Long opportunity from Descending Channel to Support & Resistance

I believe the current price action can be modelled in a low volume general downtrend channel (blue). LTF S&R (green box) there is a low-risk R:R position which can be opened within 50 dollars at the volume gap before buy orders were filled (from the latest pump). Traditionally BTC has an opportunity to reverse descending trends when volume is low and retested. So this provides a LTF long opportunity from retest of this support with good R:R. We can wait for confirmation of the opportunity by retest of the upper quadrant of the channel. There is about 400 dollars between the 0.236 Fib, weekly open, and S&R to ladder take profit orders in.

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