HBAR / BTC - Approaching Channel Bottom

Quick chart, daily BTC pair - HBAR is approaching bottom of proposed parallel uptrend. Shouldn't see us go much lower than 517 on the lower timeframes, daily needs to close above the bottom of the channel later today for this to remain relevant.

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Also, if we break below the channel, it just invalidates this parallel uptrend. What we don't want to do is fall well below the green box here from this repeating pattern idea:

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Link to last published chart update on repeating pattern idea below, original idea for repeating pattern is linked within this one: