Bob_Cartel

Bob_Cartel Updated 

BTC is breaking the upper channel will it hold and make a continuation?

Bob_Cartel

Daily low and high Pivots with resistance major resistance above 8234 gives a good probability of a failure and retrace to 7395 (HIgh Daily Pivot) if 7903 doesn't hold as recent pivot. If 7395 breaks then we should pivot on 6979. Then long up to 8234 and if BTC can punch thru this time very little resistance is above the Major Resistance marked out on the chart....

Bob_Cartel Updated 

BTC price is being manipulated so I think the following will happen There has been a lot of BTC collected on the HVN's as posted earlier. I believe we go up to sell off before going back down to @2500.00 area to buy that HVN up. Then the price is run up again to either sell off higher or to moon. What do you all think??

Bob_Cartel

On the 1 day chart you can see in the past when this candle structure was form (Square Boxes) Bitcoin went up! So if this is an indicator of current candle structure (Square Box) Bitcoin has a high probability of breaking out up!

Bob_Cartel

The idea is in the chart. I think I am going to wait for the cheapest HVN.....what are you going to do?

Bob_Cartel

COINBASE:BTCUSD