I'm cautious of the big rise in such a short period of time. It needs to break the next resistance line before I decide to buy. I don't think it will break will happen, though. I would rather buy the dips, instead.
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If Bitcoin can successfully hold it at $7800 then go beyond #8000 then it's now or never. The next reistance should be around #11.
It's been holding for the past 5.45 hours. It's looking good, so far. However, It has to come down in order to stay within the confines of the blue triangle. So, be prepared for it, in case it happens.
I like your approach.
Thank you.