Bitcoin
Long

BTC/USD.4H CHART PATTERN.

716
> 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



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Strategy Summary:

Level Type

105,700 Support (Stop-loss zone)
106,800 Entry
110,000 Target 1
112,000 Target 2



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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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