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CARVANA to 0 will be a big indicator! (Bottom)ENG: - Carvana is a used car dealership that operates like a unicorn. (they don't make money, they operate on loses). - Sadly, Carvana is NOT a tech company that can generate additional revenues in any other way other than: SELLING CARS. - Used car sales for the past 2 years went crazy towards the upside, and are now crashing fast. - Most car loans generated in these last 18 to 24 months are underwater by quite an insane margin. - The Car Repo Business has acquired long term properties, to not drop all inventory into the market at once, and kinda stabilizing prices. - High interest rates make it impossible for average people to buy new or old cars at the moment and for the next year or so based on what the Fed says. THESIS: Carvana shouldn't exist. They took advantage of being funded like a technology company, when their business model never evolved further than any other conventional car sales company. Carvana is ONE OF MANY companies that shouldn't exists in this market. Until we see these companies go bust and what the consequences to the investment firms that poured money into them are, we can't call it a bottom. ----------- - Carvana es una concesionaria de autos usados ​​que opera como un unicornio. (no ganan dinero, operan con pérdidas). - Lamentablemente, Carvana NO es una empresa de tecnología que pueda generar ingresos adicionales de otra forma que no sea: VENDER AUTOS. - Las ventas de autos usados ​​durante los últimos 2 años se volvieron locas hacia arriba y ahora se están desplomando rápidamente. - La mayoría de los préstamos para automóviles generados en estos últimos 18 a 24 meses están bajo el agua por un margen bastante gordo. - El negocio de reposesion de autos, ha adquirido propiedades a largo plazo, para no dejar caer todo el inventario en el mercado a la vez y asi estabilizar un poco los precios. - Las altas tasas de interés hacen que sea imposible para la gente promedio comprar autos nuevos o viejos en este momento y durante el próximo año, según lo que dice la Reserva Federal. TESIS: Carvana no debería existir. Aprovecharon que se financiaban como una empresa de tecnología, cuando su modelo de negocio nunca evolucionó más que cualquier otra empresa de venta de automóviles convencional. Carvana es UNA DE LAS MUCHAS empresas que no deberían existir en este mercado. Hasta que veamos que estas empresas quiebran y cuáles son las consecuencias para las empresas de inversión que invirtieron dinero en ellas, no podemos llamarlo fondo.
NYSE:CVNA
by salomondrin
KDA capitulation bottom 2022-2023Could the $0.30 cent plus range be the absolute capitulation scenario for KDA? The blu line is the absolute recorded low for KDA. We may pay this price a visit depending on the capitulation event with Bitcoin bottoming out at or below $9500. We could follow this descending channel if price points are correct. The other horizontal lines are Fibonacci lines that could come into play. I would think that crypto is getting closer to a bottom than we think. I have used a bars pattern as a fractal as visual.
Short
by altcoinb
SPDR Bottom Support bendImportant: ****** With INTRS symbol added to compare and find points of bottoming, please enable AUTO and % to the chart) ******** I added the Interest rate line to check how long will it take to the market to start climbing out from bottom Pivot (once reached there), while comparing it to other yearly crises When Interest rate gets to the highest point during a down trend period (Bear market), it will stay there for quite a while (about 3-5 months) before the fed starts decreasing interest rates again 2000 Dot-Com Crisis Interest rates peaked at 6.5% 5/2000-12/2000 7 months interest rate stayed at peak 8/2000 Market peaked at 152 9/2002 - Market hit bottom (Pivot) 5/2000- 9/2002 From first time market hit highest Interest rate till bear market bottomed 8/2000 - 6/2007 Market took almost 7 years to go back to highest peak from 2000 2008 house market crisis Interest rates peaked at 5.25% 6/2006-8/2007 (1 year and 2 months stayed at peak) 10/2007 Market peaked at 154 (***** ONLY 2 POINTS HIGHER THAN 2000 PEAK ******) 2/2009 Market hit bottom (Pivot) 6/2006- 2/2009 From first time market hit highest Interest rate till bear market bottomed 10/2007-03/2013 Market took 5.5 years to go back to highest peak from 2007
AMEX:SPY
by AstockMaster
S2F BTC 2WHaving kept a close eye this last 2 years on the Stock to Flow for BTC, I had noticed each time the S2F spiked on the 2W chart, a large move in price action shortly follows. As BTC broke the recent 17.5 bottom and formed a lower bottom at 15.5, there was a significant spike in the S2F data as shown on the chart. Awaiting more data with the S2F Model Value to spike as it has many times previously. This could be seen as some relief and good news for the miners. Happy Trading!
