mortezarahbarmasouleh

mortezarahbarmasouleh

As it's shown in the chart, in 4H time frame, with a break up the resistance price around 86.83$ and a consolidation candle above this price we expect an upward move at least to 106$.

mortezarahbarmasouleh

Its moving very weak in this pattern and a move toward 2.1$ could be predicted

mortezarahbarmasouleh

It's clear to me, that the rising wedge will send the price at least to the bottom of the channel, considering that the news of ETF approval, it may go up by a shadow and then starts to correct. and no doubt we are in distribution phase.

mortezarahbarmasouleh

Here the candles are forming the rising wedge pattern and the price would go down to the first ressistance in 6.9$

mortezarahbarmasouleh Updated 

As we see here, we have 2 important level the first one is located in 26800 and if it could clear this level, can go toward 27400 that is strong resistance, we can open short position considering these levels.

mortezarahbarmasouleh Updated 

I think it should go down to complete the cycle that is the 0.7 of the fibo

mortezarahbarmasouleh Updated 

In technical analysis It obviously clear that the price tend to go down, The invalidation of the bearish move is the breakup of the dynamic line with a retest above it.

mortezarahbarmasouleh Updated 

in this trend I think the price should at least touch the bottom of the channel

mortezarahbarmasouleh

ETH in comparison to BTC is at resistance so if it rejected it could be a very strong signal to short every Altcoin

mortezarahbarmasouleh

Here I think we would go down at least to 26800 to test this level unless the price break up the dynamic trend, very simple good luck

mortezarahbarmasouleh Updated 

USDT dominance hit the main support at 6.62 and pumped, I think we are going to have a dump in the market before testing 32000

mortezarahbarmasouleh Updated 

if the price broke the dynamic support and went under 22700 we can expect such this move down that is shown in the chart otherwise we're going to 26000

mortezarahbarmasouleh

As we said in our channel at first step we can touch 20500, if btc made it we'll update the market there

mortezarahbarmasouleh

In daily time frame a weakness in moving toward the upper levels is obvious, so could have provided a short position

mortezarahbarmasouleh Updated 

As it's very difficult in this period of time to analysis the market, but here with a breakdown of 11.2 we can expect lower prices

mortezarahbarmasouleh

As the market and the USDT Dominance are in correction time, the price can test lower supports that are shown on the plan

mortezarahbarmasouleh Updated 

it will break this resistance and this will make a pump on BTC

mortezarahbarmasouleh Updated 

It seems that the resistance has been broken we can take profit on the price of 0.22