Long

BTC/USD H1 CHART ANNALSIS 18/6/2025

Trading Setup and Strategy Explanation:

Buy at:1042.000
Resistance at:103700

Important Note:
Resistance should be above the current price, not below. If 105,700 is below 106,800, it typically indicates support, not resistance.

**Corrected Interpretation:**
Here's how your setup likely looks:
- Buy Entry:** 104.200
Support (not resistance) 103700
Target 1:108.000
Target 2: 110.000

Level Type:
- 105,700 Support (Stop-loss zone)
- 104.200 Entry
- 10.7000Target 1

Trade Notes:
- If BTC holds above 104200, 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.

**Strategy Preference:**
Would you like a chart or confirmation based on technical indicators (RSI, trendlines, volume, etc.)?

Jamsan_Jamy

12+Yrs Experience | UK 🇬🇧 Based SMS + ICT Trader
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Jamsan_Jamy

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