2019 February
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Can Bitcoin hit 9000 this year? Gold shows the way.
- February 16, 2019
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
No CommentsThis analysis brings to center stage Bitcoin and the asset mostly linked with, Gold. On this chart, Bitcoin (the digital Gold) shows a quite similar behavioral pattern with Gold’s bottom period of the 80s/ 90s bear cycle. What stands out is this identical +33.50% bounce on Gold and the subsequent Double Top followed by a
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Bitcoin targets 11000
- February 14, 2019
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
This pattern shows that BTCUSD is trading on its new long term support zone. Using the Ichimoku Cloud as a prime leading indicator, we can identify key trend signals and many similarities between Bitcoin’s last two bear cycles (2014/15 and 2018/19). First of all the cloud’s squeeze (October – December 2014 and September – November
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SGDHKD Buy Signal
- February 7, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: Bullish Channel on 1D. Signal: Long as the price has approached the support (black solid line). Target: 5.8200. Tradingview link: https://www.tradingview.com/chart/SGDHKD/NZeJdqNe-SGDHKD-Buy-Signal
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