peterbhc

peterbhc

Look for support at the bottom of the YELLOW triangle support line during the next few hours while MACD runs lower. If support holds could be a short term trade up to around $2 Good Luck

peterbhc

Between the fibs 0.236 and 0.382 is a very strong resistance and support. RSI has room to climb but I bet it bounces down at $100 Let's see where the resistance is encountered, but we could see some ranging before inverse head and shoulder is locked in and we see +$180 or even ATH Good Luck

peterbhc Updated 

Keep your eye on USO 1D MACD indicates either direction can occur in the short term. Energy sector has potential to pump in June. RSI also has room to run higher. If there is consolidation it should find support on the WHITE support line $50 appears to be in play but PT is the BLUE upper trend line. Rising wedges are bearish once broken, USO still appears to...

peterbhc

RSI and MACD on 1D still have room to rise. If a break above Mid line that should act as support for a cool down until ready to hit upper level of pitchfork Good Luck

peterbhc Updated 

This may have a few more days of gains. Notice the MACD BLUE line still hasn't curled to begin cross under YELLOW signal line. RSI still has potential to climb a little higher until it is in high oversold territory. 1D candle is above the Bollinger Band so be careful. I like the 0.818 fib and BLUE upper trend line a close - I believe that is a short term...

peterbhc Updated 

FCX may touch the upper channel line of the pitchfork. It is already outside the Bollinger Band on the 1D. MACD has not yet curled back down. RSI is overbought, but may have a little higher to go. (It is showing Bearish Divergence) Pivot points: 1st Resistance = $45.01, 2nd = $46.05, 3rd = $47.60 Watch for entry around YELLOW RSI level. Good Luck

peterbhc

DOT is following many other cyrptos: 1H MA 50/200 cross, descending resistance breakout, IHS

peterbhc

Wait for descending trend line to break and the 1H MA 50/200 Cross to occur. Also IHS formation can connect this to $0.10 GREEN line on fib Good Luck

peterbhc Updated 

Look for resistance along the WHITE resistance lines and on the BLUE upper trend line. $3.37 is available as the PT at the 1.272 fib. Wait for indicators to cool off and give an entry... if it lets you in Good Luck

peterbhc Updated 

If RAMP closes above the YELLOW descending major trend line the next resistance point is at $0.29 and then $0.38

peterbhc

Triangle formation on the 1H. WHITE line to catch the IHS pattern around 35 and load bags. PURPLE is major Trend where 40 resistance can occur if upwards breakout. Let's see which way this goes Good Luck

peterbhc

QTUM has broken the descending trend line. Like many other cyptos an IHS may form. Be ready for the WHITE trend line to be validated for entry. Profit targets will be previous resistance zones. Good Luck

peterbhc

MARA is holding the $20 barrier even through all the big BTC corrections over the last few days. 😎 Will this support finally be enough to give another run for MARA? BTC level to watch: 42 - if rejected that could make a very massive BTC trend Head and shoulders and could throw BTC to 20 or even high teens. Tesla and BTC Miners in North America may have some...

peterbhc

Another Descending triangle Chance for an upward trade with PT at $2160 (RED major Support line and MBB) as temporary indicators show RSI oversold with MACD low. But still large down trend. 2nd pivot support at $1797 3rd pivot support at $1341 Good Luck

peterbhc

1H ETH is near the bottom of BB and has potential to rise out of the resistance descending line. Could go both directions but IMO ETH will have a positive climb to the next fib at 2450 and back test the exit. Once validation is supported, ETH could test between 2650-2700 Good Luck

peterbhc Updated 

Very similar to BTC - ETH is at a critical level. IF ETH cannot breakout the MACD will start to trend down and more downside pressure will appear. If the market appears in strong phase this morning, then that should help push ETH thru this resistance level. Good Luck

peterbhc Updated 

SPY is in a descending channel and must break thru and retest and create a higher high. I added some Ladder steps as SPY begins it's decent. Look for bounces at each previous resistance/support trend lines. Hope can be found in the 1D MACD; however, the blue line has not yet curled. While the RSI is still above 50, it can still go either way. Good Luck

peterbhc Updated 

Expect a lot of resistance for BTC to reclaim and create a higher high and then hold a higher low. We could see at every higher level, increased selling to 'cut loss'. BTC needs to get above that major PURPLE support trend line, and fib level (around 42.6) to advance higher and then not lose the gained level by finding support against it. If BTC doesn't get...