paper_Trader1775

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.

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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.

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SHIB broke it's upward trendline, but did not commit to a change of character to say it is in a downward trend; however it is delicately balanced between an Anchored VWAP below and 10 EMA on top. If it breaks this consolidaton downward we could possibly have price action towards 0.00001162 area, but if we break the 10 EMA we could have price action towards to...

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FORD has a hit an historical resistance which was combined with it's 200 EMA(in orange). Key Levels to keep an eye on are the 10.39 price level; bullish activity from there would invalidate the current hypothetical bearish set up; an bearish action to the 10 EMA(blue) and 50 EMA (purple) would validate bearish setup.

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TDOC touched a key level again and recently appeared to have a fake out. It is consolidating and if it breaks this consolidaton downward it can make new lows. We need a break from the parallel structure upward around 7.33 and then a break from the blue 10 EMA for some bullish action.

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Price is 23.36 facing resistance from the 10 EMA(blue)and the 50 EMA(purple), the last fully printed candle is a small body with a longer upper shadow. Price is also consolidating inside a Demand Zone. In addition, the closing prices of the candles have formed an inverse head and shoulders inside a falling wedge. We need a break past the EMAs and Higher Highs and...

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Here we have a High Wave Candle, Nested between the 10 EMA on top and the 50 EMA below. One strategy is to draw a parallel channel around the High Wave Candle, and be mindful of breakouts, the direction will hypothetically determine if bullish or bearish, (with attention given to lower timeframes). Another theory is that we may be in the beginning of Wave 5 of the...

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Price is consolidating in a downward channel or flag like structure; a bullish breakout can lead to price reaching to 134.85 price range,and a bearish breakout to price reaching 97.44 price range. Notice price is also between the 10 EMA in blue above and the 50 EMA in purple below. CCI is slowly returning from oversold territory. Stochastic RSI had a bullish...

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The crypto asset previous candle was a High Wave candle right on top of the 10 EMA inside of an ascending triangle. Even though the month just started, price is hovering over the 10 EMA, a bullish break out of the parallel structure inside of the triangle could possibly lead to bullish actions toward 94 cents; however if a bearish breakout to price action to 35...

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This asset is consolidating under a key level 0.1755 and under the 200 EMA(orange) and close to the 50 EMA (purple), bullish breakout with no fake outs could push price to 0.1793 and possibly beyond, a bearish breakout with no fake outs to 0.17277 possibly lower. The consolidation is text book bullish, ascending triangle, but the resistance combined with the...

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Here we have price residing in close proximity to a downward trendline and right under the 10 EMA and in an old demand zone. If successful break out of these areas we might have price action towards the 22.67 area the 50 EMA, failure to the 18.00 area. Hypothetically speaking. Have a safe day

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Here we have a descending triangle. We need a bullish breakout with Higher Highs and Higher Lows pass 12.94 for a trend change, if price fails this hypothetical structure we may have bearish action towards the 6.27 price range.

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Price is testing the edges of a gap area and the 50 EMA and a key level the 3.54 price area. If we get an upward breakout price can possibly go to the 4.12 area, a bearish breakout can take price to the 10 EMA 2.85 price area; oscillators are strong CCI very overbought and Earnings this week. Please be very careful have a great day.

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Price made a recent DOJI candle at the resistance of a downward parallel channel, it's also wrestling with the 50 EMA in purple. Volume appears at the time declining. Stochastic RSI is very overbought. Price needs to surpass the 2.75 and price needs to make Higher Highs and Higher Lows from the 3.026 price level for a trend change.

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SHIB is at a key level and previously formed a small body bearish candle with a long upper wick. Stochastic RSI is very over bought, and RSI is getting closer to overbought levels. Price needs to overcome and close above the 0.00001420 price range to continue positive price action. Please see chart for key levels and remember the EMA's can sometimes act as support...

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SOFI has made its third contact on the daily parallel channel, and it has earning this Tuesday. Price has appeared to cycle to the top of the channel and is pressing against a key level 13.10. Stochastic RSI overbought but buyers appear to still have the upper hand, RSI is at a healthy level, and it appears to be rising. CCI level is very strong at 166 and not...

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SOFI maybe at the start of a trend reversal, we recently had a breakout from the 10 EMA and the downward parallel channel. Full confirmation will be when we have a break of structure BOS from the 13.88 price area. The oscillators are healthy also, let's hope we get an RSI breakout also. Please see chart for key levels and please remember other Fundamental news...

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MATIC had a hard drop from .75 to .15 cents, ouch. Now it seems it may be consolidating again in a parallel channel but if it breaks below, it sadly will make new lows, we need price to break out above the channel .1938 and make higher highs and higher lows. Anything below .1519 is in the danger zone. The Stochastic RSI and RSI and CCI are both in the oversold...