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Bottoming

BTC SHORT MIDTERMS~! I WILL SHOW YOU WHY~!Why are we bottoming, this is not yet the bottom but respect the elliot wave ABC down and we are now forming C 0-1-2-3 formation. THE BEGINNING... twitter.com It started here/ We all know that we should have not gone this bad down. We know that 17K was a clear strength for Bitcoin. It cannot be hide because of this twitter.com for me he is important... It must go down in history that his calls are bullshit crap. Exposure to fear and uncertainty. twitter.com few words but impacts so good. twitter.com more reasons but it should be less if you try to summarize the problem. Crashing market in a very minimal reason and few reason as to why I can say why we bottoming. FUELING THE JET FOR YOU BETCH. twitter.com If we become more emotional we are just adding gas to the moon jet. twitter.com so are calling for 10K some are saying lower. I will say we are not gonna go far from 14K any below it is WICKS and WEAK BEARS~! this is a deleted tweet, of @cateringclark, dont ask me for photo, dont be a dumb*ss do you think ill make up stories to save you. I am not here for that. If I will make stories it will be because I want to be richer than God and it will not happen dude. "If you are in alts - get the f*ck out ... This is a financial advice." then deleted... Another whale but not maximalist to bitcoin (but not true) twitter.com Tom Brady's LASER EYES ARE GONE :( and you cant predict it that true. twitter.com I have collected most of the tweets that are sh** show to many... but for me its a good indicator. Algod trying to scam us again, calling for QUITTING TO CRYPTO and quitting because of emotional fortitude is weak. Looool these people are here since you knew bitcoin, and still efing with us with your money to flow in their pockets. Don't sell keep buying... Elon twitted a long winter coming, for me it will be a missed opportunity if you dont buy this coming leg down to 14K... I ve been calling this in my twitter and even had to call it off because of unusual strength at 18K to 17K wicks. Constant meeting with ANTI BITCOIN and pro gold by Peter Sh*t HSAKA a twitter account cuss and trying to hide his excitement that we are bottoming and waiting for side ways. twitter.com proving this as well that D.A.O ruined the market and invited VCs to mess up retailers and solo flight traders and investors. We will always here CRYPTO IS DED twitter.com and immediately got slammed by my favorite TA expert and diligent investor to many projects -> twitter.com the show goes on Crypto is ded twitter.com So if your mom messages you and my AUNT did... for long time not even LUNA also... she messaged me and said whats happening to crypto (FTX)... twitter.com thats why I am relate to this shiiiiii~! THATS IT FOR ME :)
by osodatsismoso
3
Dark Pool Buy Zone Patterns: BA ExampleA corporate aggressive stance to accelerate Boeing's recovery from the pandemic created buying activity during the index sell down over the past few days. BA is one of the few companies on the Dow moving up while the majority of components were being sold down. This is an example of how quickly a stock can reverse from selling down to resumption of its trading range or bottoming action. This is a range-bound run up. The technical pattern has some pro traders in the mix. The run is above the accumulation level for Dark Pools.
NYSE:BA
by MarthaStokesCMT-TechniTrader
1
Preparing for Earnings Season: ESPRStocks that are reporting earnings in 3 to 4 weeks can be monitored for pre-earnings runs. ESPR had momentum runs recently, as marked by the candlestick patterns within the green rectangles in this chart. A shift of sentiment can be seen in the bottoming pattern with Accumulation/Distribution indicators (the area between the blue rectangles). Often, when an earnings report is going to be great, then the company tries to leak it out subtly. IF earnings were to be negative or below expectations, then CEOs would be warning. No need to go looking for analyst recommendations, everything you need is in the charts. Focusing on the charts, rather than on the commentary around the market, will help you find the stocks that will be lucrative for trading this earnings season.
NASDAQ:ESPRLong
by MarthaStokesCMT-TechniTrader
Dark Pool Buy Zones and Sell Short Risk: LCIDDark Pool buy zones tend to provide strong support for stocks running down. If a stock violates the lows of such support, the rebound tends to come quickly, erasing any sell short profits. This young EV auto manufacturing company is near its IPO price range, which is strong support. The retest of the lows of this bottoming action doesn't show much downside potential for a strong sell short. There is risk that LCID may gap or run down but then reverse quickly and move back up. Whipsaw reversal candles near Dark Pool buy zones can cause big losses for short sellers at this level.
NASDAQ:LCID
by MarthaStokesCMT-TechniTrader
INJ setupThis INJ setup, is has a strong bottoming pattern. To the left is a strong move down with a hard bounce. This level would be identified as a strong support level. The marked continued to go down and the broke the support. it then flipped to resistance but right below INJ formed a rounding bottom and eventually broke through hard. Now the price is coming down to that same level, and it should act as a strong support area. INJ is forming a Adam and Eve rounding bottom, which is a strong signal on a reversal A breakout of the triangle, - depending on when it breaks has the capability to reached the breakout level of the rounding bottom. If this setup plays out perfectly there is a 120% profit potential over time..
