TommieV

TommieV

These are just some fun lines, but the chance is bigger that this could happen! Would be most profitable and safe for traders

TommieV

I think there is a big chance for a long squeeze! Weak bounce of the 200Daily Ma and Daily upcoming support broken! It can go up, but this isn’t looking good for longs! 4h and daily RSI has a lot of space to go down deeper!

TommieV

Looks like a symmetrical triangle is forming on the 4h, we have tested near the top white line, I think we will go down towards the line below now, target for short scalp 9100-9125 I have opened a short at 9321 with a stop at 9361. I will swap to long when btc hit my target around 9100-9125. I think for short term btc is bullish and will break to the...

TommieV

We have broken true the first resistance haven’t mooned hard but we a climbing for me trend is change short term as the daily has created high lows, and now with this daily an higher high.. this doesn’t mean we are going to the moon. There is still a lot of ground to clear before we could see new all time highs, for a start we need to break 9.6k that is still my...

TommieV

Tested resistance should go back to support now, upcoming line must hold! Targets long 9500-9600 Target short 8900-8800 Only if one of the lines is broken! Maybe scalping a bid in this range.. Weekly close 9.6k could still be very bearish! I still think before we go up a lot more it should retrace to 8500 and test for support there

TommieV

We have broken bullish out of the old pattern(pink lines) We might see an uptrend coming.. Orange lines maybe a new patter.. We are seeing a few double bottoms on the 1h and a double bottom on the 4h and creating slightly higher lows.. Still need to wait until trends develops more.. Targets for a break up 9800-9900 Targets break down 8800-8850 This doesn’t...

TommieV

Btc broke out of the descending triangle!! Bulls might be fueled up to climb higher now! The pink line must hold as support for a start! I took a long position on the rejection between the 2 lines of support.. Took already profit and still in position for maybe some more uptime.. I might be adding more to my position but not sure, because there are still a lot...

TommieV

I am in position now shorted at this line, close stop as we might get up again, but looks like it is rejected again. We might see a big dump if we break below 9085, might be a upcoming support line.. If below red line I think we could go to 8900-8500 range, The pink line should be stronger because it is a longer term trend line.. But we could break up if...

TommieV

Looks like we are getting close to a break up or down.. I lean more to a descending triangle target could be a Bart down to 7.5k.. but if after this rip up I don’t see a move like this happening. It can happen if on the break down the 0.5fib will be broken.. also the 0.618 is near there from the 40% pump btc needs to stay above 8400! Bullflag can also happen but...

TommieV

This could be a descending triangle and we break down. But we have seen some hard buy backs and for now they didn’t broke te descending line.. I had lines of upcoming support but those broken down 2 times.. So for me this is more bearish then bullish until pink line gets broken! Also we can’t break the descending line on the RSI. Targets for short range...

TommieV

A big dump might happening very soon! Btc looks to be dropping down a rising wedge.. We see an bearish divergence on the 4h CME gal might want to be filled And bulls don’t look to be sub stainable.. Targets 8700-8500 8700 could be a safe target for the CME fills More safe to long 8500.. above old resistance should act as new support.. Also the 0.618fib...

TommieV

Old support is been hit again, if bulls can get above and hold there it would be great for them!! I shorted at this lvl because after this big move up I can not believe bulls can break above... we have had a wick above but I think that is because of liquidations There is a lot of buy pressure but it looks like we could be dumping from here.. Old weekly support...

TommieV

We have had an immense pump off 40% in 2days! This could be an indicator for some more uptrend.. To be honest I’ll stay a bid bearish still.. I’ll be waiting with entering a position until the trend further develops.. We need to have a close above the old ascending support line and hold above that to stay bullish.. For the bulls it would be great to close a...

TommieV Updated 

Btc could break down soon! Targets between 7k-6.5k If it bounces target could be at 7.6k to shake out 50MA 1h

TommieV

Eth is close of breaking up or down, if we break up target is not that high as the 50MA is closing in on the pattern, they might break it when they break up but overall market is bearish so I would open a small short here and stagger towards 164... Target for eth is 150 If eth breaks above 164 then target is between 168-170 Risk reward is better for the bears,...

TommieV

Looks like we are forming an uptrend now we are a bid longer in this range, it could be an ascending triangle as well Normally how you go into a zone that is the way you go out, so for me a bear flag is still very possible. But you have to look both ways so an ascending triangle is possible as well. Targets for ascending triangle is 7.7k Targets bear flag 7k or...

TommieV Updated 

Looks like btc is forming a descending triangle/bear flag safe target 7k and lower. Changed settings for fib lvls it is based on log scale now. We broke the 0.382fib around 7850. We could see the next pullback from the bulls towards the next fib 0.5 around 6600. But for now targets for the bear flag/descending triangle are between 7050and 6800. The red lines...

TommieV Updated 

We broke down below the 100MA weekly and below the support at 7700, we might wick back up but it seems to be going down more! On the 1h it looks like another down trend is forming, we haven’t touched lower yet to create a new higher low, but I think it could look like this. RSI in intra day look to be broken, bulls can’t push it back into neutral for now so...