For more information read the 'Fake-breakouts-everywhere' idea below
The first 2 peaks (teal arrows) define the channel direction. The third time the price hit it - it bounced straight away. This created downward price movements on ETH and BCH and probably many others.
The first 2 peaks (teal arrows) define the channel direction. The third time the price hit it - it bounced straight away. This created downward price movements on ETH and BCH and probably many others.
