In this part, if the price can break the triangle that is currently and I marked it in blue upwards, it will be in an ascending channel and I expect the formation of a cup-like state that moves to the price of 1.22
Given the suffering of this currency and the excellent movement of Bitcoin, I expect this currency to move according to what I have drawn.
Of course, I should mention that the upward movement of this currency requires that the Bitcoin currency be stable.
Good luck and profit.
I don't think Bitcoin can cross the downtrend line and we have a drop to $ 41,000 support.
If this trend continues and continues to rise, the resistances will be identified and the bitcoin movement phase will change and move towards the $ 60,000 resistance.