To me the bottom trendline of the channel appears to be this bottom purple trendline…if this wedge we’ve been in all April decides to break upward here right at the beginning of May I would’nt be surprised if the current candle will be the one that finally bounces us up from the downtrend we have been in all April. There’s also a chance we could send a wick below this bottom purple trendline, in which case there are 3 very strong trendline just below it (not shown here) that would ultimately be likely to hold support unless of course the bear market is confirmed. For now i lean slightly more bullish in the immediate term and expect some sort of bounce in the near future. If I see us confirm the breakdown of this channel however I will be more likely to start favoring the bearish scenario but a wick or 2 or even some daily candles closed below wouldn’t necessarily be enough to confirm the breakdown. For now I still think this wedge will trigger but know what to look for if it decides to nullify itself. *not financial advice*