$BTC
Buy trade signal - Key breakout levels with positive indicators and higher targets opened
Entry price: $106,317
Target 1: $108,800
Target 2: $110,435
Target 3: $112,167
Stop loss: $104,349
Why buy?
The price has broken through the $BTC significant horizontal support level near $106,000 and is pressing against a medium-term breakout area. The three-hour chart shows a clear recovery with strong upward momentum, and closing above this level indicates the potential for an upward move towards key resistance areas at $110,000 and $112,000.
As long as the price remains above $106,000, the trend will continue.
Risk management advice:
Invest partially at each target. Move the stop loss to the break-even point after taking the first profit (TP1) to ensure safety and take advantage of momentum without risk.
Buy and trade here on $BTC