it is possible to trade this wave 4 ascending channel by longing the bottom and shorting the top, but once we near the end of wave 4 know that a flash crash will be immenent and you should either be shorting or holding stablecoins. watch for false breakouts. there was a false breakout in the ascending channel the price is currrently moving in. a real breakout solidifies the end of the long term downtrend and completely invalidates, but i find it unlikely.
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