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MASKUSDT Golden Cross on 1D but we need this Resistance to break
- November 11, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
No Comments*** *** For this particular analysis on the Mask Network we are using the MASKUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where MASK just formed a Golden Cross on the 1D time-frame, which is a bullish pattern when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line). This is
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SOLUSD Oversold RSI means nothing. Needs this in order to rally.
- November 10, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Solana (SOLUSD) has recovered a considerable amount of yesterday’s losses. Rebounding after the 1D RSI broke below the 30.000 oversold barrier, this alone isn’t enough to sustain a rally. During the previous 2 times the RSI rebounded above the 30.000 oversold level failed to sustain the uptrend as the price got rejected on the
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BITCOIN Inflation down -0.5% a 9-month low! Is it truly Bullish?
- November 10, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Bitcoin (BTCUSD) is having an initial bullish reaction before the U.S. session opens following a more than expected -0.5% drop on the U.S. CPI to 7.7% from 8.2% in the previous month. This reading beat the forecast by 0.3%. Is a drop to inflation truly bullish for BTC? To answer this, we should look
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BITCOIN Is LTC a leading indicator to BTC’s Bull Cycle??
- November 4, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
This is a chart on the 1W time-frame of Bitcoin (BTCUSD) and Litecoin (LTCUSD). This is not the first time we do this analysis, those who follow for long will know that during the previous BTC Cycle, right when it was consolidating after the December 2018 bottom, we used LTC’s price action to identify
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OKBUSDT About to make a huge bullish break-out!
- October 31, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
The OKB token (OKBUSDT) is the Global Utility Token that was launched by the OK Blockchain Foundation and OKX exchange in 2017, to serve as a bridge to connect OKX and its users. On this post, we will analyze how current pattern may be bullish short-term against popular belief and how it may play
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APEUSDT Neutral within the Triangle. Wait for break-out.
- October 31, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
*** *** For this particular analysis on ApeCoin we are using the APEUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where APE has been trading within a Descending Triangle pattern since the June 30 Low that started its Support. As you see the late price action is limited below the 1D MA50 (blue
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XCNUSDT Rise short-term but still limited unless this breaks.
- October 31, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Chain (XCNUSDT) followed the pattern we suggested 40 days ago and after a short rise it dropped to the -0.236 Fibonacci extension level: As you see, today is having a +22% rise. The long-term pattern is a Bearish Megaphone on this 1D time-frame. This short-term rebound is aiming at the 1D MA50 (blue trend-line),
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BITCOIN Fibonacci charts the new Bull Cycle! It’s already began!
- October 31, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
This is Bitcoin (BTCUSD) on the 1W time-frame displaying all of its Cycles historically. I’ve used the Fibonacci Channel extensions to identify any possible correlations and how this can create a roadmap moving forward and project the next Cycle. To start putting the chart’s indicators into perspective, the 1W MA50 is the blue trend-line,
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BITCOIN The winning signal for the new Bull Cycle!
- October 28, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
This is Bitcoin (BTCUSD) on the 1W time-frame, where we will be basically adding elements and making an extension of our June 17 idea that projected the bottom on the 1W MA300 (red trend-line): As you see, BTC hit the 1W MA300, the Ultimate Support Band as we called it and since then traded
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TONUSDT Massive break above the 1D MA50. Potential +100% rise!
- October 21, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
*** *** For this particular analysis on The Open Network we are using the TONUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where TON is currently testing the 1D MA50 (blue trend-line) for the second day in a row. This test is carried out while the 1D RSI is on a strong rise,