Don't get caught...

BTC finally exited the horizontal channel (purple) but was still in the ascending green channel. There were many times you could have thought that BTC was on the way up again, but don't get caught.

The only safe buy is at the bottom of the channel so long as you sold at the top. At any other point, you would have been unsure whether you made the right decision, because the price would have just turned on you.

Can BTC exit this green channel upward? Of course - but there is no clear way of knowing that it will, instead of tumbling back down to the bottom of the channel straight after you buy (and possibly lower).

Also - don't get faked out EVEN if the price exits out of the channel. This has happened many times where the price will exit out of a channel for several candles before going back in. Look at my purple horizontal channel - the price dipped below it before going back up. So many fake-outs!