If you look at the weekly chart, you will see somethings that’s not the same like last time:

1. Last time there was not 1 open and close weekly candle under the 50 ema
2. Last time the channel was down (see with the red lines) (meaning a break above is bullish and that happend)
BUT Now:
1. This time we have already 9 open and close weekly candles under the 50 ema
2. This time the channel is up (see with the blue lines) (most of the time it will break down, but not necessary, have to wait and see what will happen)
3. The 20 ema is crossing the 50 ema (meaning if the 20 ema is under the 50 ema that means bearish guys)

So if you look at the chart at this moment it’s showing us one thing and that’s bearish (IMO)
Maybe i’m wrong…,
Patience will be the key