There is a downtrend as the channels are parallel and the is also going on the downtrend, so i'd be cautious to look closely to watch for the rebound from the .
Currently our closest line is the 50 day MA as we test if there's a bounce back.
Also there are a few resistance lines and previous (green) that we may have to test if we go lower.
However, this looks like a and we may get the chance to test the trend again - and if this time BTC follows we may just be able to reach new highs.
So what do yall think?