peterbhc

peterbhc Updated 

MATIC has been supported in the orange band. There may be one last push high if the 50MA is breached (also the 1D mid BB) at $0.86 IF that occurs, MATIC could push to $1. Where I will enter a SHORT. Near the upper BB and 200MA. Good Luck.

peterbhc Updated 

S&P is at resistance. Notice many indicators are elevated and the RSI is overbought. I am anticipating a pull back to the 50% area, which may coincide with the lower parallel channel and lower BB. Then if that holds, more bullish upside, if it fails, then new lower lows to be discovered. Good Luck

peterbhc Updated 

Watch for a sign of strength to establish above 1520. ETH should not test below 1487 during this accumulation phase. I am anticipating a move up for a wave 2 counter trend (wave 1 complete at 1469). I am long ETH at this level. Good Luck

peterbhc Updated 

if ETH moves to UTAD and sells off, ETH should test low again. Watch this UTAD level for confirmation to SHORT with a rejection. any point under SOW indicates lower levels also. Good Luck

peterbhc Updated 

ETH is looking to break this downtrend YELLOW line. 4H Squeeze has finally began to round it back up. Looking for a push higher to around $1700. Still in a downtrend. so watch to short up there. Good Luck

peterbhc Updated 

I am overall SHORT; however, accumulation appears to be prepping for the next quick impulse. IF 24,300 is conquered, BTC will hit the upper lines shown above between 25,200 and 25,300. Then I expect a large draw down (maybe after a short squeeze) Good Luck

peterbhc

watch for a retest a little higher, perhaps a squeeze to grab the early shorts? (Maybe near 22400 as last point of supply) but after that, I expect a steady decline to 22000 and then if lost back to 20000. Good Luck

peterbhc

BTC.D goes up primarily for 2 reasons. 1) BTC pricing is exploding 2) BTC price is dumping (and all ALTS are melting) I believe a BTC price dump is coming. Good Luck

peterbhc

BTC needs to close a daily candle above 25000 above the cloud to continue bullish momentum. It was rejected at the test earlier. Good Luck

peterbhc

The lagging line on ETH must have a daily candle close breakout above the cloud to confirm more bullish action. The lagging line breakout should also line up with the wedge bullish breakout. Both are at resistance. If daily cannot hold it, ETH should head lower Good Luck

peterbhc Updated 

BTC is testing support at 4H MA50 after falling under trend support. Watch 4H candle close, if under trendline after this retest and it cannot get back in, expect support at the 4H 200 MA and then the neckline around 20700. If the neckline fails to support then 19s will be the next catch. Good Luck

peterbhc Updated 

ETH failed to hold 50% retracement of previous low to high at 1750. This brought ETH to the lower support of the rising wedge. ETH needs to flip support at 1730 (YELLOW trendline) then conquer (1750 50%) retracement to remain bullish. I am expecting the wedge to fail, and upon retest of entry, will reject. That will be the short/sell signal. Good Luck

peterbhc

I am expecting an Up Thrust in distribution. Then looking to open short. Near the circles in this range $24,200 - $24,500 Good Luck

peterbhc Updated 

BTC appears to be forming another distribution pattern. Upper Test usually hits above the buying climax, so we could still see that push higher as a bull trap. That Orange Trendline will provide resistance. appears a Whale tried to stimulate the boring trading this morning by dumping but quickly bought back in at the 0.618 - might try to dump it again so watch...

peterbhc

As we know, ETH is encountering resistance at 1750. That level needs to break with a 4H candle close above. If not, the wedge will be retested around 1600 volume support. if that level fails with a failed retest wedge entry... then 1200 will be the next support. Notice the volume gap created from this recent impulse (low to high). ETH must clear 1750 for more...

peterbhc Updated 

Let's see if this is ACCUMULATION for BTC. So far matching up. Good Luck

peterbhc Updated 

MATIC is holding support at 0.93 which is the daily 0.236 fib retracement from recent high to low. Touched and help support on 4H lower Bollinger band Once that yellow trendline is clear, MATIC should see another quick test to $1. Then the show begins... S/R flip of $1 will propel MATIC to $1.18 quickly with my main target of $1.30 Good Luck

peterbhc Updated 

BTC may not go any lower as it held and tested the 0.618. SHORTS may be targeted for a squeeze. Be careful but BTC may go up. Good Luck