Hippo
CAN BEARS SWIM IN THE OCEAN? (Trends and Price Targets)I mean, I know polar bears drink coke and play in water because I saw the commercials.
Can bulls swim?
I'm a sinker.
Cuz of all the donuts.
This is all TA based. I've never seen or heard of this before.
However, the trend setup is fairly nice.
All the important stuff is labeled.
2 potential paths to the upside, one takes it down first and then breaks out, the other just pushes up and over into a breakout. I like the potential for the second option (orange), but that is a guideline, instead focus on the price targets and trends.
Looks bullish, but I don't want to say for sure because price can easily dip lower and lower.
Good luck!!
SATOSHILITE SPEAKS! THE PROPHECY HAS BEEN FORETOLDYou all know how @satoshilite called the Litecoin top and bottom? Well he has spoken again! We have decrypted his last tweet, translating cryptic emojis to English. "All time high by 10th birthday," and Litecoin's 10th birthday is next October. We need no more information than this chart to see that the next ATH price should be around $1,300 - $2,300. Call me crazy.
Bitcoin Projections: How I'm playing this CorrectionHey Traders,
I'm optimistically bullish until we drop under the .618 retracement line. With that being said this chart shows my expected entry and targets for how I plan on playing this bitcoin recovery.
This is a temporary play which is why i have exit targets and I'm not holding til a new high, As more data comes in i'll look at taking a re-entry position and aiming for new highs if that is what the market leads me to believe. stay tuned for that.
You can follow me on several social platforms under crypto hippo or the crypto blend. I create a daily video of bitcoin for those of you who would prefer videos instead of the charts I put on tradingview here.
Thank you all for your support and comments and please follow if you enjoy the simple, yet effective charts I put up.
Bitcoin Projections: A Beautiful Set Up and Breakdown - $$$My philosophy with trading is, up or down, lets make money. I love shorting, and I love bull markets. Most importantly, I've taught myself how to make money in both markets. Its allowed me to be unbiased, and its allowed me to be more adaptable.
First look at bitcoin and all the research I did, the analysts had vague interpretations and recommended larger plays. I'm a day trader, I dont like staying in the market long as it increases my risk/reward as Bitcoin is volatile and its easier to be right about a quick move given the right indicators and confirmation than it is to predict an entire direction over a longer period of time.
I took a few hour interruption before posting this just now so hopefully all is playing out well ....
The overall short term play here is to short at the top of the triangle, and then exit the trade at the bottom for a quick 250$ swing. A tight stop loss can be placed on the outside of the triangle to minimize risk if we do break out the top.
Overall the triangle has bullish indicators and sentiment to it, however, for me its a 50/50 as i expected us to drop out the bottom on that last fall, so theres lots of support at 9k... until there isnt. I'll update the next moves, you can play the break on this too, but i am waiting to play the break past 9500. On the breakout of the bottom of the flag, i'll keep riding my short i placed at the top of the triangle. That's the gameplan, hope all you traders make some money!
www.thecryptoblend.com
Join my Youtube under Crypto Hippo to see video demonstrations and walk throughs of these charts i make. I make a video every day to keep everyone posted and updated on my plays.