peterbhc

peterbhc Updated 

Big close inbound. Bullish close above 200 weekly MA Bearish close below 200 weekly MA. Dump at 23,000 appeared to be a bull trap. DXY looks to be rising too. Let's see where this goes. Good Luck

peterbhc

I believe BTC 22,400 will be acting as resistance over the next few hours, until the E is hit and forced lower. Probably looking to end the day around the 50% retracement from most recent impulse around 21,600. Then looking to see reaction, too close short or scalp long. Good Luck *CME futures closed around 22,600

peterbhc

DOGE has pushed above the descending trendline and is now above the 1D MA 50. DOGE could rally up to the following targets orange box at $0.095 MA 200 around $0.11 SQUEEZE should signal green with today's candle close. (I would like to see a larger volume spike) Good Luck

peterbhc Updated 

Watch ADA for a daily close above the MA 50. This should expose MA 200 (above $0.80). With a first target of $0.60 Good Luck

peterbhc Updated 

ETH needs to verify breakout and show that previous resistance (1270-1280) becomes support. Notice ETH also hit descending TRENDLINE. 4H RSI, MACD, & SQUEEZE all are overbought. Short to 1270, then watch price action for support (further advance and higher prices) or rejection (further down). Good Luck

peterbhc

BTC Hash Ribbons are almost signaling a long. PI CYCLE Bottom has already signaled so BTC is very close. Good Luck

peterbhc

IF BTC cannot claim 20,400 - prepare for a sharp decline back down. BTC loves these BART patterns. Good Luck

peterbhc

IF ETH cannot get back inside the trendline and above the 50% retracement level, the bullish scenario is stalled and should revisit lower levels. Watch for 4 HR confirmation (above or below) trendline to short down to $932. Good Luck

peterbhc

Anyone else see this? PI Cycle Bottom Indicator just signaled with the new daily candle. Current Market situation is harry, so make wise decisions. Very interesting that the indicator just triggered the bottom. Good Luck

peterbhc Updated 

Be mindful of UVXY in this triangle and what it does as it approaches either side of the triangle. A break above may be explosive even up to the GREEN PT around $38 a rejection to the downside and out of the triangle should calm the markets and head lower. A break below the lower support level would signal bull market returning. Good Luck.

peterbhc

Watch for Support/Resistance flip to fail or hold at $37 GREEN line. If an hour candle closes below, then support becomes the mid channel line and then the lower channel line. Careful RSI, is elevated. MACD and Squeeze may move lower. $37 is the key if it fails or holds. I entered short at $37.30 and my stop loss is above the parallel channel at $37.75 Good Luck.

peterbhc

Monitor the daily candle close. ETH has tested the 50% retracement level. If it closes above that may be a good signal for entry long. Notice the daily squeeze is getting ready to advance bullish in a few more days. Good Luck

peterbhc Updated 

Load up on flag exit. Target is around 1280 then add stop loss as it progresses. if 1260 is captured this could go to 1500 real quick. Good Luck

peterbhc

Notice the BTC Bollinger Bands on the Daily. They have compressed very close together indicating a powerful move. Either up or down; However, notice the SQUEEZE indicator on the daily. This is suggesting a BULLISH impulse upwards. Monitor the Mid Bollinger Band for rejection or advance when the test comes. I see BTC having a large upward impulse very soon. Good Luck

peterbhc

I expect BTC to follow last summers price action to complete wave C. Over the next few weeks, BTC should reattempt to challenge 25 area to see if buyers are there. I am looking for more volume then shown at the last 25 drop. If there is more volume that will indicate growth and confidence in BTC. The lower TEST and HOLD is a bullish signal. I am buying these...

peterbhc Updated 

ONE is trading in a parallel channel. Notice the trendline that will provide resistance. Indicators are oversold. Great place for entry down here. after $0.12 ONE should have a strong advance. Good Luck

peterbhc Updated 

FTM is trading within these descending parallel channel. Monitor for YELLOW trend breakout. FTM nearly reset the entire hype phase returning to it's lowest levels. Now FTM can recover and deliver on the programs fundamentals. Once $1 clears, this will be explosive. Good Luck

peterbhc

BTC.D RSI is overbought and hit trend resistance. Look for BTC price to rise with ALT dominance, resulting in lower BTC.D Good Luck