Lived in this horizontal channel for 23 hours...

Lived in this horizontal channel for 23 hours, if it exits for more than 1 candle - we're heading down.

This seems like bad news, but it's not. If it corrects to the 782 fib level ($7700) which BTC is prone to do (20k -.6k, 11.5k -> 7.2k), that means we're setting up for a wave 3 much higher, to allow wave 4 to finish higher than wave 1 ($9150).

Just make sure you layer your buys down to $7700!!