paper_Trader1775

paper_Trader1775

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...

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If price fails this parallel channel, price could fall from 0.00001090 to 0.00000603, if price has an upward price breakout from the 0.00001260 price area, price possibly may go to the 0.000017 area, considering if there is no more sideways movement.

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Price is consolidating inside a descending triangle, and volume is dwindling into the tip of the triangle. Price needs to break the 200 EMA at around 0.1822 to reach the 0.20 price region, if price breaks 0.1442 downward then we might lose a zero to the 0.0935 price region.

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This is a bearish set up. Descending triangles are more prone to price break downs. Notice the rejection of the 10 EMA and the trendline. Last time price rejected the trend line there was more bearish action. Volume is also decreasing.Price needs strong upward movement from the 10 EMA the 9.17 price area, and a clean break upward from the trendline. If price...

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If price can break and close above the downward trendline we can have price action to the 11.20 area and then possibly to the orange 200 EMA 11.80 area. However, if we have price rejection at the downward trendline; than we might have possible price movement to the purple 50 EMA at 10.59 or below. Please be careful and watch out for fakeouts and after market...

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We have price hovering above the 200 EMA and a key level around the 391 to 396 price area. Also, we have a possible piercing line candlestick pattern. Oscillators are in oversold regions. Chris Moody MACD is in the red zone but possibly could shift green. If price fails the 200 EMA we might have price action towards 346.68. Be careful and if the markets are too...

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Price is at a make or break point at 10.70, where if price does not hold it may return to the 10.05 area the bottom of the range. If price overcomes the 10.70 area price may rise to the 10.99 or 11.40 targets. Oscillators levels are healthy and Chris Moody MACD indicator levels are healthy, price previously had two successful consolidations and break outs. There...