With good earnings and strong financial, UPST rallied and formed an elliot wave. It is on the top of the wave and have potential for a pull back in the next couple of weeks.
$AMZN daily chart to determine the direction of the price action. Analysis to follow
ETH - Reached an ATH and is overbought. Two Doji candles appeared before the bearish engulfing candle coupled with a lot of selling. It retraces to the $3500 levels, and buyers saw this as a good entry. The momentum slowed down but still above the VWAP and nine-day moving average. If ETH doesn't defend $3500, it can quickly see $3000.
ETH - Reached an ATH and is overbought. Two Doji candles appeared before the bearish engulfing candle coupled with a lot of selling. It retraces to the $3500 levels, and buyers saw this as a good entry. The momentum slowed down but still above the VWAP and nine-day moving average. If ETH doesn't defend $3500, it can quickly see $3000.
$DOGE - reached an ATH and no longer in the negative region. The price channel suggests that it could get 0.83-0.86. Before this happens, it could pull back to the 0.63 levels. Buyers increased, and a potential cup and handle are forming. #doge #dogearmy #ElonMusk #SNLdoge
$DOGE broke $0.59 resistance after Elon's TMZ interview. It is following the lower trendline going up. It needs to defend that level or it will see $0.52 support. The Volume is lower and the momentum is still embedded in the negative side. #Dogecoins #dogearmy #DogecoinRise
$XRP - 1-day chart, The recent death cross of MA 9 and MA 20 drove the asset's selling to reach the $0.86 support, but this is also a good entry point for traders. It is in an oversold state and ending consolidation. The large green engulfing candle shows buyers that reversed the direction and drove the price to the middle of the Bollinger band. It will test the...
BTC is trying to break the 54K resistance. Currently oversold, strength starting to pick up, and the MACD getting ready for a reversal to the uptrend. If BTC reached the $56K, it would attempt to enter the $60K price level of the orange triangle.
$DOGE poised to test ATH and set a new high. Expect some profit-taking followed by distribution at these the 0.448 level. Breakout is $0.5
$CLOV - Huge volume and interest from the last trading day. The green engulfing candle is a vital reversal sign. There's resistance at $10.56, and the breakout point is $11 - GOLDEN CROSS.
$ETSY - consolidating around the $220 levels with solid momentum. A breakout is possible with the last candle looks like forming a potential dragonfly dogi signaling reversal to the uptrend. The target of $230-$243 with earnings right around the corner. If this doesn't break, then the support is $200.
$RBLX - The asset is relatively new, and there's not much data in the daily or weekly. I used the 1 hr chart and found a nice trend starting from the $60 mark. The triangle pattern suggests that the price can break $79 to test $83.50 previous high. The closing price of $75.85 is a buy signal.
$PENN - Overall uptrend on the weekly and recent sell-off in the daily. This sell-off is similar to the previous two earnings (encircled) but reversed after the report. There is a support at $96, a buy signal for the long term, and resistance at 107 (swing). It needs to stay above the 108 levels and stronger momentum to reverse the trend.
$PLTR - It has been on a downtrend and found support at $20 and traded inside the triangle. It attempted to break out at $24 (circled) but got rejected. It needs to bounce from $22.28, the lower trendline, or it will see $20 support (buy signal). The momentum is heading downward, and the volume suggests more selling than buying.
$DOGE: 1Hr chart - Found support at 0.25, where it consolidated previously. The price is fluctuating between 0.25 to 0.325. It can go to 0.372 if it stays above 0.33 levels.
$BTC - After a bullish run, it started to sell-off in the past 5 days. Momentum slowed down with the bearing engulfing candle to end the uptrend. It reached support at $54 K, which is also a buy signal, as seen in the last candle. It needs to defend $58,500 to continue the uptrend.
$BA found support at $250. To reach $260, it needs to break the top trendline of the triangle (circled). This uptrend can be achieved if there are enough buyers. Earnings Report on April 26.
SHOP hit significant support close to $1000 and reversed to retrace —strong momentum with a lot of buyer's interest could drive the price above $1250 and potentially reached $1300 by next week. The price needs to stay above the orange trendline. The last two candles look like a bearish Hirami. If it goes below the dotted line, it could see $1150.