# Bitcoin trade plan for BTCUSD

> Trader shares Bitcoin strategy using chart patterns.
- Title: Bitcoin trade plan for BTCUSD · TradingView | Shortify
- Summary: Trader shares Bitcoin strategy using chart patterns. Trader Joopooranski outlines two Bitcoin trading scenarios based on technical analysis.
- Keywords: bitcoin, btcusd, tradingview, technical analysis, chart patterns, trade plan, business, finance, trade, plan
- Source: TradingView — https://tradingview.com/chart/BTCUSD/hlFSAKNl-Bitcoin-chart-My-trade-plan
- Published: 2026-10-17T06:46:25+00:00
- Read time: 1 min
- Topics: bitcoin, btcusd, tradingview, technical analysis, chart patterns, trade plan, business, finance
## Market Structure
Trader Joopooranski describes a divergence (orange arrows) inside overbought area without reversal.

> a divergence (orange arrows) → inside of the over bought area (not a reversal)
## Long and Short Scenarios
First entry (green) and second entry (golden ratio) target white trendline for long positions.

> first entry (green) • second entry (my favorite - golden ratio), which is at the same target of the white trendline
## Short Position Strategy
Short BTC after price drops slightly, pumps to blue line, and gets rejected on daily timeframe.

> if price drops a little, then pumps to the blue line & gets rejected on the daily time frame, I’ll short BTC after confirmation
## Key takeaway

Trader Joopooranski outlines two Bitcoin trading scenarios based on technical analysis.