> Buy at 106,800
Resistance at 105,700
But resistance should be above the current price, not below. If 105,700 is below 106,800, it would typically be support, not resistance.
Corrected Interpretation:
Here's how your setup likely looks:
Buy Entry: 106,800
Support (not resistance): 105,700
Target 1: 110,000
Target 2: 112,000
---
Strategy Summary:
Level Type
105,700 Support (Stop-loss zone)
106,800 Entry
110,000 Target 1
112,000 Target 2
---
Trade Notes:
If BTC holds above 105,700, your long position is technically supported.
A break below 105,700 might invalidate the bullish setup — consider a stop-loss below that.
Momentum toward 110K–112K is possible if the market breaks out of short-term consolidation or reacts positively to macro news.
Would you like a chart or confirmation based on technical indicators (RSI, trendlines, volume, etc.)?
Resistance at 105,700
But resistance should be above the current price, not below. If 105,700 is below 106,800, it would typically be support, not resistance.
Corrected Interpretation:
Here's how your setup likely looks:
Buy Entry: 106,800
Support (not resistance): 105,700
Target 1: 110,000
Target 2: 112,000
---
Strategy Summary:
Level Type
105,700 Support (Stop-loss zone)
106,800 Entry
110,000 Target 1
112,000 Target 2
---
Trade Notes:
If BTC holds above 105,700, your long position is technically supported.
A break below 105,700 might invalidate the bullish setup — consider a stop-loss below that.
Momentum toward 110K–112K is possible if the market breaks out of short-term consolidation or reacts positively to macro news.
Would you like a chart or confirmation based on technical indicators (RSI, trendlines, volume, etc.)?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📲 Join telegram channel free ..
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Forex_golg_free_signals
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Forex_golg_free_signals
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.