INDEX:BTCUSD
by livmac7
5
Bitcoins bottom is not in yet? Possible H&S formingWhile many investors are hopeful and cheerful about this somewhat positive price movement, be aware. This could very well morph into a classic head and shoulder pattern. Bitcoin can test the lower blue trendline, to consequently get rejected by the upper trendline making the H&S pattern complete. Also, there are quite some important levels to break for BTC. BTC is nevertheless still trading in a very important triangle (see upper and lower trendline), take into account that it can breakout in both directions. Let's see if this H&S will become reality.
by MrKittyPTL
1
Bottom is in! Bitcoin hitting 50k in April 2023If we look in the previous bull run, there are few main points: After the breakout of the falling price and weekly RSI resistance, it took BTC approximately 160 days to make a second peak at 0.618 fibo level Such a movement would take us to about 50k at around April 2023 There are actually many similarities - mainly the big channel that the btc stays in the whole time, breaking out only around halving Also, in the previous run, breakout of the falling price and RSI weekly resistance accured at the same time, same as now
COINBASE:BTCUSDLong
by hnizdos
1
W Bottom to Momentum Run Example: CATWeekly Chart of CAT: this is one of the Dow components that is nearing its previous all-time high resistance levels. It is one of the first few Dow 30 stocks to challenge prior all-time high prices. Caterpillar Inc. has been running with momentum that will now pause or stall at this level. Now, watch to see which support level holds as profit-taking continues. This is NOT a trading range but an intermediate-term correction ending with a W bottom. Important to note the differences. A bottom after a correction tends to set up for momentum runs that can sustain longer than they do within a trading range.
NYSE:CAT
by MarthaStokesCMT-TechniTrader
1
HAS BTC BOTTOMED?Sentiment exactly the same as in 2018 when BTC dropped from $6000 to $3000. Everyone was expecting lower prices, sentiment was very negative, and the fear factor was at extreme fear. Same as this year. That is exactly what institutions want you to think, and force you to sell so they can buy BTC at lower prices. These conditions are perfect for a bottom at 78,6 retrace from the previous high. Fractal is very similar although there is one thing that is a bit of scale. ABC drop (capitulation) could be over, but when you are looking the fractal on a bigger time frame as daily, you can compare these fractals and see that ABC from this drop is significantly smaller. so that could be a fractal inside the fractal, meaning that we could still be in ABC, but BTC haven't finished C wave to the downside and maybe C is only starting, and we could see one more wave down.
BITFINEX:BTCUSD
by AjnoudaSikret
1
Bitcoin possible bottomBTC price chart analysis on the 3Day time frame (Heikin-Ashi candles, wicks removed, log). BTC appears to be completing a 5 wave down: -I could go long layering in, if the price hits near these levels of -.23 fibonacci extension. IMPORTANT If the 3day 13 SMA crosses the 48 SMA up and both turn up, I default back to trend analysis I could also add other indicators such as custom buy sell signals and or MACD , Stochastic , RSI , to assist my decisions but this is a simple projection. None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
BITSTAMP:BTCUSDLong
by Turtlecoins
SOLANA still holds… what if it doesn’t?12.80 support zone had been bullish dip 3 times !! 11.55 just once. If it’s still holds the bulls should be able to accumulate and then recover hard non-stop until bullish breaks out. If that ever happens then y’all better buy and hold. If the holds never happens then we are going down to the beginning of the year low since solana had been released and started down to 2-3$ area. In my opinion is .. only if still holds and bulls are playing well then we are up and up non-stop. Again if holds are getting weak then we are making and create a new low for 2023.
BINANCE:SOLUSD
by JoyBoyVegae