Cryptologist

Novice Crypto trader learning more every day. Hodling $chz until 🌙

[Cryptologist @Cryptologistt]

$PEAQ After numerous retests at the $0.60 resistance area, we've finally broken through again. For the time being, $0.70 is naturally acting as firm resistance, with the ath at about $0.76 looming just above. However, with this much momentum building, I expect a retest of it soon

[Cryptologist @Cryptologistt]

$PEAQ Good movement over the last 2 days since the breakout of the falling wedge. $0.58 is acting as the strong resistance area for the time being, but I'd imagine a retest above around $0.60 is on the way soon. The key will be flipping $0.55 to support. Let's see if we bounce.

[Cryptologist @Cryptologistt]

$PEAQ Good movement over the last 2 days since the breakout of the falling wedge. $0.58 is acting as the strong resistance area for the time being, but I'd imagine a retest above around $0.60 is on the way soon. The key will be flipping $0.55 to support. Let's see if we bounce.

[Cryptologist @Cryptologistt]

$PEAQ A confirmed breakout of the falling wedge on the 4H, though we'll need to wait until daily close for true confirmation. I think things look good here, though. Expect some resistance at the round number resistance area around $0.55, but I expect a retest of $0.60 soon.

[Cryptologist @Cryptologistt]

$PEAQ A confirmed breakout of the falling wedge on the 4H, though we'll need to wait until daily close for true confirmation. I think things look good here, though. Expect some resistance at the round number resistance area around $0.55, but I expect a retest of $0.60 soon.

[Cryptologist @Cryptologistt]

$CHZ has surprisingly been showing a lot of strength over the last few days as the market looks to adjust after its rapid decline over the last week or so. Like many others, a falling wedge can be clearly seen, but after a couple retests, it looks like we could have our breakout.

[Cryptologist @Cryptologistt]

$PEAQ Where one pattern is invalidated, another takes its place. With the continuation of this downwards trend, and the bounce right around $0.46 again, a clear falling wedge has taken the place of what would have otherwise been an inverse h+s. Per the usual, a breakout = 🚀

[Cryptologist @Cryptologistt]

$PEAQ While the unfavorable market conditions have continued to push things down even further, $PEAQ has managed to firmly hold the $0.50 support area, which is a huge sign of strength. On the 4H I see this clear inverse head and shoulders setup ready to play out. Let's see.

[Cryptologist @Cryptologistt]

$PEAQ While the unfavorable market conditions have continued to push things down even further, $PEAQ has managed to firmly hold the $0.50 support area, which is a huge sign of strength. On the 4H I see this clear inverse head and shoulders setup ready to play out. Let's see.

[Cryptologist @Cryptologistt]

$PEAQ Update on the double bottom setup: Next 4H close is in less than an hour, which should confirm reclaiming $0.55. From here, though, not too much further to go until we reach the neckline and major resistance area at around $0.60. Let's see how much strength this push has.

[Cryptologist @Cryptologistt]

$PEAQ As we push towards reclaiming $0.55 and potentially seeing this double bottom setup play out, it's important to remember that we will ONLY have confirmation of this pattern upon a breakout above the neckline, which in this case, would be $0.60. Long way to go, but let's see

[Cryptologist @Cryptologistt]

$PEAQ As we push towards reclaiming $0.55 and potentially seeing this double bottom setup play out, it's important to remember that we will ONLY have confirmation of this pattern upon a breakout above the neckline, which in this case, would be $0.60. Long way to go, but let's see

[Cryptologist @Cryptologistt]

$PEAQ Slightly adjusted for a more accurate reflection of the recent price action, but the idea for the double bottom still stands, and seems to be playing out nicely. 4Hr is flipping bullish bullish again, which is good, but the key will be reclaiming $0.55. Once done, $0.60.

[Cryptologist @Cryptologistt]

$PEAQ Slightly adjusted for a more accurate reflection of the recent price action, but the idea for the double bottom still stands, and seems to be playing out nicely. 4Hr is flipping bullish bullish again, which is good, but the key will be reclaiming $0.55. Once done, $0.60.

[Cryptologist @Cryptologistt]

$PEAQ So far so good on the double bottom potentially playing out. Certainly a good show of strength with this bounce, as is, off the $0.50 support. However, for real confirmation, we will need to reach $0.60 again and then blow past it. Long way to go, but good start. Let's see.

