milad_ghaheripour

milad_ghaheripour

Stellar has started a new trend after testing the canal floor, which it also tested in January, the important resistances are 28, 34 and 43 cents. If we see price stabilization above the resistances, the resistance of the middle line of the channel will be testable and I expect the reaction of traders to this line.

milad_ghaheripour

As you know, Bitcoin has faced a strong resistance after the price increase from the bottom of the channel from $ 29,000 to $ 39,000. On January 21 and June 2021, Bitcoin could not overcome this resistance and experienced a price reduction of up to $ 28,000. This means that the price may not be attractive to buyers and cause a reduction in price. Also, if the...

milad_ghaheripour

The (4hr) time frame shows us that the candelabra have reacted to the impact with the canal floor and are expected to be bullish. Also, the important Fibonacci points and the large volumes traded in those areas give us resistance after the collision. Shows the price of the channel below the price, if the price breaks from the bottom of the channel and stabilizes...

milad_ghaheripour

Considering the visible volumes from 300 to 350, I can say that there is a strong resistance area to cross, and if the price passes and stabilizes, we will test higher prices and resistances. And if the negative news affects the market and we do not cross this area, we will see lower supports.

milad_ghaheripour

Dot is testing the resistance area in (1D). It seems that if the psychological conditions of the market are positive, it can overcome this resistance. Otherwise, I can imagine lower prices according to the chart for dot. Thank you for your attention.