If yellow line breaks - BTC to 32k - COIN breaks 150, buy puts

It looks like the consolidation (loosely a rising channel) stopped when price hit the 200sma (red arrow). That may have begun a move lower, which if it continues can retest 32,000 and likely break lower in a sell off.

COIN daily chart shows potential to break 150 and 30min chart has bearish MA's and RSI.