paper_Trader1775

paper_Trader1775

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...

paper_Trader1775

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...

paper_Trader1775

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...

paper_Trader1775

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...

paper_Trader1775

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.

paper_Trader1775

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.

paper_Trader1775

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...

paper_Trader1775

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...

paper_Trader1775

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...

paper_Trader1775

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...

paper_Trader1775

BTC is dropping it recently been in the news and because of the tariff venture and also there was supposedly recently social engineering attack. But if the FVG and Demand area don't stall BTC, we might see a return to the 60K region.

paper_Trader1775

Is SOFI heading to 6.70ish price range? are we in the mark down phase of the Wyckoff Market Cycle? Hopefully not! we need some motivation to get back to the 14.00 price range for a fighting chance. Please see chart for visual reference.

paper_Trader1775

Good day Team RGTI is facing a downward trendline and facing resistance from the 50 EMA, price has to break the ascending triangle and the 50 EMA at 7.71 and the volatile news and if it beat those factors it has to face off against the 200 EMA and the downward trendline at around 8.21 to hopefully touch 8.91. If price breaks below the ascending triangle possible...

paper_Trader1775

Anything could happen next week but per the chart we may possibly have and head & shoulders. Also notice price breaking down below the 10 EMA with significant volume. Possible Entry Breakdown of $10.65 (or retest rejection) Possible Stop Loss Above $10.80–$10.85 (right shoulder / 10 EMA buffer) Possible TP1 $9.99 (psychological) Possible TP2 $9.68 (previous...

paper_Trader1775

I hope all is well. Price appears to be moving in a downward parallel channel, price has appeared to resist the 200 EMA(34.98). If price breaks the 200 EMA, we may have bullish activity but if price continues to reject the 200 EMA 34.98 price may cycle down to the 50 EMA (33.42). Please view chart for key levels and for visual representation please be careful...

paper_Trader1775

Good day Team: Shib is in an ascending triangle and needs a strong breakout from 0.00001337 to start a short term upward trendshift, even then it is still under the 200EMA and 50 EMA so long term trend will still be bearish until those levels are broken. Be careful and watch for the breakout of the triangle.

paper_Trader1775

The QQQ has been respecting the 50 EMA since 2023 and has been forming and upward parallel channel, but now the QQQ is testing hard the 50 EMA, the price is hovering right below the 50 EMA; however, price still closed inside the hypothetical upward parallel channel and in a flip zone with wick candles. Keep your eyes on price action and the channel and the flip...

paper_Trader1775

Good day Team: The market has been moving quite mercurial lately. On the daily on the triple Q we have consolidation that can determine price action upward for the buyers and downward for the sellers. However, we may have some confluences that may possibly favor the buyers. ✅ MACD (CM_Ult_MacD_MTF) Histogram is turning positive, signal lines crossed bullish. ✅...