BTC Long 1Hr Analysis

The price will likely go around 28620 to test the nearest resistance because of the following reasons:
RSI
Currently, the price is at 37 on RSI so will definitely go to 70 and above thus the price will go upside.
Parallel Ascending Channel
Price is moving in a channel and currently at the support of this channel. we can see a bounce back from this level to the next resistance which is around 28620.
Price at support
Price is on a major support level between 2800 and 27860 and respecting this resistance.
Bullish Engulfing Candle
A bullish engulfing candle is a good sign for the entry near the support so all these indicators and signs are showing a good entry and the exit price is around 28620 which gives the 800 points in BTC.