peterbokma

peterbokma

The level is increasing by day for many months and weeks now. My previous write-up has not changed. In fact, when markets are overdone, they usually run a bit further. After all, we are looking at a medium-term short, and now we are breaking carefully the last high, which was USD 910 (rounded). we may see a spike above it, for the reason it usually does. The...

peterbokma

The daily chart currently shows NEW MOON, indicating a move lower in time. Further, the stochastic is negative, and we are at the top of a regression channel. Sell strategy @ 1.3800 current and stop loss 1.3888, or above 1.3900 (depends to your pocket), and profit objective 1.3600 handle.

peterbokma

Looking at the DAY-chart, it appears that we start to have good reasons to sell ETHUSD at current market levels. The RSI is 70.0 and we further have a NEW MOON, which is the concept of financial astronomy, indicating a decline may happen soon. The weekly-chart (for you to study) also show potential negative divergence, and suggests a much stronger decline is...

peterbokma

The market is still willing to bring the Bitcoin higher, however, there should be extreme caution now. The RSI is much lower currently compared to a previous registered high BTC USD on 12th April 2021, which is negative divergence in development. We are attempting to break beyond 67K, and if so, it will move above 70K. The most likely strategy is, to sell at...