HemiRebel

ascending channel idea

Long
HemiRebel Updated   
COINBASE:OXTUSD   Orchid
just the thoughts of a complete newb. I marked the upper,lower and middle range of the current channel OXT is in. Spends a lot of time in the lower half consolidating with brief spikes to the upper line. Only to then fall back to the lower line. wash,rinse,repeat. If the distance between the last two upward spikes is any indicator, the next one should be in about 7 days. I think if we can get above the middle line and hold there before going to the upper line it may break through the upper and then its go time. failure to do so will make it harder to break out. sideways at best if it fails.
Comment:
what can you do? If BTC and the market as a whole take a dump it is what it is. It doesnt look too bad on a daily time frame. if we can close back up above the lower trend line all hope is not lost. Ive waited this long, whats a few more months
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