2021 January
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WTI OIL Testing the monthly MA50 for the first time since Feb
- January 12, 2021
- Posted by: Tradingshot Articles
- Category: Commodities
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Attention is needed now for WTI Crude Oil traders as the asset has made contact with the 1M MA50. That is the first touch on that trend-line since February 2020, right before the massive March COVID melt-down. Last time this level was tested as a Resistance, recovering from a similar melt-down, was in December
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S&P aiming for 4070 – 4200 by March
- January 12, 2021
- Posted by: Tradingshot Articles
- Category: Uncategorized
Purely RSI and Fibonacci extension based analysis. As you see since the March bottom every Higher High is on a higher Fib extension (0.382, 0.618). Similarly, the Higher Lows have so far followed a 0.382, 0.5, 0.618 Fibonacci retracement sequence. The RSI is currently trading sideways since mid November. In the previous two Fib
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ADAUSD is looking for the 1D MA50
- January 8, 2021
- Posted by: Tradingshot Articles
- Category: Uncategorized
Cardano is one of the coins that has seen extraordinary gains already during the first week of the year. However as most coins did, it is seeing a retracement since yesterday. That shouldn’t come as a surprise as on the 1D time-frame, the RSI hit a Resistance Zone that is holding since January 2018!
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ETHEREUM Fib channel shows $1900 in March
- January 5, 2021
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
First of all congratulations to ETHUSD traders, both targets ($690 and $990) based on my previous post got hit (see idea below), earlier than I expected: A lot of talk is being made lately regarding Ethereum’s recent rise. Where is this price jump attributed to? Well it was the next step on its Fibonacci
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WTI OIL Buy Signal
- January 4, 2021
- Posted by: Tradingshot Articles
- Category: Commodities
Pattern: Channel Up on 4H. Signal: Buy as the price is near the Higher Low trend-line of the pattern, the RSI near the Lower Low of its Channel Down and the MACD made the Bearish Cross Target: 50.50 (the -0.236 Fibonacci extension). Recent WTI signal: ** Please support this idea with your likes and
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BITCOIN Trust the 4H MA50/MA200 pattern
- January 3, 2021
- Posted by: Tradingshot Articles
- Category: Cryptocurrency, Uncategorized
First of all congratulations hodlers. Another benchmark, the very important $30000, has been breached! There is every reason to be excited yet again, but rest assured, there are also several signs and patterns to consider for this 1st month of 2021. Today Bitcoin made yet another high, almost hitting $35k, but since we see a
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BITCOIN Happy New Year! The USD may be the key for 2021!
- January 1, 2021
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
First of all allow me to wish everyone a Happy New Year! This community is and has been more than great this past year and even though we are all here for trading/ investing, let me wish everyone above all good health and prosperity. Now back to trading and Bitcoin in particular. This study
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