BTTUSDT hitting the support of channel | A good long opportunity

Since 25 Nov the price action of BitTorrent / US Dollar is moving within an up channel.
Now the priceline is hitting the support of channel.
The priceline is also getting bounced from 50 simple moving average.
The channel support and 50 SMA can be used as stop loss in case of complete candle stick closes below these supports.

Regards,
Atif Akbar (moon333)