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.