in this chart you see two separate ascending channels. price has broken out of the bottom channel and it has retested it multiple times. as long as price trades in the upper ascending channel it can be considered a safe zone for the bulls. breaking below the upper ascending channel is going to send us to the bottom of the lower ascending channel causing a bloodshed in the alt market. if price manages to stay within the upper ascending channel, then visiting the top of the channel is within sight.