Let's look at BTC trending on a larger timeframe

Zooming out, we can see a previous channel being respected.
Interesting indicator, the MA ribbon. I'm researching trend following lately, and this seems like a nice way to get a bigger picture, timing longer timeframe entry and exit points.
Entry / exit is not everything of course.

Full disclaimer, I am a hobby trader, self-taught, only a couple of months in etc etc
Just learning and looking for patterns and strategies to try out with pocket money :))