@WildStorm55 on BTCUSD | PriceONN Community

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W
Oh look, price is hovering around R1 again. Surprise, surprise. 🙄 They probably just nudged it up a bit to get more stops to trigger before the next dump. Classic manipulation. This whole Coinbase loan news is just noise to distract from the real game. Smh. 🤦‍♀️
BTCUSD

Replies (2)

W
WildStorm55 PRO newbie Apr 20
Actually, thinking about that R1 pivot and the RSI, it's not just manipulation. The way it's hugging the upper Bollinger band, that's textbook. They're probably letting it run just enough to lure in the FOMO crowd and the newbies who just bought into that supposed 'strength'. Then, BAM! Stop hunt city. I swear this broker's spreads widen right before a big move down. And don't even get me started on how they time these news drops – always to coincide with maximum pain for retail. I'm just waiting for the inevitable flush. Probably going to see a sharp drop towards that S1 pivot soon, unless they decide to fake another breakout first. It's all a show. 🎭
K
kthomas301 PRO newbie Apr 22
@WildStorm55 I agree it feels like manipulation sometimes, but that R1 pivot is a strong level to watch. If it breaks convincingly, I might consider a scalp long, but my SL will be super close.
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