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iamwithyou (OP)
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December 12, 2020, 03:41:45 PM
Merited by hugeblack (4)
 #1

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.
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December 12, 2020, 04:17:55 PM
 #2

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.

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December 12, 2020, 05:47:57 PM
 #3

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.

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December 12, 2020, 06:56:55 PM
 #4

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.

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December 12, 2020, 07:28:07 PM
 #5

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.
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December 12, 2020, 07:51:30 PM
 #6

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. Wink
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?

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December 12, 2020, 08:00:20 PM
 #7

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?

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December 12, 2020, 09:21:13 PM
 #8

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.

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.
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December 12, 2020, 10:56:16 PM
 #9

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.


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.

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December 12, 2020, 10:59:47 PM
 #10

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.

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December 12, 2020, 11:15:52 PM
 #11

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.



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iamwithyou (OP)
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December 13, 2020, 09:32:30 AM
 #12

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. Wink
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?

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.


 
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December 13, 2020, 10:52:03 AM
 #13

$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.
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December 13, 2020, 07:55:41 PM
 #14

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.

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.
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December 13, 2020, 08:29:36 PM
 #15

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.

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.









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December 13, 2020, 09:13:38 PM
 #16

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.

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iamwithyou (OP)
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December 16, 2020, 11:07:28 AM
 #17

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.
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December 16, 2020, 02:12:09 PM
 #18

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.

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December 16, 2020, 06:42:25 PM
 #19

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.


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.


I guess you were wrong bro.
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December 17, 2020, 10:13:16 AM
 #20

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