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Bottomingout

Celsius ($CELH) is FINALLY BOTTOMING. NOW IS THE TIME TO BUY! NASDAQ:CELH is FINALLY BOTTOMING?! NOW IS THE TIME TO BUY! 5 REASONS WHY: 1⃣ We have DIVERGENCE on the Weekly Chart 2⃣ It's a "High Five Setup" 3⃣ It's a BUY according to my Valuation Metric Tool (4/6 score) 4⃣ Growth Beast! Beaten down over 40% this year 5⃣ Find out by watching. 👇 Video analysis 5/5. Stay tuned for more!🔔 Like ❤️ Follow 🤳 Share 🔂 Will Celsius finally get back on track with their growth or be defeated by the Goliath Monster?! Sorry for the pauses in the middle of the video; my dog came in and was about to start howling 🐶🤣 Not financial advice.
NASDAQ:CELHLong
by RonnieV29
4
Beyond Meat Bottom Pattern Formation SpottedHi Guys! This is a Technical Analysis on Beyond Meat (BYND) on the 3 Day Timeframe. I believe we are in the process of forming an Inverse Head & Shoulders Pattern. Currently in the process of solidfying the Right Shoulder. Which i believe will/ can take couple weeks to form before rallying past neckline. So far every part of this pattern has been textbook. SUCH THAT -> Every part of the Head & Shoulders that formed, the VOLUME has reacted a specific way. Stages of the Price Action 1. Downtrend to form Left Shoulder 2. The rally from Left Shoulder does not breach the Neckline 3. Downtrend from peak of rally to form Head 4. The rally from the Head also does not breach the Neckline 5. Downtrend from Peak of Head rally to form Right Shoulder 6. The rally from the Right Shoulder breaches and moves above the Neckline 7. A Return move from the breakout back to Neckline 8. Test of Support and a bounce from here going above the peak of Right Shoulder Rally So far we've hit Stages 1-4. We are currently in the process of forming the Right Shoulder and completing stage 5. We need to pay attention on the completion of the Right Shoulder and the next stages of the Inverse Head & Shoulder, particularly this next potential RALLY. It MUST Breach and move above the NECKLINE. Volume Signs of Textbook Inverse Head & Shoulder 1. Left Shoulder has taller volume bar (higher volume) than Head Volume 2. Lighter volume or shorter bars seen for Head than Left Shoulder 3. The rally from Head has increasing volume that exceeds volume of the rally from left shoulder to neckline 4. Downtrend to Right Shoulder -> shows a declining volume bar height / declining volume After the formation of the Right shoulder we need to see: 1. Sharp Spike on Volume during rally from Right Shoulder to Neckline breakout 2. Declining Volume during the Return Move So far so good. And we need to continue to pay attention to make sure all the criteria is being hit. Now targets for Right Shoulder Rally, is hard to tell. BUT the previous rallies could not pass the RED RESISTANCE ZONE. So im thinking we can move into it but we dont get ABOVE it. We need to watch the VOLUME -> there has to be a sharp spike on volume during this rally. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on BYND in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy
NASDAQ:BYND
by SafofAllTrades
3
UiPath Bottoming & Trend Shift Signs Point to Trade PotentialHi 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. First we will discuss MAJOR Macro developments that really brought my attention to PATH. We have broken out and confirmed out of MAJOR RESISTANCE Line that expresses our major DOWNTREND. That is indication in my opinion of a Trend Change. This is important to see in a stock trying to bottom out. The 2nd MAJOR Development, is the observation of an ASCENDING Triangle Pattern. Usually its seen as a Bullish Continuation Pattern but at bottoms it can be seen as a Bottoming pattern. If we start to see signs of a breakout and then CONFIRM Support on the Blue Flat Trendline, it would signify the Triangle is playing out and we have indeed bottomed. The confirmation of Support would make a solid area to take positions. VOLUME must continue to increase if we are to breakout of the Triangle. So this next week to couple weeks will be interesting to see what happened. Also note, that for the Triangle to play out, we need to pass some Extreme RESISTANCE. There is always a possibility of a rejection here or a fakeout so maintain vigilence and watch for CONFIRMATION. Keep in mind also a rule of trendlines = The more we touch a trendline, the weaker it gets. Now lets take our attention to Current Price Action: As long as we close around these current prices today, we will print a BULLISH ENGULFING candle. This print will also have our price action ABOVE the 21 EMA. Though we've been above and below quite a few times, with other things playing out in the charts, i believe we have a more likely chance to continue ABOVE the 21 EMA. Normally in UPTRENDS, staying ABOVE the 21 EMA is needed. We will need a test of support and confirmation of maintaining it. ALong with this, if our MACD prints a BULLISH CROSS while being above the 0 level, this would be key for BULLISH MOmentum to come in. With MACD if the Red line in the RSI is broken and it takes the Path i drew out in black. This would make it likely for the Ascending Triangle to play out to the measured target. Check out my Doordash Idea to see example of Ascending triangle. