peterbhc

peterbhc Updated 

Notice the areas of resistance on the SPY. I believe we will see the gap fill today and continue the descent. daily candle closed under 200MA after testing it and below trend resistance. The candle stick indicates a bearish reversal is soon. ES1 fell out of rising wedge in premarket too. Good Luck

peterbhc Updated 

I am anticipating a wick up above 4000 as resistance approaches. ES1 is forming a distribution top and appears that this upper test may come very soon and complete the pattern. Afterwards I expect a bearish reversal to lower levels. Good Luck

peterbhc Updated 

Wave 1 looks to be completing. I have set my S/L to $6 and will move it up as the day progress (if possible). I am expecting a correctional wave 2 to around 50% before the next large impulse up. Good Luck

peterbhc

Notice the price is at trend resistance and just under the daily cloud with an over extended RSI. I do believe that a pull back will be seen from this level. Careful of any Bull Traps followed buy a price dump. Good Luck

peterbhc

SOL appears to be in a local range top formation. As long as $16.90 is not breached, I am expecting a test of the resistance level of $15 in the short term. If $15 doesn't flip to support, watch for 15min MA200 for support. Good Luck

peterbhc Updated 

Will MARA turn around here and begin to climb? Looking at the price structure $5.26 has been a pivot price range. Depending on the daily close above $5.26, I expect MARA to perform a double bottom for 2022. Good Luck

peterbhc Updated 

I am watching this area for accumulation and the price to run back up to +$0.30 I also am expecting a bullish crypto weekend that may continue into early next week, we will see. Good Luck

peterbhc Updated 

BTC.D is at a very elevated 4H RSI and has not been this high since September 2022. Depending if support/resistance flip occurs here at 41 we could see 2 different scenarios: 1) BTC price still has lower to go and ALTs respectively will feel the pain and BTC dominance rise 2) BTC dominance begins to reject here and descend, allowing ALT prices to establish a...

peterbhc Updated 

SOL could close above the 4H MA 200 for the first time in a long time. (Watch this candle close) Then there is a possible trendline break out. If both of those occur watch for a run to $15 and a target of $16. Good Luck

peterbhc Updated 

As you can see the 4H MA50 will act as support for BTC to consolidate in Accumulation. I see BTC moving to test the previous annual low around $17,600 and consolidate more. Ultimately I see BTC breaking above YELLOW TREND and testing the automatic rally area and previous support at 18,200. Then we will see what transpires. Good Luck

peterbhc Updated 

ETH has made it to the MACRO trendline. Notice the proximity of the 1D MA50 and MA200 - If trend is broken a bullish cross could signal. Will trend reject for the 5th time? We will know soon enough. Good Luck

peterbhc

FTM is at trend resistance again for the 6th time and it looks ready to breakout after a bull flag consolidation. I am looking at a move to $0.33 Good Luck

peterbhc Updated 

I am watching this trade with APE. I have an alert at 4.07 and will see if breakout and confirmation occurs. Notice the bullish flag pattern as the trendline holds sell orders and the 1H moving averages are consolidating higher. With breakout I have targets of $5.25 and $6 Good Luck

peterbhc

Notice NEAR price and RSI are close to breakout on 1H Once NEAR price exceeds 1H MA200 and trend resistance, price could have an impulsive move. I have an alert set at $1.73 and will monitor confirmation of breakout profit targets are $1.83 and $2 Good Luck

peterbhc Updated 

I am expecting MARA to head down to lower trend support or wick below to create new lows for the year. I have placed GREEN lines for great targets to LONG. I do expect BTC to descend also. Good Luck

peterbhc Updated 

Total almost hit $1T today. Maybe one more attempt? I do not see total overcoming the descending trendline at this time and closing a daily above $1T. Perhaps another low to support between the $600-$700B range to complete C and Accumulation Test/Spring before the next breakout and bull run. Good Luck

peterbhc Updated 

Spring and Test look completed, I am expecting a rally to $13 for SOL. Good Luck.

peterbhc Updated 

This BTC move was expected and was generated by a SHORT Squeeze. It is FAKE. BTC will remain up here long enough to TRAP LONGS and then whales will throw this down to breach and create new lows for the year. I expect the BTC bottom to be somewhere in the orange box. I personally like the 15k area. Good Luck