I really love this kind of set up. Cyclical in nature and can depend on it most of the time.
However, end of the year and holidays make this a bit risky. It may play out as described but only possibly after the new year. Any other time....I'd be all over this .
Also....this is a very new coin and has yet to register much of a performance to gauge any realistic...
SHMAS 2233 reached out to me for an opinion on this BTC pair.
My opinion is to take a long position after a confirmed break out of this descending channel to the upside with a stop in place.
Notice the divergence on the MACD.
First possible TP is around 0.0000004800
A second posssible TP is at 0.0000005248
