bagofXMR

BTC about to pop

Long
bagofXMR Updated   
BITSTAMP:BTCUSD   Bitcoin
If this plays out as bitcoin has used us to do, potential target around ATH, in the 1075-1275 range
Margin x2
soft stop-loss in the 780-860 range.
Trade active:
Doubled my position.

Current base price 870

Comment:
we are on track.
Expecting a nice pump tomorrow 2nd january as banks open
Comment:
Closed 60% of position at 1020 (even this analysis is in bitstamp, i am trading in bitfinex).

1020 over my base price of 870ish means a +17% profit.
This coupled with a x2 margin, means over 34% profit.
As i've closed 60% of my position this means i've pocketed over a 20% net profit of my initial position.

Added stop-loss in the 980's-990's range for the remaining 40%
Comment:
Closed 30% of position at 1080

1080 over my base price means a +24% profit - including margin it is a +48% profit
As i've closed 30% of my position i've pocketed a 14.5% net profit over my colateral.

Coupled with the profit i pocketed yesterday closing at 1020, this trade has reported a 34.5% net profit over my colateral so far.

Still left 10% of position.

PS. I want to remember everyone all this positions are margin longs, but when i close then i still hold plenty of coins. So long-term i'm always on the long side. Never ever sold a single coin, i just pocket profits with longs but my core coins are never sold.
Comment:
Tim to go long again? Share thoughts.
Im already opening my longs.
Short squeeze probably gonna be epic

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