peterbhc

I am long at $21.05 Stop: $20.50looking for wave v to complete above previous high and +$26good luckmoved S/L to entry at $21.05looking to see if this A-B-C move is complete for a (ii) wave. if so, then i am looking for a (iii) of (v) of i to complete in the orange box.this area is looking good for a wave (ii) completion. might test the 50% retracement, but look for additional buy setups in this areasold positions at $23.45looking for a reentry above wave (i)Went the last leg without me.

I am watching for BTC to sweep below the previous lows and wick outside the channel. Then to run up to above $30K to complete wave (iii).Good Luckwick low below channel in progressi see nesting 1s & iis I am long at 26,671

BTC is forming nesting ones and twos - eventually all the threes and fives will complete and that will just provide BTC macro 1 of 5 counts.As these immediate threes begin to deliver, there should be some coiled up impulses happening quickly.wave ((iii)) looks about complete - couple more 3s to go.

If my EWT counts are correct, we should have a wave ((iv)) consolidation here to allow indicators to reset before advancing higher.Good LuckNotice the 50% retracement wicks. Good signal buyers are loading up at 27,000

I am watching for a channel breakout above $26,333 for impulse to advance high.I should see a TEST with volume in the near term, that shouldn't exceed today's low to confirm pattern.Good LuckPossible TESTBTC is at $26,333 now we watch to hold this level and advance in a Sign of Strength$27,700

Appears that this $25,000 range that was previous resistance is now acting as support. A trend of Higher highs and higher lows is forming.And hidden bullish divergence has printed.Good Luck

This is what I am watching for in the next 4H candles for BTC.Notice the RED lower highs and lower lows, forming a descending wedge. This needs to begin making higher lows and higher highs and break about that Purple wedge trend line and a new 2023 high. If not then BTC will keep carving out more lower highs and lower low. Notice the one Green high low, from my EW counts, this could be an area to reverse?Let's see what happens Good Luck.BTC is making a higher high and has breached the trendline. Let's see if a retest holds and makes a higher low to continue rising?could be the area of completion for wave ((ii)) - I am looking for some consolidation here and then move up

BTC 3 Day Golden Cross, 4 years apart BTC 3 Day MA 50 just signaled a cross over the 3 Day MA 100. Typically a very bullish indicator. Last one signaled almost exactly 4 years ago. Notice that the price did decline after crossing in 2019, so not always a short term bullish indicator. But see how the MA 100 acted as support for many weeks, so any pullback could be very minimal for BTC as it is sitting on that moving average now. Just pointing it out. Good Luck

ADA $0.30 support Notice the support/resistance flip ADA has shown at $0.30 Notice the daily upwards trendline. I believe ADA will breakout bullish above this consolidation period very soon. I believe the next impulse in ADA will have a minimum target of at least $0.47 Good Luck

BTC Bear Trap? I am watching for a test below the sign of weakness. I believe it will be an attempt to trap and bait shorts to complete the wyckoff distribution pattern. Wait for the confirmation of a retest to see if BTC will invalidate the pattern or continue descending. we will want to see buyers and volume to push the price higher to around 38-41K. I favor the bullish scenario and will look to buy the lower low in the 1H. Good Luck