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$BTC
- RSI on the daily timeframe is heading below 70, indicating a potential short-term downward correction.
- The H4 timeframe just closed a candle that swept liquidity.
- H1 shows signs of strong buying pressure.
Plan 8/12/2024: Scalp Buy/Sell within the range of 99.372 - 100.122 when there is a confirmed signal.
If it breaks out of these two zones, we will follow the prevailing side when there is a pullback wave to the range.
(Reference information, not investment advice)
- RSI on the daily timeframe is heading below 70, indicating a potential short-term downward correction.
- The H4 timeframe just closed a candle that swept liquidity.
- H1 shows signs of strong buying pressure.
Plan 8/12/2024: Scalp Buy/Sell within the range of 99.372 - 100.122 when there is a confirmed signal.
If it breaks out of these two zones, we will follow the prevailing side when there is a pullback wave to the range.
(Reference information, not investment advice)
See original
BTC trading plan for December 7, 2024
- Daily RSI is currently oversold and below 70 - may adjust downwards in the short term.
Consider a SELL order from resistance if there is a reversal signal at the level: 99,806 and target down to: TP1: 98,672 and TP2: 97,015 (plan for reference, not investment advice) - No confirmation on H1, broken through resistance on H1
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