Part4. Bullish Patterns (Indicating Upward Reversal or Continuation):

Bullish Engulfing: A green candle fully engulfs the previous red candle at support levels (e.g., 96,000 or 94,236).

Hammer/Pin Bar: A candle with a small body and long lower wick near support signals rejection of lower prices.

Morning Star: A three-candle pattern where a red candle is followed by a small-bodied candle (indecision), then a strong green candle.

2. Bearish Patterns (Indicating Downward Reversal or Continuation):

Bearish Engulfing: A large red candle fully engulfs the previous green candle at resistance levels (e.g., 97,624).

Shooting Star/Inverted Hammer: A candle with a small body and a long upper wick at resistance indicates rejection of higher prices.

Evening Star: A three-candle pattern with a green candle, followed by a small-bodied indecision candle, then a strong red candle.

Alerts Setup

To stay on top of price action without constant monitoring, set alerts for key levels:

1. Alerts for Resistance Breakout (Bullish):

97,624.62: Set an alert for when the price crosses above this level.

Configure a notification to watch for a green candlestick closing above this level (4H or 1D timeframe).

2. Alerts for Support Breakdown (Bearish):

96,000: Set an alert for when the price falls below this level.

Watch for a confirmation candlestick (e.g., a large red candle closing below 96,000).

3. Additional Alerts:

94,236: Set an alert for a potential bounce or breakdown near the MA99.

MACD Crossover Alert: Some platforms (e.g., TradingView) allow you to set alerts for when the MACD line crosses the signal line.

Actionable Example:

Let’s assume BTC/USDT approaches 96,000:

1. Bullish Signal:

Look for a hammer candle at 96,000 with increasing volume.

Confirm with a KDJ bullish crossover (K > D).

Enter long with a stop-loss below 95,500 and a target of 97,624 or higher.

2. Bearish Signal:

Price closes below 96,000 with strong red candles.

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