BTC is playing an ascending channel on the small time frame.
I think a good entry would be 8109 and around that price.
Stop loss 8000 -
Reward/Risk Ratio
You are risking losing $100 using a stop loss or profiting $500 selling at 8600 target. We have some heavy resistance around the 8700-9000 range. I do this we are going to get rejected honestly and this was an artificial pump building up for some big shorts.