Nexo looking toppy but could also break to the upside

I'm waiting to see what it does in the next week. If the long term channel trend continues, it will likely see a big correction coming soon. RSI is overbought, at the top of the channel with a big downward swing looking quite likely. But BTC is near ATH, alts are now booming and could also see a break out the channel to the upside. If this happens it could enter price discovery mode and see a big move up.