Looks like previous idea was wrong. As I said, I like longing ascending trend lines because it's easy to get out with a small loss. Re-evaluating, we may see the following channel shape up. If it drops below here I see no real technical structure left. So frens I am once again posting a chart. Closing a 4hr at the bottom would generate 4hr RSI bull div but it may...
Self-explanatory. Longing ascending support is usually a good idea even if the pattern is bearish. Be disciplined and continue to raise stop loss. On top of this, bullish div on 4Hr MACD, and funding rates negative meaning plenty of highly leveraged shorts to be squeezed.
I could be wrong, of course.
