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Technical analysis by Raz_Trading about Symbol BTC: Buy recommendation (6/5/2024)

https://sahmeto.com/message/1955943
Raz_Trading
Raz_Trading
Rank: 21639
1.4

Trading strategy BTCUSDT: Prospect of price increase!

Buy
Price at Publish Time:
$70,982.84
Profit Target:
(+12.70%)$80,000
Buy،Technical،Raz_Trading

Hello traders, what are your thoughts on BTCUSDT? Will it rise or fall? From my personal analysis of the technical charts, the bullish factors are still in play, with both the trend and EMA lines creating favorable conditions for the Bulls. Additionally, the cup and handle pattern is forming, with prices moving above the psychological level of $70,000 and aiming for record highs. I am anticipating a breakout above this resistance level. What about you? Where do you think BTCUSDT is headed?

Source Message: TradingView
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