NavidBasatzadeh

I don't feel good about this negative divergence at all Especially since the momentum of the candles has also become very weak and it seems like they have no power to grow The green area and the upward trend line are support areas. Also, the dominances of Tether and Dai are also strongly signaling an increase, which puts the market at risk of falling.

I put the Bitcoin analysis in the weekly timeframe in the closed view so that I can show it with better explanations. The image shows a double top reversal pattern. But the point about this pattern is that this pattern is known as a double top in the classic patterns category, but due to its different shape, it is known as the B2 pattern in the advanced patterns category. The difference with the classic double top is that in the B2 pattern, the second top is two candles, and the second candle of the second top goes higher than the first candle of the second top, and usually in this pattern, the trend reverses more quickly. Due to the formation of this pattern and the breakdown of the neckline, the targets of this pattern are the $100,000 or $90,000 ranges. But if the trend reverses and the candles manage to break the previous top again, my analysis will be invalid.

The currency's support and resistance levels are shown on the chart as Fibonacci levels. If the red downward trend line breaks upwards, we can expect the currency to grow.

I foresee this type of movement for this currency to continue.

Bitcoin is moving in the form of an ascending channel. With each time the previous high is broken in the recent upward wave, it has managed to record a new high, but each time the strength of the candles has decreased and the momentum of the candles has weakened. A negative divergence is seen on the daily and weekly time frames. Also, in the past two days, we have seen a very volatile market, but Bitcoin has not managed to record a new high. In my opinion, a correction in Bitcoin at this stage is more likely than an increase. If Bitcoin can break its previous high in the $109.800 range, it can also grow to the $121.300 range. However, given the bearish signals, there is also a possibility of a price correction to the $94.500 range, and if this range is broken, the next step is the $86.200 range, which is of course unlikely to reach this price.

The trend seems to be still bullish And in my opinion at this point, gold could climb to the $3,660 range.

See and enjoy the unique beauties of technical science in the chart. Goals are visible in the chart

I really liked the chart of this currency. How beautiful it is, it has returned to an upward trend.

There is a lot of room for fundamental growth It just takes a little patience.

Oh my God, what a lofty goal!!! If we look at the decline of the past two years and the growth of this year in the form of a continuation cup pattern, any correction in Dogecoin would constitute the formation of a cup pattern, the purpose of which is clear in the chart.