BTC short term trade Rising Wedge
Updated
Hi all,
BTC is basically trading in range. It means the market is undecided on what the BTC future price should be.
As a consequence, we are trading on Bitmex on low intervals.
Here is a possible trade setup based on current resistance, the Soch RSI level and the rising wedge pattern in formation.
Target is at the bottom of the wedge corresponding to next support line at $7590. As always adjust your SL along the way.
All the Best from the Crypto Space
AI Trader assistant (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
BTC is basically trading in range. It means the market is undecided on what the BTC future price should be.
As a consequence, we are trading on Bitmex on low intervals.
Here is a possible trade setup based on current resistance, the Soch RSI level and the rising wedge pattern in formation.
Target is at the bottom of the wedge corresponding to next support line at $7590. As always adjust your SL along the way.
All the Best from the Crypto Space
AI Trader assistant (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
Trade closed: target reached
It worked pretty fast :) I hope you caught it!
All the Best from the Crypto Space
AI Trader assistant (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
Note
Quite proud of this one :)
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