peterbhc

peterbhc

SOL is at major trend resistance. Once that is clear upper level of channel is the target. (I placed an UPPER level of $63, in the event SOL summer repeats) 4H RSI held 50% and MACD is ready for more. I entered long at $42.50 w/ S/L at $41 Good Luck

peterbhc Updated 

Will the second attempt flip to support once that quickly? Rarely does strong support flip after 1 touch. This may head lower before another retest. Something like that path, or way down? Not sure yet. Good Luck

peterbhc Updated 

ETH has not made a 4H higher push and the last large candle did not close above 1787. Watch for ETH to run to bottom of 4H BB near/at support of wedge. Look for support also at 50% retracement or MA 50. Give time for RSI, MACD to recover - SQUEEZE will also roll over. Good Luck

peterbhc Updated 

Look for MATIC to pull back to the orange box. I have a target of $0.80 down to $0.73 Entered: $0.975 Stop Loss: $1 Good Luck

peterbhc Updated 

Once ADA clears that white resistance line around $0.545 we should expect high volume and a price surge. 1H RSI supported at mid range. I entered this trade at 0.517 Targets: $0.57 $0.60 I believe ADA will finally wake up. Vasil hard fork may be delayed and take some dominance from ETH (but we will see)

peterbhc Updated 

can't post 3min chart but it looks like top is forming. UTAD currently. Good Luck

peterbhc Updated 

Notice the selling wicks above 1730. Price is being kept from advancing. To continue bullish advance a 4H candle needs to close above the gravestone doji height at 1785, or even 1800. The spinning top indicates indecision (a good signal to close positions and take profits) The gravestone doji at the top of an uptrend can indicate a reversal is coming. 4H...

peterbhc Updated 

ETH is attempting to find support below: - in bull flag - at previous resistance at 1650-1666 turned support - on the 1H MA50 - above 0.618 fib IF that is lost, there will be a large decline in crypto today. So be careful. Good Luck

peterbhc

Let's see if this resistance ends ETH power move for a handle formation over the next few days/weeks. I do think this is the local top for ETH. No sure it will break thru resistance on the first attempt (but I could be wrong). Good Luck

peterbhc Updated 

Be mindful that after multiple days this divergence continues to occur with price and RSI. May be a test lower soon? Be careful with longs and move stop loss accordingly. Good Luck

peterbhc Updated 

Many items listed on this chart show bullish direction. My target is above the 200MA up to completing the inverse head and shoulders pattern: $1.18 - $1.30 Need to confirm exit of Bull Flag. Daily close above would initiate exit. Send IT and Good Luck

peterbhc

Notice the trendline that stopped momentum at 23000. Possible squeezing down the trendline until RSI is ready to advance. Good Luck

peterbhc

SOL has exited from a parallel channel and stopped by 1H 200MA. Watch for a return to the $37 range to confirm channel exit over the next few hours. 50% retracement wasn't captured, that is why the retest needs to be validated. Good Luck

peterbhc

Let's see if the test is occuring now. This should then progress to retest 21,600. Then we will have to see what happens there. Good Luck

peterbhc Updated 

MATIC is consolidating in a triangle after making lower highs. Monitor for a breakdown of the triangle support. 1 hour candle close below support and a retest rejection should indicate lower levels. Short Targets are: $0.75 (50% retrace from recent low to high) if further breakdown... $0.71 $0.65 Good Luck

peterbhc Updated 

UVXY is near major support. Be mindful of daily and weekly candle close: IF below the blue support line, more gains can be seen with stocks. IF above the blue support line, Recession news and FOMC meeting - there could be a market dump and UVXY Rally to big highs! Good Luck

peterbhc Updated 

ETH is forming a head and shoulder pattern. Watch neckline (1500) for support or resistance. If neckline fails, 1270 - 1300 is the target. Good Luck

peterbhc Updated 

ETHBTC has been tracking very closely the Wyckoff Distribution Schematic. Notice that UTAD is the highest level, if that is not surpassed, their could be a dominance drop in ETH. What could cause this ETH dominance drop? Well BTC would either have to pump hard or dump hard to complete the distribution pattern. Be mindful on ETH trades if ETHBTC begin to peak...