COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BTC USD in 12h timeframe is situated into a falling wedge which means at the final will be a breakout,Usualy the price test this support of wedge three times and after will be a breakout
Stochastic RSI at 12h timeframe is overbought(they can go up from here a little but after will made a bear cross and price will come down in my opinion)
RSI below neutral zone
MACD bull cross but we haven t volume
When btc will come to 3050-3080$ we can open a long position for 3770-4000$ targetpoint which means aproximately 27.41% potentialy gains.

This chart it s only for an market update,i will NOT open any position in bitmex.
Trade active: Supportline of wedge touched
Trade closed: target reached: DONE!
Enjoy your profit
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what kind of bs analysis is this?
Reply
@TheCryptAlpha, it s a kind of bs analysis where you can open a long position at 3080-3090$ :)
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absolutely agree , check out my idea for the bottom
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@achoCRYPTO, Thank you for share!
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Este posibil ca virful la acest falling wedge sa cada pina la $2,500 ish.
+1 Reply
@ghyprtusjflrp, Da,ai dreptate ,sub forma unui wick dar asta ar insemna ca bottom-ul a fost atins :)
Reply
Thanks Buddy
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@JasrajDhingra, My pleasure :)
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