BTCUSDT - PLANNING (next two days)BTCUSDT - PLANNING
BTC is expected to follow the pattern shown in the chart, with a corrective pullback followed by an upward move. BTCUSDT will likely retrace to around the 106k level, where it may face another wave of decline. At this point, BTC will attempt to form a peak, but don’t expect a long-term rally just yet.
Action Plan:
For Long positions: Wait for the H1 timeframe to complete its pullback. After the correction, target the 103.8k region for entries (Note: For Long trades, don’t expect it to reach 106k if negative news emerges).
Priority: Hold Short positions at higher levels and add to Shorts when the price retraces to form a new H1 peak, as shown in the chart.
Strategy: Focus on Long Scalping first, then switch to Swing Short immediately after.