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on PATH in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NYSE:PATHLong
by SafofAllTrades
Is Oatly Dead? Is it going to 0?Hi Guys! This is a Technical Analysis for Oatly (OTLY), on the 3 Day Timeframe. New candle starts today So the question here is whether or not OTLY is dead and if its going to 0? It may seem like that but when "Checking underneath the hood" with TA, things become clearer and you can understand whats going on objectively with a level head. So we've come down signficantly from around the highs of $29, about a 95% drop to current prices. And its been alooooong time we've been on this downtrend, about 781 days. In my case though, the question i've been asking with Stocks such as OTLY or SPCE or BYND or CVNA (before the massive run) is whether or not there are signs of bottoming? And with such a new stock, it can be a little difficult to assess since theres not as much data points to go with. But you can still make do with what you got! We are Currently 4 RED candles in, watch the size of our current candle. IF at the CLOSE of this current candle, the body of it is small, that can be an indication of BEARISH momentum decline. Notice how we got our most recent DOWNTREND, it is due to the RED circle that indicates price hitting a convergence of Resistance: 1. the 50 Simple moving average 2. a RESISTANCE trend line from 08/2022. We are now nearing our previous low of around $1.35. Which is MAJOR SUPPORT. Notice the 2 GREEN CIRCLES -> Provided we don't breakdown below $1.35, this can be a DOUBLE BOTTOM pattern. We have to watch the next couple weeks of how we interact with SUPPORT. NOTE: This MAJOR SUPPORT hasnt had 3 touches, which in TREND theory, it states that usually a minimum of 3 touches are needed on trend lines for it to be significant. So, this can be an area we BOUNCE from in the SHORT-Term -> back to the BLACK resistance line or RED Resistance line There is also a RISK of a Descending triangle playing out, where we break below the "MAJOR SUPPORT". Measured Target would be $0.58-0.60 cent level. But again TA is about taking it 1 step at a time. To even think about this i would need: 1. Candle close BELOW MAJOR SUPPORT 2. CONFIRMATION -> In the form of candle patterns -> Re-test of the SUPPORT turned as RESISTANCE and a Rejection back down. It absolutely does not have to play out this way BUT a scenario could be that we bounce from here, test the 08/22 RESISTANCE and come back down to test MAJOR SUPPORT level. It is also possible that we MOVE SIDEWAYS (Within ORANGE Rectangle zone). With the Volume currently in a DECLINE, marked by the BLUE moving average. This means volatility will come down, leading to the probability of sideways action. Now Check out the RSI, we have printed a Lower Low. This could lead to further DECLINE of RSI. WE are also BELOW the BLACK RSI Moving average, which can be indicative of further price declines. STOCH RSI, is making its way below the 20 level. We will have to see how long we stay once we get below it and how low we actually get. Longer we stay below, higher the probability of further declines. MACD -> a momentum indicator, is currently printing RED histograms. This is a BEARISH Signal. We dont want the bars to get massively big in size. CONCLUSION: Price declines of massive proportions can be extremely scarey and a place for capitulation, where people give up. This often times leads to further decline of price. However through all that, if you stay level headed with TA, you consider or pose the question..... Yeah, but is it showing any BOTTOMING signs? OTLY is 95% from its lows, we are currently back to MAJOR SUPPORT. This can be indication of a DOUBLE BOTTOM but in my opinion, its still too EARLY to tell. Especially with indicators still showing signs of a chance for more downside. I would need to see confirmation. Stay tuned for more updates on OTLY in the near future. Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. When trading always spend majority of your time on risk management strategy.
