BTCUSD Channelling at Current Prices

BTCUSD is in a horizontal channel currently, as you can see in the box. We are bouncing between support and resistance, making these market conditions perfect for overbought/oversold indicators like the rim, Bollinger bands, stochastic, and macd. Aside from trading this volatility, I am aware that if we see a break above resistance or below support as marked by the borders of the box, this will be a good opportunity for a breakout/down trade/ Either situation is tradable, which is the beauty of being able to short assets.