paper_Trader1775

paper_Trader1775

So Bitcoin is consolidating from 101K to 109K, from an uptrend which is probably but not certainly a continuation pattern. BTC is still above the 10 EMA means bullish short-term, confluent with market structure, and above 200 EMA long term bullish. BTC might cycle back up in the flag pattern or break below the 10 EMA, which could possibly (not certainly) send it...

paper_Trader1775

Rivian (RIVN) is currently at a binary decision point, sitting just above the 50-week EMA and a key uptrend line. Price is testing a strong confluence zone near $13.38–$13.57, with rejection seen from the $15.49 resistance. A break below this area could lead to a drop toward the $12.43–$11.54 demand zone. You can refine your entry using the high-wave candle by...

paper_Trader1775

Price is consolidating around the 200EMA, and right on a trendline, if price breaks below the trendline possible price target is 9.58, and 9.58 would be the bulls last stand against the bears. Please be careful and watch out for fakeouts.

paper_Trader1775

SHIB needs to beat the 0.00001223 key level and then the 200 EMA at 0.00001238 and then that downward trendline, to get the bulls fired up.

paper_Trader1775

Price appears to be moving in an upward parallel channel. Now it is testing support at the bottom of the parallel channel. Price is also testing the 200 EMA (10.17). If the Bulls have their way price will go through the 10.70 price and then 11.00. If the Bears have their way price will drop to the 9.75 area and below. Let us see how price reacts around the 200 EMA.

paper_Trader1775

Price has returned to the 100 EMA at 14.01; will the Bulls have their way and pass 14.40 price and fill up the gap and test the 14.80 price area? Or will the Bears short away to the 200 EMA at 13.60?

paper_Trader1775

QBTS hasn't tested the 200 EMA since early May, now it is consolidating on it; also, on top of an unfilled price gap. The Bears would want for price break below the 14.70 200 EMA and fill the gap and test the 13.35 price area, bulls want price to break the trendline with volume and momentum and reach the 16.20 area and the 17.23 price area.

paper_Trader1775

If HPE can move with volume and momentum above 17.70 price we can possibly have some bullish action towards the 18.00 price range, but if price fails the 17.52 price which is also the 200 EMA in orange, we may have bearish price action towards the 17.00 price range.

paper_Trader1775

Doji on top of the hill — on the daily chart, we observe a doji candle printed at the top of a strong uptrend, situated in a heavily overbought zone, as confirmed by both RSI and Stochastic RSI. This suggests potential for a pullback. If price moves below $73.21 with strong volume and conviction, the decline may extend to $72.07 (structural CHoCH) and possibly to...

paper_Trader1775

Is it just my imagination or is the coin on the move again. Around April 11th it made a nice move up and then around the middle of May consolidated and dropped into what we have a Demand zone. Even though we are below the 200 EMA, price so far has not broken it's recent low. Keep your eyes on the next few candles and the trendline, we need a bullish candle above...

paper_Trader1775

Price was moving in an upward parallel channel. But price has declined and is consolidating on the outskirts of that channel between 0.1973 and 0.1868. A breach below this consolidaton can possibly send prices to the 0.181 region. On the otherhand, bullish action out of the channel could possibly lead to price action to the 0.21 zone. Please be mindful of fake...

paper_Trader1775

From December 2024, the price been dancing in upward parallel channel. Now it is testing the middle of that channel and the 50 EMA(in purple) and 0.5 Fib level and interestly enough the 200 EMA(in orange) is near the Golden zone also. If price makes a strong move into the 14.55 the 0.382 Fib area, there is a chance of bullish action; but if price breaks below...

paper_Trader1775

SPIR is consolidating on the 200 EMA(in orange) on the tip of a falling wedge in the bottom boundary of an upward parallel channel. If price falls out this wedge and below the 200 EMA, bears can push the price down to the 9.80 and 9.30 level. If bulls overcome the bears, then price can break out above the wedge, and maybe we can see prices in the 11.00 levels and...

paper_Trader1775

Shib is consolidating in demand zone and near a key level. Bulls need price to break out of the Demand Zone above 0.00001300 to hopefully 0.00001427. If the Demand Zone fails bears can push price down to the 0.00001100 levels. Be careful and have a nice day

paper_Trader1775

Price made a doji candle around a key level in yellow. Price has made a downward broadening opening wedge and a doji candle at the wedge upper resistance. MACD crossed over green but below the zero line. The rally may be short lived. We need price to break out of the wedge with volume and momentum or price to make Higher Highs and Higher Lows from the 13.27 price.

paper_Trader1775

Price needs to have a bullish breakout of the consolidaton, perferrably with significant RSI levels and some volume, Stochastic RSI is just indicating that this may be just a minor pullback from the downtrend. MACD(Chris Moody) had a bullish crossover but it is below the zeroline. We need a strong breakout above the 0.19225, for some real bullish activity. Have a safe day

paper_Trader1775

Price is consolidating around a critical key level 67.15. Even though price appears to be forming an ascending triangle at that level, we have at this time bearish divergence with price and volume and with price and the oscillators (RSI, Stochastic RSI and CCI). Price must break with intense volume or form Higher Highs and Higher Lows above the 67.15 key level to...

paper_Trader1775

"Price needs to break out of the Parallel Channel and the 200 EMA (in orange) and the downward trend line and the 72.83 resistance level for some possible bullish action."