This Parallel Channel is being formed for about 152 Days so far and if we manage to break to the upside it would be great because this channel is actually a bull flag.
If we fail to break the upper resistance trend line it will retest the support trend line again and maybe it will break it, starting a selloff causing the price reach possibly $3,000 again.
If we manage to break it to the upside, the first target would be to shoot for $10,000