2019 May
-
BITCOIN mapping $10500
- May 30, 2019
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
No Comments
I have attempted to break down the current 4 month parabola into a strong sequence of patterns and what stands out is the Ascending Triangle. Before each aggressive bullish candle sequence within the Parabola, BTC consolidated roughly within an Ascending Triangle formation. When that Triangle broke upwards, an aggressive new Top was made. Assuming that
-
CHFSGD Buy Signal
- May 28, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: Emerging bullish channel on 1D. Signal: Bullish as the price rebounded on the 1W Support and broke the 1D Resistance to start a new medium term uptrend. Target: 1.4200 (just below the 1W Resistance Zone). Tradingview link: https://www.tradingview.com/chart/CHFSGD/SndGPqc7-CHFSGD-Buy-Signal
-
Can this pattern delay Bitcoin’s growth?
- May 25, 2019
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
This is a quick reflection on Bitcoin’s Fibonacci Channel’s within its long term parabolic growth curve. In the two previous cycles, the price touched the -0.382 Fibonacci retracement level before it rebounded. This marked the end of that market’s bear cycle and that bottom gave way to the new bull cycle. This time it hasn’t
-
GOLD Sell Signal
- May 16, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: Bearish reversal candle pattern on a 1D Lower High sequence. Signal: Bearish after three straight bearish 1D candles printed. Target: 1270 (just above the 1D Support). Tradingview link: https://www.tradingview.com/chart/XAUUSD/17rUZVtT-GOLD-Sell-Signal/
-
GBPNOK Sell Signal
- May 15, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: Rectangle on 1D. Signal: Bearish after the price was rejected near the 1D Resistance. Target: 11.0575 (top of the 1D Support Zone). Tradingview link: https://www.tradingview.com/chart/GBPNOK/0ZmA7cqf-GBPNOK-Sell-Signal/
-
DASHUSD Buy Signal
- May 14, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: 1W Channel Up. Signal: Bullish as every pull back is supported on both inner and outer Higher Lows. Target: 198.000 (structured Higher High growth rate). Tradingview link: https://www.tradingview.com/chart/DASHUSD/S0chRb3r-DASHUSD-Buy-Signal/
-
Is this time different? 2019 & 2015 after breaking the 1W MA100.
- May 13, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
The title says everything. I don’t want to get into much detail. Just want to point out the similarities and differences of the two time periods when Bitcoin broke the 1W MA100 after the market made a bottom. Note that it is not necessary to follow the exact same pattern as the fundamentals this time
-
XRPUSD 100% Success on this Fibonacci pattern
- May 10, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
XRP is currently consolidating after its late April bottom. Since February 2018 it has been making Lower Highs. Quite interestingly every High that followed and top made, it was rejected roughly on the 0.618 Fibonacci retracement level of the previous High to bottom. So far we can count 4 successful incidents in the last year,
-
GOLD to BTC: “Don’t miss this bull, we’re just getting started!”
- May 5, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Comparing Bitcoin to Gold?? That can’t give you any meaningful trade indication can it? Well first of all look at the perfect buy signal it gave back in December, which I posted in February, on that +33.50% bounce from the low. Right when everyone was wondering where the bottom was, “Should I buy?”, “Is this