peterbhc

peterbhc

ATOM is trading in a Cup & Handle Pattern. Watch for handle to form with breakout target of RED trend line

peterbhc

Watch for confirmation of Right Shoulder to form. Then we should see a breakout

peterbhc

CWRK found resistance at previous ATH. If CWRK and quickly reclaim previous support line PURPLE, then the BLUE trend is the target. Perhaps +$7 CWRK has done multiple days of positive gains and MACD hasn't crossed yet 😎 This one is looking like a strong run up. Be quick to take profits, as it falls quickly and creates a triangle PEAK decent. Good Luck

peterbhc

Voyager will find resistance at each previous ATH (WHITE lines) and can appear to ladder climb higher. With the increased volume in Voyager recently, I could see it reclaiming it's previous parallel channel rather quickly. Once MACD crosses, that should fuel a rally. I placed a target at $40 on the upper BLUE trend line. (Obviously if it hits sooner consider...

peterbhc

HUT 8 has been in a Bull Flag. Watch for breakout with resistance at previous support PURPLE trend line. Bitcoin price directly influences HUTMF but watch for target in the coming weeks at or above ATH. (The upper trend line may be a location to take profits too) MACD crossing will engage more market buyers and should have a strong trading day when that happens...

peterbhc Updated 

Watch for breakout below triangle, with back test and rejection

peterbhc

New RED support line has been formed. Watch for resistance at the PURPLE trend line. If bounces down and reaches RED support line and it fails - watch for Head & Shoulders and more downside. Good Luck

peterbhc

Still waiting for breakout... 😉 When RIOT does launch target is BLUE trend line. Will Bitcoin finish downtrend over the weekend? Good Luck

peterbhc

Obviously MARA is completely dependent on the price of Bitcoin. However, Look at all the touches and support on this trend line. It is also the very strong 50% retracement Fib level. Trading MARA is like trading DeFi in the stock Market - it is volatile! I believe this is the bottom and I added more MARA. 🚀 Will BTC test 45.3? a critical 50% Fib retracement...

peterbhc

Watch for formation of IHS to complete on 15M. Short term trade target is 53.3 = $1T Market Cap area. Good Luck

peterbhc Updated 

I sure do not want to test this theory but go ahead sell you coin and chum the water. Appears the $1T Market Cap level has some aggressive buyers (or bots) that will not let that level fail. There should be a back test on the TRIANGLE, if it rejects - we get to see what happens when we go back to the $53.3K level 😯 I believe it holds.

peterbhc

The breakout did not happen and ALYI lost the RED support line. ALYI has both indicators under the cloud on 1D candle. This is not a good signal and confirms bearish trend will continue. To mitigate risk, do not enter until both indicators close 1D candle above the cloud. Good luck

peterbhc

BBKCF has broken out of the YELLOW descending trend line. Is it time to get back in? MACD on higher time frames are all about to cross and signal upward momentum 💪 As soon as BTC rips... BBKCF will be a beast and should target the new GREEN upper trend line... and perhaps blue sky price discovery territory 🚀 Good Luck, Let's see what happens

peterbhc

RIOT broke out above this ugly trend line all crypto miners and BTC have been in these last few days. Look for resistance at the next descending trendline. Once that is broken, RIOT should have clear sky for BLUE upper trend line. BTC has a large contribution to provide.

peterbhc

CAN had some exciting news with new contract of 11,760 Bitcoin Miners As long as we close 1D today above the RED trend line, and with MACD ready to cross... This could be the signal we have been waiting for. 😎 IF BTC is done dropping and sellers lose strength, CAN should soar from here. Let's see what happens, be patient and ready.

peterbhc

Watch for MACD to cross - but as long as BTC/ETH climbs VYGVF should rise up. Look for resistance at the WHITE previous ATH levels. VYGVY must get above the cloud and close 1D up there for continued upward pressure. Good Luck - is today a dead cat bounce or is the bottom finally in?

peterbhc Updated 

MARA has held support at this long term trend RED support line. There will be some levels of resistance along the way up (YELLOW) As Long as BTC is advancing MARA should be done recovering. If RED line fails - more downside pressure will continue This RED trend support line has held for months

peterbhc

1H shows hidden bullish divergence and W pattern. Let's see if we get a back test on the YELLOW descending support line with an advance later today.