I see channels everywhere‌:)
2024-10-29

As always, we start with cycles:
 
HWC = upward trend
MWC=range
LWC=The trend is downward

 For long position:  📈For me, I trade with failure
I will wait until the resistance of 2.3448 is broken so that I can open a long position 
Since we have both the DOW confirmation and the breakout channel, I think it would be a good place to position. Another confirmation Pay attention to the reduction in volume during the shedding process

 For shorts position: I📉 will wait until the support of 1.5996 breaks 
I will not open before that, I respect the upward trend

If you want me to analyze a coin, tell me in the comment🫡

⚠️ Do capital management to survive ⚠️


