EYES on ETMan I'm loving the price action of ET right now. As you could see it's stuck and a range, indicating accumulation or distribution. What I find interesting is the volume spikes at the lower end of the range. Pay attention to last volume spike. We obviously see a lot of selling volume, much higher than previous volume close to to the bottom of the range. Notice how the price never reached the support level or broke it. What this indicates to me, is that sellers are getting exhausted and the trend may take a turn to the upside. Wait for the trend to change, a break above $10.20 with some decent buying volume will be a very good indicator to go long. Keep your eyes open and set alerts.
Roundingbottom
#SAVA, rounded bottom, long biasA quick brief, Cassava Sciences, Inc. engages in the development of novel drugs. It focuses on developing product candidates intended for the treatment of Alzheimer's disease, including PTI-125 and PTI-125Dx. The company was founded by Remi Barbier and Barry M. Sherman in May 1998 and is headquartered in Austin, TX.
Quick take on the price action for SAVA, the stock’s volatility has been largely based on the events surrounding Simufilam – the company’s prospective treatment for the difficult-to-treat Alzheimer’ disease (AD).
Average Analyst rating for SAVA is a price target of USD 147. (CMP : 68.53)
I am expecting to see some resistance around $76, which is also the 20 week Moving Average. This stock has given a great move over the last 3 days and is currently 24% away from the 5 day Moving Average, 34% away from the 20 Day Moving Average and about 25% away from the 200 Day Moving Average
Given the formations on the chart, looks like a nice rounding bottom being formed on SAVA. There Is likelihood price will test the 76 dollars range soon. If it holds there, next target could be 96 dollars, else look for a move back towards the 20 Day Moving average
I think this stock is great "buy the dip" stock and would be looking to accumulate
Do note, this stock is extremely volatile, do your research.
NIKLF Rounding BottomInteresting mining stock.
How long will the commodity boom last?
Technically speaking, this is a textbook example of a rounding bottom.
The primary issue I have with this idea is the relatively short amount of time that the pattern has taken to carry out, although this may just be a product of a late-stage bull market and massive liquidity injection.
EOS EOSUSD - Rounding bottom + Next Target- This is my analysis for EOS , a lot of poepole asking about why EOS is not pumping.
- So be careful and consider if the EOS is a good choice or not, maybe it is too risky.
- On the chart we can see a rounding bottom or cap and handle formation, which is bullish .
- After a rectangle consolidaton, the price started with an Impulse Elliott wave .
- First target 1:1 / below all time high.
- RSI is ready and volume favors bulls.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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Big Rounding Bottom on Daily ChartAKSHARCHEM
Bullish above 410
Target : 444, 500
SL: 380 close base
time frame 1 month
Risk is yours and reward is too yours totally
big rounding bottom pattern in daily chart and we can say it is reversal sign from bottom levels, As per valuation, It is under 500 attractive.
Cardano ADAUSD - Elliott Wave + Rounding Bottom!- Cardano is currently breaking out to new ALL TIME HIGHS!
- On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs.
- Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish .
- We will experience an acceleration to the upside in a few days!
- Profit target is 0.618 FIB extension, which is around 30 USD - 1000%.
- Cardano made a huge rounding bottom or cup and handle on the weekly time frame.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, we are currently at the 5th impulse elliott wave!
- If you want to see more of these ideas, hit "Like" & "Follow"!
Monero XMRUSD - Weekly cup and handle!- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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MATIC reversalMatic pumping up after staying at demand zone and making Rounding bottom, lets see if it can break the target or not
EOS EOSUSD - Rounding bottom- This is my analysis for EOS , a lot of poepole asking about why EOS is not pumping.
- So be careful and consider if the EOS is a good choice or not, maybe it is too risky.
- On the chart we can see a rounding bottom or cap and handle formation, which is bullish.
- After a rectangle consolidaton, the price started with an Impulse Elliott wave.
- First target 1:1 / below all time high.
- RSI is ready and volume favors bulls.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
RISKANT LONG using only small budget on ALEPH.im/USDT Maybe we can see forming round bottom and after i like to imagine forming big cup&handle ,like we can see on much coins today ... and if we start talking about fundament there are some good news last time about it ...for example colaboration with ubisoft & huge Crosschain Compatibility with most populary blockchains like SOLANA ,AVAX,ETH,POLKADOT,BSC ... i think its good time to buy this coin and w8 for 2weeks, than maybe take some profit or w8 more time :) . For today (nobody talking about aleph) it is time to buy & hold ... Do your own research before buying it maybe i am false ... (stop loss 0,23600) KUCOIN:ALEPHUSDT
IOST/USDT Rounding bottomIOST is another coin pulled back quickly after the market crash and turned bullish in short period. It is currently moving towards the resistance and completing the rounding bottom pattern. Wait for the breakout and confirmation before entering.
Warning - we might see a fake breakout so wait for the candle to close above the breakout. Also this might turn into a cup and handle pattern so be cautious.
This is not financial advice please DYOR
$WISH setting up for reversal $WISH PT 1: $9.33 PT 2: $11.64 PT 3: $15.00 NASDAQ:WISH
---> Closing in on gap fill $7.87 - $9.33
---> Testing 5-12 EMA cloud for trend reversal
---> Rounding bottom
---> macD cross August 30th
Monero XMRUSD - Road to 3000 USD + Cup and Handle!- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
EOS EOSUSD - Rounding bottom + NEW ATH soon!- This is my analysis for EOS , a lot of poepole asking about why EOS is not pumping.
- On the chart we can see a rounding bottom or cap and handle formation, which is bullish .
- After a rectangle consolidaton, the price started with an Impulse Elliott wave .
- First target 1:1 / below all time high.
- RSI is ready and volume favors bulls.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
BTC's Rounded bottom can Increase the Price to It's ATH!Hi every one
Bitcoin / U.S. Dollar
BTC has Formed a Rounded Bottom! This pattern is Extremely Bullish. The Price can Increase as much as the Width of this pattern! The Break out has already happened and the Pullback to the Rounded bottom has been done so there is no problem for BTC to ascend and also there is a Hidden Bullish Divergence On MACD as well (+HD) so the chance of this Prediction to be true Is high! if this movement happens the price can reach It's All Time High (ATH) once again!
summery:
-BTC has Completed a rounded bottom pattern!
-The Break out and Pullback has already happened!
-(+HD) on MACD
-BTC can Reach ATH soon!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck