Decision point in RSI channel

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
the last 3 month the daily RSI are in a descend channel, we are in the end of the trend?, or the confirmation of the new downtrend?
so what does this mean exactly? the RSI has just about popped the red line, is that at all significant?
ioxoi BenjaminNewton
The meaning for me is a trend, when it's broken I suppose the end of the trend and the beginning of other trend, but in this case only touch the limit before to going to the down of the channel
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