BTCUSDT
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Folks, here is my possible plan for BTC.
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On the weekly timeframe, the candle that just closed is a BULLISH candle, but has a LONG UPPER SHADOW and closed less than 1/2 of the amplitude, showing that there is a string upper blocking selling pressure
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On the daily timeframe, BTC price continuously increases but trading volume decreases.
BE CAREFUL!. It indicates the weakening price momentum.
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My trading idea is:
1. Wait patiently for the price to return to the 35600 - 35750, that has an order block. (See my short term plan on 4H timeframe attached below)
2. Find the confirmation entry.
3. SHORT it.
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That's my plan!
Thanks for reading this.
DYOR
