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Author Topic: Short Squeeze after majority became bears  (Read 2558 times)
fewcoins (OP)
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December 17, 2014, 01:14:36 AM
 #1

We are in the middle of a short squeeze! My team and I personally covered over 1,000coins and many other teams are now aswell... Some aren't and are getting caught in a short squeeze! Since I have took this picture another 700+ coins have been bought!!! It will continue allnight, enjoy


Since everyone is becoming a bear... including the "trading" articles online that are usually always pro bitcoin...
WE ARE BUYING

We keep bouncing off higher lows, especially holding the 330~ area and a lot of people keep trying to bid too low with all those buy walls...
Perfect time to jump in with close to market limit orders and market orders
fewcoins (OP)
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December 17, 2014, 01:17:17 AM
 #2

Market orders are amazing. Damn another 600+ coins bought since I just posted!! Now at 335! We are over $10 profit each already, awesome
cypherdoc
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December 17, 2014, 01:18:13 AM
 #3

WE ARE BUYING


me too!
fewcoins (OP)
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December 17, 2014, 01:20:51 AM
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More power too you bro! We can tell this is way too oversold at the moment, short term is veryyy bullish.
Dilla
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December 17, 2014, 01:21:17 AM
 #5

Dead cat bounce right now to $340-$350. Then down towards $300. Then maybe another bounce and maybe break upwards or test $270
RyNinDaCleM
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December 17, 2014, 01:29:08 AM
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Dead cat bounce right now to $340-$350. Then down towards $300. Then maybe another bounce and maybe break upwards or test $270

Did you just copy me? Tongue

fewcoins (OP)
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December 17, 2014, 01:39:21 AM
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Dead cat bounce right now to $340-$350. Then down towards $300. Then maybe another bounce and maybe break upwards or test $270

Did you just copy me? Tongue

Well you guys are both right but why talk about 270 yet, 316 is major and 300 is majorrrr resistance too... Think about how how high this bounce can go! 350 is probably the min with this price action, 340 in no time
Dilla
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December 17, 2014, 01:42:08 AM
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Dead cat bounce right now to $340-$350. Then down towards $300. Then maybe another bounce and maybe break upwards or test $270

Did you just copy me? Tongue
didnt see your post. Lmao, glad I'm not to the only one with the same thinking.

And fewcoins 300 could see big resistance, if we don't bounce up from there we will hit the upper 200s. I wonder if another bear whale will appear like last time on bitstamp?
derpinheimer
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December 17, 2014, 02:06:54 AM
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No you didnt. Shorts arent even being closed to any significant degree right now.
fewcoins (OP)
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December 18, 2014, 03:37:01 AM
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No you didnt. Shorts arent even being closed to any significant degree right now.

Um yes we did, we are now fully leveraged in long position after today... Averaging 317~ per coin
exocytosis
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December 18, 2014, 04:24:42 AM
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Since everyone is becoming a bear... including the "trading" articles online that are usually always pro bitcoin...
WE ARE BUYING


How is that working out for you?
derpinheimer
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December 18, 2014, 04:47:43 AM
 #12

No you didnt. Shorts arent even being closed to any significant degree right now.

Um yes we did, we are now fully leveraged in long position after today... Averaging 317~ per coin

Those orders you circled were market buys, not shorts closing...
Malin Keshar
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December 18, 2014, 03:41:35 PM
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Not even a dead cat bounce, just a fall into 310, and lower I guess.

Seems you were over optimistic about the recent fall
NiceSoft12
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December 18, 2014, 03:48:45 PM
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Could it fall below 260?
spazzdla
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December 18, 2014, 04:46:10 PM
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Could it fall below 260?

It did not even break $300...
NotLambchop
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December 18, 2014, 04:58:58 PM
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Misery loves company Undecided
Malin Keshar
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December 18, 2014, 05:07:15 PM
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Could it fall below 260?

It did not even break $300...

It is falling $10-$20 everyday.

So it can very well fall below 300 by weekend, like happened in the last sub 300 trip
knight22
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December 19, 2014, 01:38:33 AM
 #18

Fiat is on the way but thanks to SLOW banking process I might miss those cheap coins  Undecided

Dilla
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December 19, 2014, 01:43:07 AM
 #19

I think you will have until the end of the year to get cheap coins.
RyNinDaCleM
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December 19, 2014, 01:45:20 AM
 #20

I think you will have until the end of the year to get cheap coins.

At least

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