This is a Bitcoin (BTC) to Tether (USDT) trading chart from TradingView for the Binance exchange on a 1-hour timeframe. The chart shows a price breakout above a downward trendline.
Key elements:
The price was following a downward trend (blue trendline).
A projected bearish movement was indicated with an arrow pointing toward lower levels (~$76,000).
Instead of following the bearish path, BTC broke out above the trendline, reaching approximately $83,252, showing a +5.92% gain.
The purple icon with a lightning bolt may represent a pattern recognition or an alert from a trading indicator.
It looks like a failed bearish pattern (possibly a head and shoulders or wedge), leading to a breakout upwards.
Key elements:
The price was following a downward trend (blue trendline).
A projected bearish movement was indicated with an arrow pointing toward lower levels (~$76,000).
Instead of following the bearish path, BTC broke out above the trendline, reaching approximately $83,252, showing a +5.92% gain.
The purple icon with a lightning bolt may represent a pattern recognition or an alert from a trading indicator.
It looks like a failed bearish pattern (possibly a head and shoulders or wedge), leading to a breakout upwards.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.