BTCUSD - Short Term - Can we hit $7800?

Price is still within the channel, one more move up can potentially get the price to higher $7000 ranges. Observing the volume during the break of any trend-line now to enter a trend reversal position.

If the price decisively breaks up from the inner descending trend, will look for a long.
If the volume shows weakness as the price trys to move up, will look for a Short.

Happy trading :)
Technical IndicatorsParallel ChannelTrend Analysis

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