Sawyer170

Sawyer170

The second bottom has just formed signaling a bullish trend change. Also the moving averages are about to cross forming a bullish golden cross for the first time since the crash. Both of these happening at the same exact time can be further confirmation of a successful bullish trend change Maker is already up about 20% on the week with strong momentum, volume, and...

Sawyer170

This has been on a nice steady move upwards. Nice Bullish double bottom pattern forming.

Sawyer170

The well known double top that crashed bitcoin leading into the formation of the soon to be more famous double bottom recovery showing up on the weekly chart!

Sawyer170

The initial infamous DB that lead to the destructive DT only to lead to the all healing first new DB! The longer the time frame the more reliable, while they say to have a minimum of multiple months of time that make up these formations which is what is going on here opposed to them showing up on a day trading or 1 min chart. These are typically very strong...

Sawyer170

An enormous Double Bottom. They always say the ones formed over a minimum of multiple months time frame are the most reliable. This would be so cool and I think everyone knows their is a realistic possibility considering the disruptive tech of the Lucid Vehicle in an EV emerging era!

Sawyer170

Looks as if a very strong formation of a double bottom is forming on the hourly, daily, and even weekly chart all in the same area which confirms a whole lot more strength and probability that it will play out when it's seen on multiple chart time frames. Their is a target price within the next couple of weeks or so shown above. And this is all happening right...

Sawyer170

Plain and simple, the first double bottom formation since the previous one (just before the last rally...) you can see forming having made its second bottom and with a little sideways after that looks like, considering other bullish signals, that if all things go out and stay bullish this could potentially turn into a large run up...

Sawyer170

Or maybe it comes down some more to even out the double botrom before a nice run up to close that gap down.

Sawyer170

Possible Double Bottom forming on the Daily chart time frame for Bitcoin. The RSI is also above 50 coming off of being bottomed out previously without having found a top yet. Although if this does play out I don't expect it to be the big run up, I would expect another bottoming out to happen before the significant run up.

Sawyer170

I'm seeing a bullish case senario if Bitcoin can break and stay above the resistance levels of $17,050 , $17,850 , $19,150 according to the Daily Chart time frame. I'm also seeing the start to a bullish trend with the daily RSI breaking above 50. If it can stay above 50 and climb to the goal of 70 then that would have been the bullish trend I'm talking about. The...

Sawyer170

Main stocks report on the 27th and have very high estimates. These blue chips are at extreme lows and ready to go from oversold to bought. If they report positive it can really lead to a nice rally. Measuring the rsi daily it looks as if the time frame matches up to fall to oversold territory by the 26th 30rsi to rebound upwards to 70rsi. Just a thought. So...

Sawyer170

I can't help but clearly see the large double top formation, and when this happens my gut tells me not to ignore it since they tend to have a very high rate of success playing out correctly, double tops (M) and double bottoms (W). Double Tops = downtrend upcoming and Double Bottom = uptrend upcoming It looks as if shorting to the target of $200 - $180 would be a...

Sawyer170

I can't help but clearly see the large double top formation, and when this happens my gut tells me not to ignore it since they tend to have a very high rate of success playing out correctly, double tops (M) and double bottoms (W). Double Tops = downtrend upcoming and Double Bottom = uptrend upcoming It looks as if shorting to the target of $41 would be a good...

Sawyer170

Going short for the rest of December. Double Topps (M) are usefully indicators to catch trend changes to the downside. Just as double bottoms (W) signal upside movement. The larger the time frame chart the larger the price action movement prediction and for a longer time outlook. Just look at RSI guys, look at DXY and VIX. Its time for SPY and SPX to come down...

Sawyer170

Im mainly focusing on the legitimate technical analysis of Double Bottoms and Double Topps on the S&P500 $SPY. The main big question is are we in the process of forming out a Double top or bottom? A double top (M) signals a drop in trend and a double bottom (W) signals a rise in trend. Their are also triple tops and bottoms that are the same thing with an...

Sawyer170

All previous double bottoms on Teslas daily chart have resulted in up Trending patterns as they should, just as the double tops have resulted in downtrends. This double bottom is currently in formation and not completely finished forming yet, it could be a prime time to enter into a position at or near the second bottom to catch the upside potential up towards a...

Sawyer170

I'm not to sure what to make of this since it's a good company, but maybe it's time for it to come down substantially.

Sawyer170

Signaling upside with double bottoms on minute charts to day chart and hours charts. Looks very bullish for a short term outlook at least it should regain some of the big losses it just took. I'm going to get a weekly call.