NASDAQ:OTLY
by SafofAllTrades
FIVERR Showing Life @ Bottom Consolidation Zone Hi Guys, Welcome! This Technical Analysis is about Fiverr (FVRR), its on the 3 Day Timeframe. Since May 2022, we've been in what i believe to be a BOTTOM consolidation zone. As you can see we are back around the prices where FVRR first became public. This is about 90% from the TOP of Feb 2021. The BOTTOM Zone is shown as the GREEN Rectangle with the RED Borders. The Upper RED Border indicates MAJOR RESISTANCE The Lower RED Border indicates MAJOR SUPPORT I believe price action to be CURRENTLY moving to the BLACK RESISTANCE LINE labeled July 2021, the date being when the resistance first formed. I believe this to be our current target as we have only touched it 2 times before. Its been about 1 year since we've INTERACTED with the BLACK RESISTANCE LINE. When we reach however, we will have to see how PRICE reacts with the BLACK LINE. Since we have NOT interacted with this LINE 3 or more times, it could be a potential area for a PULL BACK, thus can be a potential SELL ZONE. NOTE: TREND LINE theory states that for a trend line (whether resistance or support) to be broken, it requires ATLEAST 3 touches. We have closed our RECENT 3 Day Candle Today, where the head is ABOVE 50 DMA (GREEN MA). Our next candle or couple of candles needs to CONFIRM SUPPORT above the 50 DMA (GREEN MA). Doing so will also add to the PROBABILTY we get to the JULY RESISTANCE. KEEP IN MIND: If we DO NOT stay above the 50 DMA, we may go back down to test FIRST, the 21 EMA (ORANGE MA), if we fail that then back down to the BLACK or RED SUPPORT lines. We need to watch how the 21 EMA (ORANGE Moving Average) reacts with the 50 DMA (GREEN Moving average). Note that the GREEN Circle with BLUE Arrow shows that when it CROSSED, PRICE moved UP. Currently, 21 EMA is curved up, indicating that we may be close to a CROSS. This would be a MAJOR catalyst for BULLISH MOMENTUM. Notice also how the 50 DMA has been FLAT, this may be an indication of prices stabilizing and a possibility of a BOTTOM. Take a look at the LOWER BLACK SUPPORT LINE near the LOWER RED BORDER of RECTANGLE. This LINE coincides with the lower BLACK upsloping line found in RSI. -> This indicates a BULLISH DIVERGENCE, which is a BULLISH PATTERN where PRICE shows LOWER LOWS as it interacts with BLACK LINE but INDICATOR shows HIGHER LOWS. On the RSI we are currently peaking our head over our 1st RESISTANCE. In the coming weeks we need to test this as SUPPORT and CONFIRM. I think though, once we get ABOVE the previous HIGH in the RSI, we may be underway on breaking OUT of the CONSOLIDATION RECTANGLE. As of posting this, STOCH RSI AND ADX are bothing indicating that we have plenty of MOMENTUM still left in the tank for this current move to continue, strengthening the probabilty we continue up to JULY RESISTANCE. LASTLY, Notice the ORANGE Trendline labeled "From FEB 2021". This is our MAJOR MAJOR TREND LINE. Above this, we are in a Definite FVRR BULL RUN, in my opinion. It is about a 100% increase from current prices to reach here, to give perspective. CONCLUSION: It is likely that FVRR is either in the late stages of BOTTOMING or has already bottomed with its LAST touch of the BLACK SUPPORT LINE. We've been in this range for over 1 year, indicating accumulation. Currently, we may be in the process of moving towards the JULY 2021 Resistance line, and attempt for a TREND CHANGE. Even though traders don't have a crystal ball, evidence in the charts can help point to probabilities, 2 being the STOCH RSI & ADX which show that there is still enough Bullish momentum to push prices. Signs also point to a potential 21 EMA 50 DMA CROSS, which can help push price UP. The formation and eventual play out of the BULLISH DIVERGENCE may be a sign of a BOTTOM and also be what is needed for us to push past the BLACK RESISTANCE Line. Hope this was insightful. Please follow, boost and comment to support my ideas and let me know what y'all think and see as well! Would love a discussion. Thanks! DISCLAIMER: This is Not financial advice i am not an advisor. The thoughts expressed here are my opinions on TA and for educational purposes.
NYSE:FVRRLong
by SafofAllTrades
2
3 Non Correlated Reasons BTCUSD Has BottomedBTCUSD 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 stablecoins are flowing into BTC, dominance naturally declines and vice-verca. So notice stablecoin dominance has formed a lower high, while BTCUSD has made a lower low. So this is an anomaly that doesn't normally occur, so expecting a reversal. Weekly candle will close on the 21 Novemenber 2022. If it closes Bullish and Dominance candle closes bearish, setup is confirmed. What do you guys reckon?