Long
by thekneekeeper
Is $ARCB ready to start coming up on the right side of its base?Notes: * Very strong up trend since March 2020 on all time frames * Great consistent earnings since 2020 * Basing for the past ~9 months now * Broke above and retested $86.7 which has acted as a pivotal area for bulls and bears * Consolidating just above $86.7 for the past ~4 weeks with decreasing volume * It was consolidating around the bottom of its base with decreasing volume as well; meaning sellers lost steam Technicals: Sector: Industrials - Trucking Relative Strength vs. Sector: 4.04 Relative Strength vs. SP500: 5.53 U/D Ratio: 1.32 Base Depth: 86.73% Distance from breakout buy point: -28.74% Volume 1.77% above its 15 day avg. Trade Idea: * You can enter this now as the price is close to its 50 day line and it's also close to the broken resistance of $86.7 * If you're looking for a better entry you can try catch one around $86.7 as that should hold as support moving forward * This stock usually has local tops when the price closes around 27.14% above its 50 EMA * Consider selling into strength if the price closes 26.94% to 27.34% (or higher) above its 50 EMA * The last closing price is 7.21% away from its 50 EMA
NASDAQ:ARCBLong
by HaseebKhan_90
DJIA showing technical strengthThe Dow is at a technical resistance level with a strong support level beneath the most recent run. When technical lines are very precise, it means most of the trading is technical, from short-term professional traders or longer-term fundamentalists with technical backgrounds. When the smart money is trading, it tends to make the trend more sustainable. At any time, this and the other major indexes may shift into a sideways trend for a while. Minor corrections are normal and necessary to sustain an overall uptrend. But the run out of the bottom has been solid.
DJ:DJI
by MarthaStokesCMT-TechniTrader
$XXII 10~yr pennantThere's plenty of research that can be done on why I am fundamentally holding this long term. It's getting into zones I am comfortable adding to the position. There are outside forces that have kept this stock beaten down for many years as they are the major big tobacco killer, as a micro-cap. My outlook is that when the switch flips and tides turn, this stock can be explosive, and the 10 year pennant has big upside. Recent direct offering done at 2.05, currently 1.60. The long term equilibrium zone is roughly 1.40-1.70, I am a buyer, adding slowly here, and will continue to add sub 1.30. The last year and a half the stock has been trading in a downward channel. Looking at previous 1-2 year periods, there are larger scale macro patterns that tend to form and play out. Recent progress and development of their company key driving force in VLN, has become more and more a reality. Despite the company being in a great position after years of the rigorous FDA process, it's the final stretch for them as their product is now on shelves. Pair that with being on the lower end of the range here, with earnings coming up and an update on their pilot program, I am adding to the long holds. Roughly 7 years I've been following this company closely, swing trading it up and down. The recent direct offering with warrants gave investors the opportunity to short, but I believe it will be a short-lived downturn. The time horizon is 12 months for a macro reversal here to break the channel.
NASDAQ:XXIILong
by Cheesy-Bean_and_Rice-Burrito
1
Could ETH Be Nearing a Bottom with "Blood in the Streets"?ETH could be nearing a bottom. The selling has been brutal. ETH has sliced through its 200 SMA on higher time frames, i.e., the weekly chart. In the coming days or weeks, if COINBASE:ETHUSD hits 875 approximately where the orange circle appears on the chart, the second leg of the decline will be proportional and 100% of the first leg of the decline in dollar terms. This is a multi-month trade idea, attempting to catch a multi-month trading low in ETH. The target is shown above at 2869 , a 50% retracement of the entire decline from the November 2021 high at 4867. This is a multi-month idea. However, do not try to catch a falling knife without a stop. A tight stop should be used to keep risk / reward acceptable and prudent. A stop could be placed at 800, or at -10%, or wherever a person's risk tolerance is. If ETH closes below 750 where substantial support seems to lie, this trade is invalid , and the point of invalidity has been reached. This is where discipline is key for traders—knowing when to cut losses short is vital to survive. (Long-term investors who don't mind holding with a 50% loss maybe have a different approach, with fundamental crypto arguments to support their investment.) Do your own due diligence, risk of loss is high with crypto, so understand the risks in light of your personal situation. And read the disclaimer below please.
COINBASE:ETHUSD
by SquishTrade
1
Bottom in SOXL is in?Arguments pro a bullish scenario in $SOX / $SOXL: We have reached the 78.6 % fib retracement in SOXL According to the seasonal chart from the last ten years (see the SEASONAX screenshot at the top), in 9 of 10 cases the $SOX had made a bullish move from the 17th of May until the 8th of June At some point, the semiconductor shortage must affect the prices ... Contra arguments: $DXY is rising / interest rates are going up ... anything else? I can't see any significant arguments standing against the bullish case in $SOXL. If you have anything - please drop a comment below!
AMEX:SOXLLong
by p4917
Nearing the Neckline of the 2020 Market Collapse BottomThe "neckline" of the bottom after the market collapse of 2020 is very strong support as the selling at this juncture was a panic mode due to the pandemic economic lockdown. Stocks collapsed beyond fundamental levels at that time. This support level is going to thwart downside action for many stocks near this area. This kind of pattern warns of the impending end to heavy selling down. So, many stocks should develop a bottom around this level. Example: The neckline of the 2020 bottom formation for CMCSA is at 39.49. But this is NOT confirmation of an entry point yet. Best to wait for a breakout of the current basing action. Bottom formations can take a while to build sufficient buying energy to move up sustainably.
NASDAQ:CMCSA
by MarthaStokesCMT-TechniTrader