ARC / USDTLong
Is ARCUSDT Gearing Up for a Breakout?
Updated
Yello, Paradisers! #ARCUSDT has been regaining strength after a corrective phase, showing promising signs of a rebound. Recently, the price formed a double bottom, a bullish pattern that often signals a trend reversal. Momentum is building as the price begins to break above this key structure, setting the stage for a critical test ahead.
💎The spotlight now is on a descending resistance at $0.04120, which has consistently capped #ARC’s upside potential. A breakout above this level could be the game-changer bulls are waiting for, paving the way for a bullish rally targeting $0.0510 to $0.0540. These levels align with moderate resistance zones and the double bottom's projected pattern target, where profit-taking might emerge.
đź’ŽIf the bullish momentum remains strong, ARC could aim even higher, testing the next major resistance around $0.0630 to $0.0650. This range represents a robust supply zone that traders should keep on their radar.
đź’ŽOn the downside, the neckline breakout level at $0.0370 to $0.03550 is a critical support zone. Any retest here is likely to attract significant buying interest, bolstered by the protective cushion of the EMA-200 and EMA-100. This confluence adds an extra layer of confidence for bulls preparing for the next move.
Patience and discipline are key here, Paradisers. The market often tests both bulls and bears before making decisive moves, so stay vigilant.
MyCryptoParadise
iFeel the success🌴
💎The spotlight now is on a descending resistance at $0.04120, which has consistently capped #ARC’s upside potential. A breakout above this level could be the game-changer bulls are waiting for, paving the way for a bullish rally targeting $0.0510 to $0.0540. These levels align with moderate resistance zones and the double bottom's projected pattern target, where profit-taking might emerge.
đź’ŽIf the bullish momentum remains strong, ARC could aim even higher, testing the next major resistance around $0.0630 to $0.0650. This range represents a robust supply zone that traders should keep on their radar.
đź’ŽOn the downside, the neckline breakout level at $0.0370 to $0.03550 is a critical support zone. Any retest here is likely to attract significant buying interest, bolstered by the protective cushion of the EMA-200 and EMA-100. This confluence adds an extra layer of confidence for bulls preparing for the next move.
Patience and discipline are key here, Paradisers. The market often tests both bulls and bears before making decisive moves, so stay vigilant.
MyCryptoParadise
iFeel the success🌴
Trade active
đź’ŽJust like clockwork, #ARCUSDT is tracing our forecast, hitting that sweet 40.16% growth mark.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.