peterbhc

peterbhc Updated 

I see BTC preparing for a higher high and break above 20,500. But only to be rejected down to new lows. BE CAREFULE OF THE SHORT SQUEEZE, it is too attractive for the whales not to trigger it. Watch or act is up to you, I am long from that wick down yesterday and moving up my stop loss. Good Luck

peterbhc Updated 

$114 is resistance. I see DXY testing lower channel support before the next DXY rally back up. Good Luck

peterbhc Updated 

OK, I believe there are new lows this year for ETH; however, this Wyckoff is suggesting that this descent might be the lows for a time and ready to start another push or at least a another bear rally? I will not change my primary decision from bearish until I see a successful 'TEST' above the spring low with VOLUME and advance. If that occurs I will open LONGS...

peterbhc Updated 

This is a complete educated guess, but I thought it would be fun to see how accurate it may be? I am expecting a distribution top in MATIC at this range. I will look to SHORT if this schematic plays out. I do believe MATIC will dump with the market. Good Luck.

peterbhc Updated 

Watch for breakout of MATIC wedge. I see a large impulse rally here once it breaks above. Good Luck

peterbhc Updated 

Watch for MATIC to reverse here, with a target between $0.81-$0.80 Once the 1H MA50 flips from support to resistance that should begin the descent. Good Luck.

peterbhc Updated 

Looking at DXY I am noticing Accumulation in the 15min TF. If this is the TEST now, we should advance to 113 and beyond soon. Good Luck.

peterbhc

4.791% looks like may be the target of this impulse. Typically when yields are bullish, Nasdaq/Tech has been bearish. I am monitoring this level for reversal. Good Luck

peterbhc

UVIX is trading in a parallel channel and maintaining support. If support holds an impulse upwards to resistance and top of channel should follow, around $18. Good Luck

peterbhc

I will watch for an Upper Test above 19,712 for a SHORT entry. This decline may provide the SPRING in ETH I am also waiting for? Good Luck

peterbhc Updated 

look for entry in SQQQ for wave 4 along the wedge support between $52.88 and $51.47 Sell them at the top in the next few weeks. Good Luck

peterbhc Updated 

LABD is 3x SHORT BIOTECH ETF Notice the trend of higher highs and higher lows. Once the trend is broken watch for a target of the 4H MA200. Add this to your watchlist. Good Luck.

peterbhc Updated 

Notice I am looking for a Upper test and a Sign of Weakness to verify a distribution top. At this point I am watching this channel to further develop. Notice that 1D MA50 is acting as resistance and UPPER BB. I was expecting a pump (which occurred) and a dump (TBD). I'll update as I see more. Good Luck

peterbhc

A lot of lines on MATIC but this is my working chart and want to provide it to you. Wasn't thinking it would run all the way up here, but that trend was a target. ALL DOWN HERE FROM HERE! Good Luck

peterbhc

S&P500: Watching for the lower boundary of this megaphone to be reached over the next few trading days. I believe the bear rally has come to an end and will create lower lows very soon. Good Luck

peterbhc Updated 

ETH is showing Distribution on the lower time frames. Look for SHORTING opportunities after Upper Test has been achieved and rejected. setting alert at 1365 to watch for price action. Good Luck

peterbhc Updated 

MATIC is pushed to a higher high and hit resistance at 2 channels. Great time to Short it, this looks like a wave ii and ready to create new lows below $0.65 Overbought in smaller timeframes. Great opportunity here. Good Luck

peterbhc Updated 

Notice the WHITE Trendline, which is primarily driven by the 4H MA50, is holding down the S&P. I am watching for this line to maintain resistance until 3550 area, where we could see a mild bear rally, before the next decent. 4H RSI, MACD, & Squeeze all have room to go lower. Good Luck