peterbokma

peterbokma

The stochastic is negative daily chart, and we may see 1.6725-1.6750 area. The strategy is buying in that area for a move towards 1.7375. Stop-loss should be below 1.6625.

peterbokma

It's looks a perfect opportunity selling at 9.8200. Negative divergence, and high RSI both daily and weekly chart. The price action is above BB band as well as above the regression trend as well. I suspect return 8.1600 and lower medium-term.

peterbokma

My view earlier had wrong timing, but the overall view seems in tact. We have a clear inverted false bear flag on our weekly and daily chart. The lower end of the channel is around 1.6653 and the top 1.6930. The downtrend resistance line is protected somewhere above 1.7400. I suggest buying between 1.6700 and 1.6775 for a move to 1.7380. Stops can be placed...

peterbokma

Looking at Daily chart, and placing settings to % shows interesting development. Even though, I felt that 62k was medium-term selling area, and stop-loss 66k, I feel that we should re-sell now current 67k. The percentage movements observed, shows that previous BTC high had lower % level compared to current situation, and the decline was swift as well. I think...

peterbokma

We moved away from high $ 1,222 and current market close $ 1,162. there is no change to my medium-term view, and see $ 706 as a good possibility based on High RSI and negative stochastic. besides we are still above 1,127 BB band top. The experience tells us, that with such wide width of BB (between high and low) always seems to create corrective activity. Sell...

peterbokma

I can't become bullish on it at current levels. We got the NEW MOON phase, and further daily RSI is high. The Gann fan has more upside no doubt, but considering the weekly chart as well, we should be seller into the rallies. Strategy is sell current 4700 handle and take profit 10%-15%, i.e. somewhere 4250-4000.

peterbokma

This looks like a classic SELL strategy. we have high stochastic, and the channel seems well defined as well. Sell at current and stop above $ 240 and profit near $ 220.00

peterbokma Updated 

The BTCUSD seems looking tired represented by the topping patterns on the weekly chart. The key is $58k support area for the decline towards 36k regression channel support. the NEW MOON phase also indicates we may see lower in the weeks to come. Strategy is sell current 62K with a stop-loss at 66k. If it moves above 65.5k it will drift likely higher. The top...

peterbokma

Pfizer decline may be overdone, and we are below the regression channel support. If we view the RSI lows in the past (see red arrow), and you compare this to current, it might be a buy opportunity. DARK MOON phase also indicates we may see a move upwards once again. Buy current with stop-loss 5% of share price, and take profit when a profit objective of 10% is...

peterbokma

Elon Mask is doing a poll on twitter, whether he should sell his 10% stock in TSLA for tax purposes. Seems good timing for him, RSI 85.0 above and similarly on weekly charts. The Stochastic is negative, and we have NEW MOON phase, suggesting SELLING at current $ 1,222 or lower, is the way to go. I feel we move lower by 25% in coming month towards $800.00 and...

peterbokma

We declined nicely from the previous sell strategy suggestion above 1.3800. Now we are on the other side of the fence. The regression channel has support 1.3378, and further the momentum and stochastics are showing we are near the end of the decline. Buy current 1.3430 area with stop 1.3350.

peterbokma

Unchanged view SELL strategy. Remain sell into rally strategy in small increments. However, stop has moved to above $ 4,855. We are in NEW MOON Phase and this is a warning for a future decline. Further, we are within a nice up-trending regression channel, and it's top is $ 4,855. Profit area is the bottom of the channel currently slightly below $ 3,000.

peterbokma

Looking at the Money Flow Index and STOCHS, one starts getting the feel that we may see a decline in the near future. The suggested strategy is sell current price 4,613 and take profit 4,448. this is the lower boundary of the fIB Fan channel. The RSI is overbought, but not extreme as a note.

peterbokma

I am changing my view point. The previously noted inverted SHS does not look at healthy as I would wish for. Further, measuring the weekly BB width , it feels we have reached the maximum width for it at current market levels. The candle sticks are forming TOP signals, and for that reasons I am not keen buyer anymore. Strategy is SELL below $ 65 k for a profit...

peterbokma

The USDCAD still my favorite BUY strategy. We got a regression channel with support 1.2314, and a BB support under 1.2260. RSI neutral and MACD positive. It is my suggestion to buy USDCAD between 1.2327 - 1.2376 (current) and take profit at the mid-level of the regression channel 1.2657. OIL is overbought, and any correction there would make USDCAD move...

peterbokma

The ETHUSD is interesting chart. The negative divergence seems clear on the chart. We have lower RSI and higher price action then previous period of high RSI and price. The regression channel has shown that ETHUSD move well within this channel. The strategy is suggested: sell between $ 4,300 - $ 4,500 with stop above $ 4,800 and take profit at lower channel boundary.

peterbokma

As mentioned before on a two occasions, room to the upside existed. My preferred view and still is, the stock is way over done. The Daily RSI 93.0 and weekly one is 83.0. The last time we had such levels, the correction was 50%. The current state is not an exception to that rule. We will see a large decline to correct this strong upward move, as it's to steep and...

peterbokma

The USDZAR always one of my favorites. It behaves well within boundary. Current short-term strategy is a SELL at 15.45-15.50 area. This would show a slightly higher RSI at that point in time. The objective of the trade will be 15.03 and 14.46. Best is to take profit 15.03 and re-sell in rally for the move towards the lower channel. Set stop-loss at 15.89, but...