Updated
Hope or rope S3E11

Welcome back to Louis making another (probably awful) guess. This is where I'd like to reenter, pls let me have it.
Note
this would be invalidated by:- breaking upwards of the channel on high volume
- going sideways out of the channel
I think breaking down of the channel would still be fine but in that case I'd probably look for either a sharp reverse at the lowest support or lasting sideways.
Anyways, the idea bases on xtzxbt trending down in the channel until it reaches roughly a 70% decline from the top. I'd expect it to be invalidated fairly quickly but hey if it works I won't complain.
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impressed that this is working so far tbhNote
I guess it broke down and out of the channel but that wasn't too surprising given the strong PA from btcTrade closed: target reached
I guess it reached the lower support line faster than I anticipated but this counts imoNote
I mean I guess I'd want to see that it doesn't make a new atl firstNote
I guess I cursed it the moment I said thatI'd like you to know that I'm genuinely sorry
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well here it is. Surprised this went so well tbhDisclaimer
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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.