Technical analysis by caution_1 about Symbol BTC: Buy recommendation (11/28/2024)

BTC's "cup and handle" spotted with targets that align with a channel. If BTC can hold the support of $94,500-$95,000, and can create the "handle" pattern (needs to be a breakout of the flag), the target of the "cup and handle" pattern will be the next resistance of the ascending channel (white, can be seen clearer on the hourly chart). Target 1: $99,000Target 2: $104,000SL: $93,800Warning: This is just advice based on my analysis of the chart, no action is required.-Caution_1A bit of a hasty prediction on that handle haha... but the handle has been forming well. Looking for confirmation above local high, and volume confirmation for a solid breakout. Keep a close eye and wait out the chart!