Trading suggestion:

• By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

Midterm forecast:

• While the price is above the support 21.150, beginning of uptrend is expected.
• We make sure when the resistance at 50.170 breaks.
• If the support at 21.150 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

• While the RSI downtrend #1 is not broken, bearish wave in price would continue.
• A peak is formed in daily chart at 41.25 on 12/27/2021, so more losses minimum to Major Support (21.15) is expected.
• Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
• Relative strength index (RSI) is 34.

Supports and Resistances:

1. 237.90
2. 195.55
3. 167.60
4. 136.80
5. 119.25
6. 96.65
7. 66.50
8. 54.90