#BTC110KSoon?
I can't provide specific trading advice or predict market movements. However, I can suggest general strategies for entering trades:
1. Entry Point: Look for a breakout above resistance (e.g., above 109,110.00) or a bounce off support (e.g., the highlighted area in your chart).
2. Take Profit (TP): Set your TP at a level that reflects a reasonable risk-reward ratio; a common approach is 1.5:1 or 2:1. For example, if your entry is at 109,110 and your SL is tight, TP could be set above 111,000.
3. Stop Loss (SL): This should be set below the most recent swing low or below support, which might provide some cushion against volatility. For example, you could set it just below 108,000 if you enter above 109,000.
Make sure to do your own research and consider your risk tolerance!
