Get started
AR / TetherUS
Long

Long AR

By evasivesteering
Updated

AR forms an accumulation schematic following Wyckoff method. Spring event has just happenned.

Moreover, the volume indicator CMF has also successfully retested the broken trendline.

I opened Long here and target $80. First TP would the the range's high.

Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

Note
News on MT_Gox distribution appears (again) and I see that there's an CME gap of BTC at $57900. For these reasons, I moved SL to entry.
Note
+27% since entry ($25)

snapshot
Note
+37% since entry
snapshot
Supply and Demand
evasivesteering
Also on:

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.