2020 December
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XRPUSD Great opportunity could be a little lower
- December 29, 2020
- Posted by: Tradingshot Articles
- Category: Uncategorized
No Comments
A lot of talk is being done lately on XRP and its recent sharp sell-off that took most traders by surprise. This panic selling is fundamentally driven by the recent news and I believe the tension isn’t over yet. Today I want to focus on the technicals though and the 1W chart. This shows
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S&P500 aims at 3800
- December 29, 2020
- Posted by: Tradingshot Articles
- Category: Stock Indices
Pattern: Channel Up on 1D. Signal: Buy (a) if the MACD makes a Bullish Cross (every prior 1D Bullish Cross has delivered an extreme rise), or (b) if the RSI approaches its Higher Lows trend-line. Target: (a) 3880, (b) 3800 ** Please support this idea with your likes and comments, it is the best
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Will the stock market decline if DXY holds this Support?
- December 22, 2020
- Posted by: Tradingshot Articles
- Category: Uncategorized
This is a simple yet very informative study showing a comparison of Dow Jones against DXY (U.S. Dollar Index). Since early 2015 the DXY has been ranging (wide range but still range) and especially after 2017 it established a clear Resistance (103.800 – 103.000) and Support (88.200 – 88.900) Zone. Every time it hit
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S&P500 preparing an end of the year rally to 3780
- December 17, 2020
- Posted by: Tradingshot Articles
- Category: Stock Indices
SPX continues to trade within the Channel Up that I previously spotted and right now the keys are a certain Fibonacci sequence as well as the MACD formation on the 4H time-frame. As you see the MACD is printing a similar formation with November 23 – 26. That was when S&P500 made its aggressive
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BITCOIN above $20000 for the 1st time! This is for all HODLers!!
- December 16, 2020
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
This is a festive post. Bitcoin finally broke the $20000 barrier, so let’s take some lines at least to celebrate. This one is for all the hodlers. For all those who had to endure 3 years of stress, anxiety, discomfort and pain but didn’t lose hope and held. Those who had to sit and
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XAUUSD Invalidated H&S, now turning bullish.
- December 16, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
Pattern: Broken Head and Shoulders to the upside. Signal: Buy as the top of the Right Shoulder broke. It appears that the price may be repeating the December 01-02 bullish leg. RSI identical, MACD on Bullish Cross. Target: 1890 (just below the 2.0 Fibonacci extension as did the Dec 01 leg). ** Please support
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DAX Channel Up or Inverted Head and Shoulders?
- December 10, 2020
- Posted by: Tradingshot Articles
- Category: Stock Indices
Pattern: Channel Up on 4H. Signal: Buy but only if the price breaks above the middle of the Channel again. Otherwise the pattern may turn into an Inverted Head and Shoulders. Target: 13600 (Higher High trend-line of the Channel Up). Please like, subscribe and share your ideas and charts with the community! ——————————————————————————————————– !!
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DOW JONE Buy Signal
- December 10, 2020
- Posted by: Tradingshot Articles
- Category: Stock Indices
Pattern: Rising Wedge inside a Channel Up. Signal: Buy as the price hit the 4H MA50 on the Higher Lows trend-line of the Rising Wedge. Target: 30300 (The Higher Highs trend-line of the Rising Wedge). Please like, subscribe and share your ideas and charts with the community! ——————————————————————————————————– !! Donations via TradingView coins also
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DXY Bearish until Christmas
- December 8, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Channel Down on 4H. Signal: Sell as the price is approaching the 4H MA50, which has been rejecting every upside attempt since November 04. Also the RSI is at the top of its Channel Down and the MACD is repeating the November 10 – 13 sequence. Target: 90.100 (-1.30% as per the November
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ETHBTC Time to get aggressive on Ethereum?
- December 6, 2020
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Back in August I published a warning on ETHBTC, warning traders that it was time to ease on Ethereum as seen below: My reasons were more than obvious and had to do with the price nearing not just the 1W MA200 but also the Lower Highs trend-line, the 0.382 Fibonacci retracement level and the
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