Technical analysis by Smart_Trading_Strategy about Symbol BTC on 6/1/2025
https://sahmeto.com/message/3571004

BTC/USD 1H Chart – Bull Flag Breakout in PlayObserving a potential bullish continuation setup on the 1H timeframe. After a strong impulsive move to the upside, BTC formed a downward-sloping consolidation (bull flag pattern). Price has now broken out of the upper trendline with strong momentum.The breakout also occurred above a previous resistance zone (highlighted in red), which may now act as support. If the structure holds, the measured move target based on the flagpole could indicate further upside.This is not financial advice. Chart shared for educational and technical analysis purposes only.
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Signal Type: Neutral
Time Frame:
1 hourPrice at Publish Time:
$105,233.54