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TQQQ: Looking like a no-brainer buy, or is that the trap?

Oleh jedington
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TQQQ Chart should show well enough what I'm conveying here. Either it rebounds from here, along with crypto and all the other indeces across markets, or we see lower lows, that reaches back into the March 2020 fear levels.
Nota
indices* I was in a rush, oops
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It's definitely now into the horizontal channel (March 2020 levels); we'll see where it goes from there.
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Candles are dipping, but not holding below the blue line. Looks pretty good as a support and potential rebound zone.
Nota
June-July has been holding under the blue line.
Probably a heavy resistance at 27~30 atm...
A decent support just below at the 21~23 range.
crashenglishetfsx3Parallel ChannelQQQqqqlongrallySupport and ResistanceVolatility
jedington
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