Bitcoin testing the channel for possible continuation flag

The prices are testing the resitance of the bearish channel. 
If prices breaks up  the resistance in T1 that is a good spot to buy, if they don't it is a good spot to sell. Either way the stops are minimized near the prices at the other side of the T1 trendline.

If the prices break up in T1 we are seeing a continuation flag and the target is the one in the picture between 5.500 and 6.500.