Ok new channel
Red line = Main Uptrend Support (from higher timeframes)
Orange line = Old channel we broke out of
Cyan line = new channel
Faint Grey line = temp uptrend in current channel
once again lets watch the action to see which way it breaks. I'm expecting down, but this is crypto and it can just shoot up for no reason, but if we got down time to load up.
Orange line = Old channel we broke out of
Cyan line = new channel
Faint Grey line = temp uptrend in current channel
once again lets watch the action to see which way it breaks. I'm expecting down, but this is crypto and it can just shoot up for no reason, but if we got down time to load up.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.