[Cryptologist @Cryptologistt]

$PEAQ So far so good on the double bottom potentially playing out. Certainly a good show of strength with this bounce, as is, off the $0.50 support. However, for real confirmation, we will need to reach $0.60 again and then blow past it. Long way to go, but good start. Let's see.

[Cryptologist @Cryptologistt]

$PEAQ is currently testing out the support at $0.50. It has held strong up until this point, so we shall see how it fares this time around. I still think this is a perfect example of a classic double bottom setup, but it's possible we go much lower from here, maybe $0.40 or so.

[Cryptologist @Cryptologistt]

$PEAQ is currently testing out the support at $0.50. It has held strong up until this point, so we shall see how it fares this time around. I still think this is a perfect example of a classic double bottom setup, but it's possible we go much lower from here, maybe $0.40 or so.

[Cryptologist @Cryptologistt]

$PEAQ Ultimately, the natural ascending triangle has broken to the downside, which, for the time being, may invalidate the current uptrend we've been in. However, I do foresee a perfect opportunity for a classic double bottom to play out here at the $0.50 support. Let's see.

[Cryptologist @Cryptologistt]

@skippyriddles Personally, I don't think it's defined enough to truly be a head and shoulders pattern, however, it is possible that we see price play out as if it is one. We'll know pretty soon. If it drops down to $0.50 or below without it just being a wick, then we'll keep going down.

[Cryptologist @Cryptologistt]

$PEAQ Ultimately, the natural ascending triangle has broken to the downside, which, for the time being, may invalidate the current uptrend we've been in. However, I do foresee a perfect opportunity for a classic double bottom to play out here at the $0.50 support. Let's see.

[Cryptologist @Cryptologistt]

$PEAQ Trend line is still being respected with that 4H close just above it. This close has further confirmed the natural ascending triangle that has formed here under the $0.60 resistance, though on lower time frames, the 1H 200 EMA looms above as resistance at $0.58.

[Cryptologist @Cryptologistt]

@kamzy_r @kortex88 Unfortunately, yes. Will post an updated chart after daily close.

[Cryptologist @Cryptologistt]

$PEAQ Trend line is still being respected with that 4H close just above it. This close has further confirmed the natural ascending triangle that has formed here under the $0.60 resistance, though on lower time frames, the 1H 200 EMA looms above as resistance at $0.58.

[Cryptologist @Cryptologistt]

$PEAQ must stay above this pink line, otherwise it will likely indicate a trend reversal for the time being. It has been firmly pinned below the $0.60 resistance level for a couple days now, creating a natural ascending triangle. A breakout above would be a big show of stength.

[Cryptologist @Cryptologistt]

@kortex88 $PEAQ Bullish sentiment due to support continuing to hold, but really it's more in-between. We'll know once this ascending triangle plays out all the way. A breakout to the upside would be bullish. A breakdown would be bearish. Sideways would make it remain in-between.

[Cryptologist @Cryptologistt]

$CHZ continues to be rejected at every opportunity when trying to breakout above the yellow line. Given today's overall bearish sentiment as is, it's possible that we see a small retrace back down to support around $0.102.

[Cryptologist @Cryptologistt]

$PEAQ must stay above this pink line, otherwise it will likely indicate a trend reversal for the time being. It has been firmly pinned below the $0.60 resistance level for a couple days now, creating a natural ascending triangle. A breakout above would be a big show of stength.

[Cryptologist @Cryptologistt]

@tayshkel @binance I do think a major listing like that would at least have us wick over a dollar pretty quickly but I don’t think we’d stabilize with $1 as support just yet unless we went way past it towards $2 or something.

[Cryptologist @Cryptologistt]

$PEAQ A breakout of the falling wedge is confirmed now, and it seems as if we've got a higher low after the run back up towards $0.60 and the fall back down to about $0.55. A higher high above that $0.60 area will signal a trend reversal, perhaps ending this accumulation phase.

[Cryptologist @Cryptologistt]

In the midst of overall bearish price action in the market over the last few days, $PEAQ has been in a healthy correction given it's strong upwards price action going against the grain. A falling wedge has brought it down to about $0.5, but we may be breaking out here.

[Cryptologist @Cryptologistt]

@kamzy_r I do not, but will be pleasantly surprised if it does. I think that the $0.90 area will act as VERY firm resistance, just like $0.75 is currently, and I foresee a week or so of accumulation/correction, potentially back down to $0.60, before we make the push to $1+ territory.