According to the chart, the ratio of gold to bitcoin is very likely to fall * In this case, either gold should have a significant drop, which is a little unlikely, or bitcoin will grow, which is more likely to grow bitcoin.
If Bitcoin can maintain the level of 37100 and reach the level of 41000 with a positive daily candle and breaks the downtrend line upwards, at the time of correction, a buy trade can be made for the targets of 47000 and 55000.
* The disadvantage of this analysis is the closing of the daily candle below the level of 35,500
If in the right area the pattern of the head and shoulders was seen in the time of one hour, a good upward candle is suitable for a buy transaction.
If the specified support area is lost with a good hour candle, we will proceed with the sale transaction
