Hi guys! With this years bullish activity, ive been on the hunt to find assets that are down 50%+ and with unignorable strong technical signs of bottoming that will pull in bullish activity.
One that i have noticed to have some nice technical signs playing out in my opinion is UiPath,Inc (PATH).
This analysis is on the 1 Week timeframe giving us Macro insights....
BINANCE:CYBERUSDT Short-term bottoming out is over! The latest price is at 4.497! Bulls are about to initiate a strong comeback trend!
In the past 1 day and 2 hours, we've witnessed a roller-coaster market with a whopping 32% amplitude. If you're a short-term trader who can withstand staying up late and has sufficient monitoring energy, there have been two...
Bottom reversal pattern has been form on week 03-Oct-2022
Currently FCPO price in sideway range between 3730 (support)- 4500 (resistant)
Trade Strategy: (BUY / CALL)
Once FCPO price break out & goes beyond price 4500 with increasing volume.
TP1: 4990
TP2: 6230
CL: 3730
Risk Ratio Reward - 1 : 2
Fact supporting indicator:
Smart Money Pro bullish Profit-Chip (red...
we formed double support above the 0.51$, if we held that level, we going to see a test around 0.67$, if we had a breakout, we going to have 2 profit taking .
BTCUSD on a weekly chart showing 3 reasons why it could have bottomed out.
1. Heavy volume capitulation often indicating bottom is near.
2. RSI Bullish Divergence
3. BTC declining while Stablecoin dominance is also declining. (see notes below)
The stablecoin dominance below shown as (USDC.D+USDT.D) generally moves in
opposite direction to BTCUSD. When...
we tested our past resistant around the 2$, now we have to hold above the 1$, and consolidate till we have a break for our current resistant around the 1.45$, this resistant will give us the first sign of reversal or another sell off, first by breaking it , which means we confirmed the huge buying pressure from institution above the 1$, and contune to go to test...
We could expect further downside on BTC's price but I would say its getting close to the bottom. BTC has not yet crossed below the first orange line on the LMACD, which the other two times in the bear market has indicated the bottom for BTC then followed to find support before breaking out.
My trade strategy :-
Stock Name : QuantumScape (QS)
Trade Type :- Long / Buy
Buy once break above blue signal candle's highest price (34.09), cut loss if fall below candle's lowest price (29.82)
Tesla Daily Chart
The last few times, the RSI on the daily chart went under 30, it signaled the bottom of the downtrend, as well as a reversal to the upside.
I suspect Tesla could go down to $780 (Next Major Support) before bottoming out. The RSI hasn't yet gone under 30, but it is very close.
I also use the De-trended Price Oscillator to help Identify tops and...
Today we had an overall wash of sell with individuals not wanting to hold over the weekend and since the major support held at .19 I believe from here we will see a nice run with buyers picking up bargain for the Christmas rally................
We thank you again for those following .........................
Jimbo
Weimob #2013 has 2 chances of bottom singal. Now it comes to trendline resistance, will continue break above or pull-back?
Let's keep monitor on the PLF indicator if Winner % rise to > 50, then would see the uptrend continues.
Happy trading :)
Short term analysis :
YELLOW CANDLE indicates short-term high point reversal signal. Sell after price fall below lowest price of the previous yellow candle.
Banker Chip Collection represents a series of buying activities when a stock fell a lot. Buy after price rises above the last BCC bar corresponding candle's highest price.
Disclaimer:
This is for tutorial...
Just looking at BTCUSD charts on a rainy Sunday afternoon, when I noticed a similar pattern on the current 4h chart and the end of the cycle #3 daily chart. Current is local bottom being made and the other was a cycle bottom being made. Either way, human psychology was behind both and the reaction is very similar so looking at both price patterns and RSI...
Are we going to shakeout the strongest hands before the moon mission? I like fractals and I have done numerous analysis that says the bottom is not yet in and this is something I just uncovered. Would be really interesting to see this play out. Let me know what you think!
NAS100USD the technical outlook for the mid-term shows bearish implications that are strengthening with negative tensions that could continue to push levels towards the estimated support area at $ 6.553 and $ 6.450 for this new session!
looking for the possible bottom before investing!!
let's see how it goes. Yoyo
Hello all,
I'm trying to analyse several bottom formations of different asset classes in order to find key take-aways that could be useful for the BTCUSD bottom formation.
On my profile page you can find the BTCUSD analysis based on the same principles.
The Dow Jones bottom formation after 2008 financial crisis:
- Top 200 MA: 13 300
- Bottom 200MA: 8 300...
Penny stocks are all the rage right now, in the wake of penny stocks moving 200% and 1000% like PED and CEI could GLOW be next? Here are some levels to watch when GLOW wakes up. GLOW sports a thrifty P/E of about 1.
