ScarNeck71

ScarNeck71

QKCBTC broke out Bullish of the Falling Wedge. Possible sell at the Bearish Divergence, which is mentioned in the chart Now occurs a new possible bullish break above the S/R line at 908sats

ScarNeck71

After a good pump, QKCBTC is retracing. It looks like it is forming a Falling Wedge Stoch is nearing 0 and RSI can go a bit lower, before the potential breakout

ScarNeck71 Updated 

Rectangle is T1 The black lines are the weekly support/resistances

ScarNeck71

Trade closed, T1 hit with a wick

ScarNeck71

Bullish Divergence appeared and a higher low after that on the 4H The weekly resistance is in the 1400 sats area, so 1200-1220 sats would be a nice entry

ScarNeck71

I compared the charts of BTC and Silver who seem to have the same structure. The Silver pattern is in weeks and the BTC pattern in days. I have been following this chart for a while, but only when BTC broke below 5.8k I believed this is a similar pattern. When you are interested in what could happen in the future, let me know and i will post that

ScarNeck71

The first Falling Wedge failed, but formed a new Falling Wedge. The second Falling Wedge broke out nicely

ScarNeck71

OMGBTC is moving in a nice channel and now forming a Falling Wedge. Maybe a little lower to 335 sats and then the breakout above the FW