04:26:00 AM
 #5

There is no reason to sell at this price. It only went up a few bucks. Nothing spectacular. I wouldn't want to risk buying back at a higher price if the price doesn't go back down. Holding till the block halving is still the way to go.
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December 24, 2015, 04:29:20 AM
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There is no reason to sell at this price. It only went up a few bucks. Nothing spectacular. I wouldn't want to risk buying back at a higher price if the price doesn't go back down. Holding till the block halving is still the way to go.

We are in a range....for a range trader, that was a decent pump.

Absolutely NO guarantee whatsoever that the range will break up. In fact, most pros will tell you it is more likely to break down.

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Kevin77
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December 24, 2015, 04:59:02 AM
 #7

Ouch.  You going to buy back at a loss?

This is what going to be the situations of this December sellers.
I strongly believe prices will test new high, I mean testing above #1200 price levels are highly expected within first quarters of 2016. Then these sellers will be forced to buy above their selling prices.
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December 24, 2015, 08:50:50 AM
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Not me, because I got nothing to sell. If a pump happens I think surely bitcoin is able to reach to $600.
Hope you all enjoy your profits from what you've sold!
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December 24, 2015, 08:53:08 AM
Last edit: December 24, 2015, 11:48:13 AM by Amph
 #9

There is no reason to sell at this price. It only went up a few bucks. Nothing spectacular. I wouldn't want to risk buying back at a higher price if the price doesn't go back down. Holding till the block halving is still the way to go.

We are in a range....for a range trader, that was a decent pump.

Absolutely NO guarantee whatsoever that the range will break up. In fact, most pros will tell you it is more likely to break down.

yeah like they were telling us that it will most likely break down to sub 400 after the previous dump, guess what? it did not happen, instead we are returning to 470

so i'm not believing those that want us simply to dump, the final outcome is up, so dumping now is stupid, you won't really earn anything, only putting you in a nice exit from an up trend, which sound very bad
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December 24, 2015, 09:03:13 AM
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As the chart shows. Today’s rage is defined by in term support at 434.50 to the downside, and in term resistance at 438.44 to the upside. These are the levels that we’ve got in focus today.

We will initially look for a break above in term resistance to validate an upside entry towards a bullish, medium term target if 443.54. This is a pretty tight target, so a pretty tight stop is warranted. Somewhere in the region of 436.50 should do the trick.
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December 24, 2015, 09:24:41 AM
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actually i didn't do that and still hold my bitcoin with the current price $460 i think there are still a chance to rise again
Ch3wbacca
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December 24, 2015, 09:53:16 AM
 #12

It might be a double top so watch out.

If this does manage to clear higher, then we can safely say the next target is $600s

PM me if you wish for me to advertise you
Rizky Aditya
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December 24, 2015, 10:24:28 AM
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I would've held if I were you. In 2016 we may see the price reach $1000. I doubt anyone is going to sell ,if they are smart .
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December 24, 2015, 11:05:16 AM
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yeah like they were telling us that it will most likely break down to sub 400 after the previous dump, guess what? id did not happen, instead we are returning to 470

so i'm not believing those that want us simply to dump, the final outcome is up, so dumping now is stupid, you won't really earn anything, only putting you in a nice exit from an up trend, which sound very bad

Did I miss something?

Has BTC cleared right out of that consolidation triangle it was in between $400-$470, or are we merely testing the upper reaches of that said triangle, once again?

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December 24, 2015, 11:47:08 AM
 #15

I did transfer some coins to kraken but I did not sell them yet.
Looking at the chart i've got a feeling we're in for a new rally just at or after christmas.

But locked my sell orders @ 500 USD, just in case we got some early action

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December 24, 2015, 11:48:13 AM
 #16

Actually I'm HODL ! I'm sure about price rising in the next year, so, I consider that is better to save my btc than sold it in change of fiat ! Smiley
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December 24, 2015, 12:27:32 PM
 #17

Hell no! I am holding like a boss, and I'm not even considering to sell a single Satoshi before the block halving, unless it is for trading purposes. But even my trading coins won't get sold for anything below $500-$550.
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December 24, 2015, 12:32:36 PM
 #18

I sold bitcoins some and I will sell more when we go to 480 dollar,  490 dollar and all at 500 dollar.

Before the blackhalving in july i expect the price to go down again.

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December 24, 2015, 12:56:44 PM
 #19

I sold bitcoins some and I will sell more when we go to 480 dollar,  490 dollar and all at 500 dollar.

Before the blackhalving in july i expect the price to go down again.


And what do you intend to do if 500 is passed and 600+becomes the new floor?

Buy back at a loss or just wash your hands of btc because you got it wrong?  Smiley
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December 24, 2015, 01:16:35 PM
 #20

Like many people I did sell my coins already. I anticipated on the 440 to  400 dollar scheme.
But that didn't happened. I hope it will go down now
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