dr-novin
This indicator is a guide for risky assets. I imagine such a channel. Given the positive gap, I think the channel will be broken and this failure will lead to a decline in risky assets like crypto.
I think that given the decrease in purchasing power and the increase in the slope of each correction, we can rule out further growth. I think that if you make a profit, it's better to take it and have fun for a while. This is just an opinion.
In my opinion, given the divergence that has occurred in Ethereum and Ethereum's impact on other coins, it seems very logical to exercise caution or at least take some profits. I tried to combine the final step with an Andrews’ Pitchfork so that the median line and the pitchfork’s bands could act as more precise guides for me.