COINBASE:BTCUSDLong
by jaepayne
1
BTCUSD TD SEQUENTIAL FLASHES 9The Tom Demark Sequential Indicator flashes 9 on the monthly chart. Each time this happened, the bottom was set and Bitcoin prepared for another bull run. If you draw the Fibonacci from the monthly candle at the time the TD Sequential flashed a 9 to the highest point on the monthly candle that Bitcoin closed the bull run, Bitcoin then made a bottom at the 0.382 Fibonacci retracement two times already. This is exactly where we are now. The bottom is in, it is now up to the bulls to slowly start growling. Be patient, just stack sats, and we're all going to be fine.
BNC:BLXLong
by joerivdpol
STEEM BTC - Market cycle analysisShowing signs that the bearish market cycle may be coming to an end by looking at moving averages, volume profiles, fibonacci speed fan and time axis fibo. The high volume in the local (horizontal) trading range could indicate an incoming trend reversal, however this would need to be confirmed by bullish price action. If the price can sustain a trend above the moving averages then I expect we may see a shift to a bullish cycle. Not an expert, not financial advise. Biffy
by Biffy
ETH/USD Showing Signs of BottomThe volume seems to be kicking up quite a bit in the last couple months. We probably haven't seen the absolute bottom, but it is starting to look like the market cycle is nearing an end and we are entering an accumulation zone. Bollinger bands seem to be tightening and the RSI seems to have flattened out. Looking at Coinbase's volume it looks a little different (not nearly as high), but maybe there will be some last minute ship jumping there to push us into the depression phase around Q2 2019. Not investment advice, just for fun, but good luck trading.
BITFINEX:ETHUSDLong
by Brodie_MT
2
Safe Trade : Long Xiaomi on Bottoming Out effectXiaomi appears to have hit the bottom and appears to be on the recovery after a morning star session. The DOM also looks good where the buyers are overpowering the sellers. Good for a long market entry for Xiaomi: - Entry: 10.22 - SL: 9.66 - TP: 11.61 Not sure what is the fundamentals behind it? - New products? - Oversold? - Thawing of the trade war between US and China - Dovish Fed? Any case, still have bad news such as the weakness in Chinese trade in the second half of 2018 due to trade war, Brexit stalemate, US Gov Shutdown, probe into Trump's Russian links and so on. But in any case, this is a safe bet as Xiaomi is a solid company that had fallen from its IPO price of $16. Went long myself. Risk is there but good risk to take.
HKEX:1810Long
by kailevel
3
Ultimate Stock Fake-out [Stop Hunt]We have a much lower drop than expected because there are so many stop losses and liquidations in this circled "Stop Hunt" area (which WALLST investors are taking full advantage of). However, we are meeting with two hidden support lines (pink and purple) and converging with the Weekly 150-EMA. It may not look like much, but this is HUGE support and the big players know it! Don't let the talking heads fake you out. This is phycological warfare right before Christmas when no one is at their computers to trade. I cannot wait to see what happens in the next couple weeks. Where is the bottom? Somewhere around 22,500 but be conservative and don't try to be first in, you should wait for the signs of reversal. A lot of folks will wait for the 21,000 support with the 200EMA but this incorrect, and they will miss out on the fake-out!! Merry Christmas -racethahair Ps. checkout my BTC charts where I successfully called the bottom at $3150 before anyone else!
DJ:DJILong
by racethehare
25
Merry Christmas pt.II [bonus game inside]To all the good boys and girls, those where weren't greedy this year and saved for the end: --- Don't be confused by the "cute" little graph, if you are conflicted, know each line is a map. To play the game, you must be smart, being wise and confident, is a good start. Please comment your guess "End of Year" price Then like and follow to win the prize! --- How to win: closest to guess the price on the final weekly candle close (use decimals for uniqueness) The winner: receives a follow from me, and a link to their chart of choice on my updated status here My best guess: I left you a gift right under the tree ;) Enjoy, -racethehair Ps. The Fibonacci Time-Zone is not just for the colors... welcome to "the bottom" and Happy New Year PPs. There are four price pumps (each within 3 candles) on the left of the tree, not just ornaments my friends
GEMINI:BTCUSDLong
by racethehare
22
US 30: H&S Right Shoulder Coming?Panic abated somewhat, still chance for another selloff around elections this week, expect explosion after, or just straight into next leg up. Tentatively looks like we might have an Elliott wave 1 past week, with a 2 on Friday, might sell a bit more Mon/Tues; if it plays out, then 3 will be magnificent. Bull isn't done running yet, but 2019 will likely bring him down. Expect triple top formation before the real break. Sell in May and go away... Just an idea, not investment advice. Trade at your own risk- GL!
DJ:DJILong
by DaddySawbucks
5