ETH Bearish Channel

I have 2 alternative but similar scenarios for ETH:

1) We already hit the top of the channel and turn back to 1110 levels (which seems to be happening as I write it - so I keep the directions for that scenario only).

2) It has some room above it to go up a little more to 1244 levels and then bounce back down.

Either way, I think ETH is still on a bearish channel and has some way to go. This correction has not ended.
What is that bottom trend line you drew??
CBTbitcoin urketadic
@urketadic, I take the dips of each candle since things have been extreme and I want to play it safer.
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