ARN / BTC, A Good Swing Opportunity!
Updated
Hello, and thanks for visiting!
I´ll get straight to the point. Both the RSI and StochRSI shows good values.
I´ve drawn a Support Line, which is the lowest it can go if this the fourth Elliott Wave.
This happens to be right below the golden pocket (0.618 Fibonacci Level).
My Bullish Prediction: If the support holds, we could get as high as last top or even higher.
My Bearish Prediction: If the support breaks, we will see another correction and drop down to a 0.782 Fibonacci Level.
My stop-loss is at 5%. Stay safe trading guys, that´s the best way to make the profit!
I´ll get straight to the point. Both the RSI and StochRSI shows good values.
I´ve drawn a Support Line, which is the lowest it can go if this the fourth Elliott Wave.
This happens to be right below the golden pocket (0.618 Fibonacci Level).
My Bullish Prediction: If the support holds, we could get as high as last top or even higher.
My Bearish Prediction: If the support breaks, we will see another correction and drop down to a 0.782 Fibonacci Level.
My stop-loss is at 5%. Stay safe trading guys, that´s the best way to make the profit!
Note
Also, you can follow me on Twitter (mariusbless) where I will daily post crypto related stuff! Have fun!Note
Breakout confirmed!
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