Forming a descending channel and recent rejection from resistance. If yellow support is broken we might see a continuation of the channel possibly 30k?
Descending triangle forming on 1hr. Usually it indicates the continuation of a trend. Let's see if it plays inside the box (resistance). If it breaks down it could fall to the red line (support)
Is it time for a correction? RSI reaching ath for being overbought. The previous rally after reaching 1000x corrected. Would we see the same here? correction to 20k level?