If the price breaks the 3rd candle of daily swing high or the low (two thick lines on the chart) then wait for optimal trade entry, if the top of the channel was broken you would wait for optimal long entry, which might not be exactly as shown on the chart but for help with this you can use fibbonacci retracement and at least fill in at the 0.5 fib.
BTC Possible inverse H&S forming, expecting first a dump to 20400-20500 region, then bounce from there to form the head and shoulders after which the market should move up by the measured move to 21.5k region. After that, possible is dump, but if the level holds and price consolidates above, expecting a dump from there.
Comparing previous big crises, the current crisis might be much more severe than the ones we have experienced in the past. Altho I'm not informed on monetary policy and other stuff to be able to see the differences between those times and now, this is just a funny speculation.
BTC can now touch the fib levels below and then bounce to the upside, if the fib levels don't hold, then price may again retest our support down at 19k-18k region, which would be a sign of weakness and the trend may continue to the downside, entering the 17k-16k area. Main targets are 15k-14k, but not excluding even further possible downside to around 10k region...
