BTC/USDT
- Break above the bullish flag pattern on Nov. 2: The price has broken above the overhead resistance zone at $64,854 to $67,000. This indicates the bears have not yet given up and are attempting to stall the up-move.
- Aggressive defense of the 20-day exponential moving average ($60,794): The buyers will make one more attempt to push the price above the overhead resistance zone.
- Rally toward the pattern target at $89,476.12: If the price breaks and dips back into the flag pattern, the pair may drop to the 50-day simple moving average ($54,883).
- Range-bound between $63,732.39 and $59,500: The flat moving averages and the relative strength index (RSI) indicate a balance between supply and demand.
- Break below the moving averages could pull the pair to the strong support zone at $59,500 to $58,000: The bears will gain the upper hand if this zone is breached.
- Possible change in trend: A break below the moving averages could pull the pair to $55,267.61.
**DOT/