Technical analysis by ProfittoPath about Symbol BTC: Buy recommendation (6/1/2025)

Trade Setup SummaryTrade Type: Long (Buy)Entry Price: ~105,067 (current level)Stop Loss: ~104,581 (white horizontal support)Target Price: ~106,983 (green resistance)Risk-to-Reward Ratio: Excellent (approx. 1:3+)🔍 Technical HighlightsAscending Triangle Breakout: The price was compressing in a triangle; it seems to have broken out just above the yellow resistance.Key Resistance Levels:Immediate resistance: 105,831 (red line – might be retested)Target resistance: 106,983 (green line – take-profit zone)Support Zone: 104,581 – solid level for stop-loss placement.📌 Trade Confidence Signals📊 Breakout from a mini ascending triangle.📈 Volume is slightly increasing.🟡 Previous resistance flipped into potential support.