Hey all traders,
One of the good positions and setup for trading (in futures) is to enter after the channel lines (support and resistance lines ) have broken.
Here is an example of an Ethereum mini-channel on a 4-H timeframe.
A small uptrend channel in a very large downtrend channel, which we call a mini channel ( or Just I'm Call it ! ) anyway :-D
As long as...
In this chart you can see that a couple of things happened. #1 Just as I have been saying for a few weeks now, keep an eye on the 12H and the 200MA, once price goes under the 200MA on the 12H BTC will struggle to come back up, moreover, If price can't make it above the 200MA we will go down quite a bit. #2 We've had a trendline violation which it's yet another...
