ARN/BTC
ARN is starting to make a bullish move after the price rose by over 20% move in a day.
If ARN can't break this trend-line resistance, Bulls still have a chance to consolidate for a few days,
form base support then re-attempt to break this trend-line.
Once this line is broken, we can expect further growth up to the 200D MA dynamic resistance area.
ARN ANALYSIS
ARN has broken into a new historical low following the path of many other alt coins. I do expect a small relief run for alts though, and expect ARN to jump out of this low back up to accumulation zone at T1 of 1750 sats. I also am looking for main rejection at the major 50 & 100 moving averages at T2 of 1940. The main zone to watch though is...
#BUY
ARN is having a big chance to raise price up in near future
Best Buyzone : 4800. However, it's not easy to return to this buyzone so you can buy back to 4800 from current price 4950
Sell targets should be 6000 and 7445
Stoploss if price is lower than 4800 and will consider buying back around 4000
