paper_Trader1775

paper_Trader1775

On the hourly chart, SHIB has recently tested the 200 EMA(in orange) unsuccessfully two times. As of this time, it is consolidating under the 200 EMA again. The testing and rejecting of the 200 EMA has seem to form a parallel channel. Failure of the 200 EMA again, can lead to price drop to possibly 0.00001428 or lower. We need a break out from the 200 EMA with...

paper_Trader1775

In the past few hours price has formed a downward parallel channel. Price has cycled to the top of the channel and is challenging the 0.227 the 200 EMA (in orange), if it does not break out this channel and overcome the 0.229 price level we might see prices drop to the .22 or lower. Be careful have a nice day.

paper_Trader1775

Price has made a falling wedge, Price is currently forming close to the tip of the Falling Wedge under the 200 EMA, if we get a bullish break out, we might test 0.22974 if we get a bearish break out, we might test one or both of the Demand levels below. Be careful and watch out for fake outs.

paper_Trader1775

If we get bullish price action above the 200 EMA(in orange) 17.26 we might see higher prices, however if price breaks with volume below the 10 EMA in blue it might retest the parallel structure and the structure may act as support. Have a nice day

paper_Trader1775

Price appears to be consolidating between a key level 0.24 and above the 200 EMA (in orange) 0.2173 There is also possible future cross over of the 50 EMA(in purple) with the 200 EMA(in orange). For bullish activity we need price to make Higher Highs and Higher Lows from the .24 key level. Please be careful this crypto asset has been battling this resistance...

paper_Trader1775

SHIB at this time is forming a double bottom in a parallel channel on the daily. It's also on an upward trend line and recently made Higher Highs and Higher Lows. However, it is still under the 200 EMA 0.00001602(in orange). If SHIB falls below 0.00001410 and makes a clear break of the downward trendline we might test the Demand Zone around the 0.00001260-...

paper_Trader1775

Stochastic Oscillator is overbought RSI 67.03 approaching overbought levels VIX indicator flashing top is in Price is fighting the 100 EMA Price reached golden zone of the Fib level Price has cycle up to the upper resistance of the downward parallel channel. We need price to break out the parallel channel and overcome the 64.75 resistance for some bullish action,...

paper_Trader1775

SHIB is moving in a tight channel between 0.00001414 and 0.00001498 on the bottom of a parallel structure on the day chart, and a bearish breakout can possibly take it out of the channel to the 0.00001290 price range but a bullish breakout can possibly take it to the 0.00001700 price range. Please be careful and watch out for fakeouts.

paper_Trader1775

Price fell and picked up pace around the 100 EMA in black. We currently have price action above the 21 EMA(yellow). We need buyers to push price out of the parallel structure. And hopefully we can see 25 cents. Let's hope that price doesn't cycle down the parallel structure.

paper_Trader1775

The candle completes printing Sunday night. If we get a bullish candle on the 21 EMA, SHIB holders have hope, if price does not claim 0.00001402 region we can see prices go below to 0.00001300. But so far as of this time, we have price forming a hammer at the 21 EMA and at the support of an upward parallel channel and on the 0.00001414 key level. Be careful and...

paper_Trader1775

Stochastic RSI is in oversold zone. RSI is in oversold zone. CCI near reversal zone Price has cycled downed to the bottom of an upward parallel channel and the 200 EMA in orange. VIX indicator recently flashed bottom is in. Indicators are pointing toward a reversal If price has a bearish breakout from upward parallel channel we can possibly see .18 to .17 prices....

paper_Trader1775

SHIB needs to break out of the parallel channel and cleanly reject the 200 EMA(orange) to not go bearish on the 4 HR TF. If it fails 200 EMA it can possibly go to .00001300 area

paper_Trader1775

We have price moving in downward parallel channel to the 200 EMA in orange and close to a Demand Zone. Price action around the 0.2018 cents range will be very important due to EMA and Demand level and key level confluence.

paper_Trader1775

This asset is currently in a downtrend, making LHs and LLs, price seems to be retreating from the .2313 area. Price may be retreating to one of key layers below. Please see chart for price action.

paper_Trader1775

On the 2 HR chart, the crypto asset consolidates on top of the 21 EMA, price needs to overcome .23476 price to continue the march. The 21 EMA sits over the 50 EMA which sits over the 200 EMA. If we get bearish action keep an eye on those levels, be safe and have a nice day.

paper_Trader1775

Here we have DOGE moving in an upward channel, indicators are saying asset is overbought, price has cycled to the top of the channel and could possibly breakout to the .24 cent range but a pull back to middle of the channel is possible (.21) range or to the bottom of the channel closest demand (.20) range. Have a nice day be careful.

paper_Trader1775

RSI and Stochastic RSI are gearing up for possible bullish activity. The alt coin market cap may break out of the Supply/Value zone and the 21 EMA(in yellow). Please be careful the next few days, next week may determine if we are safely out of the Supply/Value zone.

paper_Trader1775

SOFI is still facing resistance at the top of a parallel channel, and consolidating. It fought a supply zone and fail on April 29. SOFI need to clear 13.80 with some bullish candles and volume to *hopefully* start and uptrend.