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Bitcoin next stop $3160 and good channel to keep an eye on

Oleh ltc-joe
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Just broke out of the most recent continuation pattern (can seem my last update to the linked chart). Weekly candle should be real strong after that nice wick.
Nota
Pretty nasty bear div here on the daily...could see $2400-$2500 before going higher:
syot kilat
Nota
Looks like that drop to $2600 may have been all we needed before going higher. The daily is looking good, barring a big dump over the next day or two the weekly should close out strong. Upward and onwards to the target!
Nota
Welp, looks like I was wrong about the $2600 low holding, and that nasty bearish divergence did play out.
Nota
We reached the $2400-$2500 range as initially mentioned, and buyers stepped in. Not the most inspiring daily candle though, but that down up move to the target is still in play:

syot kilat

Should be interesting to see how we close out the rest of the week.
Nota
Price tested the $2400-$2500 level (even briefly flashed into the 23xx's. Buyers stepped in and have gotten us above $2400, and we are now approaching $2500.
If the price can get above and hold $2500 then we have a nice hidden bullish divergence on the daily chart with both RSI and MACD:
syot kilat
If we can not take back $2500 then we are probably going lower to $2100-$2000 IMO.
Nota
Price failed to hold 2500...fell pretty quickly $2120 as mentioned. Now what? Tough to say, at a pivotal point, might be time for a new chart.
Nota
Adding this published chart:
tradingview.com/chart/yBz9QoKT/
Nota
correct link*
Bitcoin do or die time
ltc-joe

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