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.