it's hard to explain this on a small screen but simply put, it's a wave 5 combined with a Gartley pattern that looks bearish IMHO. besides that, I don't see this channel as a good impulse for bitcoin to go up, might be a leading diag yes but I never use them to trade.
@RomanLosev, for time yes it failed. but for the price you could have exited the short on .0382 Fib which is the most feasible target for gartley. but now I'm even more beaish because of two time fib levels showing the top of ABC of a four, here is the detail:
RomanLosev
⋅
@DeRozVanSchuts, cool. i'm more bearish than you... globally...