Back to (Red Channel) the longer term channel
RED Channel is seriously amazing one
First cycle before first halving in 2012 to second halving in 2016 it was touched 9 times everyone was a reversal point
Second cycle from Halving 2016 till now
it touched the trend channel 8 times
while middle one 9 times
buying zone around 3000-5000 in purple boxes
Not financial idea just comparing fractals
RED Channel is seriously amazing one
First cycle before first halving in 2012 to second halving in 2016 it was touched 9 times everyone was a reversal point
Second cycle from Halving 2016 till now
it touched the trend channel 8 times
while middle one 9 times
buying zone around 3000-5000 in purple boxes
Not financial idea just comparing fractals
Note
50 Likes to get updated if idea is validNote
broke out?Trade active
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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.
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.