shahrad_mtlb

shahrad_mtlb

BTC after stabilizing below the its side box, there is a possibility to rest a little bit and after that have a reaction to the support area as a pullback after that it will continue to decreasing 29660 till 28400-27900 . if there was a reverse sign in the mentioned areas, it may continue the upward trend up to the 32000 and after that 35000.

shahrad_mtlb

According to Elliott waves, we are now in wave 3, but wave 3 is not over yet. We expect it to correct around 6,960 to 7 dollars and continue to complete wave 3 at 9.5 dollars. After the correction of wave 4 to 5.5 dollars, it will rise to 15 dollars, which is around the end of wave 5.

shahrad_mtlb

In my opinion, Ethereum has its most important resistance on the price range of 1790 and it can have a drop to 1500 dollars.

shahrad_mtlb

After breaking the 4-hour upward trend, the price is returning and we expect the price to stop at the 0.4750 area and after that the upward trend will resume up to the 0.5241 and 0.5666 area.

shahrad_mtlb

From a technical point of view, we have approached an important area which is marked by the price. I expect that after hitting and reacting to this area, there is a possibility of falling to at least $19,500.