Technical analysis by crypto_pumpppp about Symbol BTC on 11/7/2023
https://sahmeto.com/message/3326625

crypto_pumpppp
Rank: 16348
Analytical Power:
1.4

BTCUSDT --------- Folks, here is my possible plan for BTC. -- 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 -- On the daily timeframe, BTC price continuously increases but trading volume decreases. BE CAREFUL! . It indicates the weakening price momentum. -- 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. --------- That's my plan! Thanks for reading this. DYOR
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Signal Type: Neutral
Time Frame:
1 hourPrice at Publish Time:
$35,037.37