Lockyer17

Lockyer17

Since crashing from 20k down to 17.5k #Btc starting to make higher lows on the 1HR time frame.

Lockyer17

#Btc making higher lows despite being in a range after the Crash from 20k down to 17.5k

Lockyer17

With the weekly RSI close to bottoming maybe we will see the bottom and a relief rally !!

Lockyer17

Looking at this fractual showing #BTC taking 14 weeks to find a bottom after the 64k ATH on the 12th April 2021 weekly candle. This weeks weekly candle closing today will be the 14th weekly candle since the last ATH at 69k was achieved meaning if #BTC repeats the fractual at todays weekly close then #BTC could have bottomed around 38k before going into the new...

Lockyer17

#BTC weekly candle closing above 44k will break the weekly descending trend line since November 2021 ATH .

Lockyer17

The weekly RSI is at 44 on the weekly chart at the moment and the last two ATH were achieved after the weekly RSI crossed above 50 .

Lockyer17

Looks like the RSI divergence on the 4H maybe playing out and only time will tell if BTC has found the bottom ? .

Lockyer17

Looks like the RSI divergence on the 4H may play out and only time will tell if BTC has reached a bottom ? .

Lockyer17

Looks like this 4H divergence on the RSI is playing out and maybe we have reached the bottom but only time will tell ? .

Lockyer17 Updated 

A very bearish triple top on the 4H chart could send BTC back to reload the rocket at a discount

Lockyer17

#BTC waiting for the inverted head & shoulder pattern to complete on the daily chart as we approach the 2020 halving

Lockyer17

As the chart shows #Bitcoin is outpacing all of the major competitors in 2020 including Gold the S&P and the DOW. #BITCOIN also proving to be a safe haven like Gold in an economic crisis.

Lockyer17

OK guys start your engines we have just had a bull cross on the monthly MACD