-
BITCOIN Radical Grid Fibonacci analysis you’ve never seen before
- February 24, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
No CommentsAs Bitcoin (BTCUSD) has taken a short-term paus on its early 2023 rally on the 1W MA50 (red trend-line), following the first Golden Cross on the 1D time-frame since May 2020, we naturally go back to the start of the previous Bull Cycle in 2019 to see how it behaved on this important stress test.
-
ETHEREUM This is how it reaches $10000
- February 16, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Ethereum (ETHUSD) is also testing its 1W MA50 (blue trend-line), after being supported by the 1W MA200 (orange trend-line) since the start of the year. The 1W RSI sequences of the Bear Cycle that just ended and the previous one in 2018 are identical. By applying the Fibonacci Channel we can clearly see the pressure
-
BITCOIN Amazing Channel and Time Fibonacci reveals the next Top!
- February 16, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Bitcoin (BTCUSD) is again attracting a lot of interest as it recovered the recent pull-back and even made a new weekly high. Those who follow us over the years know that through fractal and Cycle comparisons we have managed to identify key runs before they happen. ** Hitting the 1W 50 for the first time
-
BITCOIN The Gaussian Channel, last barrier before the new rally
- February 15, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Bitcoin (BTCUSD) has been pulling back since the start of the month as it came close to the 1W MA50 (blue trend-line) but as it failed to break it, it got rejected. This is putting a pause to the January rally and on the 1W time-frame a very interesting pattern is emerging. Based on the
-
BITCOIN The Pitchfork approach that reveals the Bull Run!
- February 14, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Why don’t we see the Pitchfork tool applied to Bitcoin (BTCUSD)? We show on today’s analysis that this often very overlooked technical tool has been particularly spot on at identifying BTC’s Bull Runs. It is a simple application and we will keep the commentary that way. As you see on this 1W time-frame, we have
-
BITCOIN Alignment of Cycles is the Ultimate Cheatsheet!
- February 10, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
We have done similar studies before, aligning past Bitcoin (BTCUSD) Cycles to get a projection of the current one. We have used Halvings, Peaks, Bottoms etc but this is the first time that we don’t just use everything into one mega analysis, but also incorporate the Fibonacci retracement and extension levels that show not only
-
HEXUSDT going straight to 0.1000 based on this!
- February 8, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
HEXUSDT is recovering from the extreme volatility of February 04-05, keeping the 1D MA200 (orange trend-line) intact. Despite a largely overbought 1D RSI, the last time we saw such a huge 2 day volatility was during May 27-28 2022. That proved out to be just a pause before a continuation of that bearish leg towards
-
BITCOIN 1W MA50 and 1D RSI aligned with previous Bull Cycles!
- February 8, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
This is the 3rd week in a row that Bitcoin (BTCUSD) comes that close but struggles to break above the 1W MA50 (blue trend-line). Technically speaking that alone is a major Resistance. But if you check at the same time the start of all previous Bull Cycles, you will see that it was the ‘Resistance-to-beat’
-
BITCOIN 1W Supertrend is bullish and not looking back!
- February 7, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
We have used the Supertrend indicator on Bitcoin (BTCUSD) extensively, especially on lower time-frames with great accuracy. This time we take a look on the 1W chart where the Supertrend has been green since the second trading week of January. Throughout BTC’s history every time the Supertrend turned green after such an RSI rebound, the
-
ETHEREUM Why does nobody talk about its Golden Cross??
- February 6, 2023
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Ethereum (ETHUSD) is indeed in the process of forming a Golden Cross on the 1D time-frame and it has been overlooked. It sure shouldn’t as apart from that, the price has broken above its short-term Triangle pattern just as it broke above its longer-term one on January 11, while its RSI broke above its Lower