BTC short term trade Rising Wedge

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) -->
交易結束:目標達成: It worked pretty fast :)

I hope you caught it!

All the Best from the Crypto Space

AI Trader assistant (15% discount) -->
評論: Quite proud of this one :)
yep looks good but we still have lots of resistnace in the 7700 level we need to see what what happens, also some tight stop loses for sure.
Alteroc Natalio1
@Natalio1, It's really a short range trade indeed. Since there is not much info on where we are heading
Alteroc Natalio1
@Natalio1, Well it went well ;)
@Alteroc, yeah for sure
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