Entry: On breakdown of the lower trendline of the ascending channel (~105,400). Target: 99,800 zone (flagpole projection + horizontal support).
Stop Loss: 106,970 (above resistance).If BTC breaks above the flag and closes above 107,000, this setup becomes invalid and could lead to a bullish reversal toward 108,500–110,000.
Stop Loss: 106,970 (above resistance).If BTC breaks above the flag and closes above 107,000, this setup becomes invalid and could lead to a bullish reversal toward 108,500–110,000.
Trade active
Trade closed: target reached
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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.