BTC analysis for May 31,.2021 - Potential for the rally towards $40.200

Technical analysis:

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BTC has been trading upside in recent 10 hours, which is good sign of upside momentum.


Trading recommendation:
Watch for potential buying opportunities on the pullbacks with the downside targets at $40.000 and $43.100.

Stochastic oscillator is showing fresh bull cross and potential for the rally towards $40.000.




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Petar Jacimovic
Analytical expert
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