ARN: Descending WedgeHave you ever find yourself entering a trade because you saw it went 50-100%. As soon as you're in, it starts dipping? Well the reason is because after a big run. The market needs to relax before it can pickup momentum again. When this happens, we enter a consolidation phase. Depending on the time frame. The consolidation can last really long. This is when your patience is put to the test. Do not buy at the top. Wait for a slight pull back in a form of a bullish formation: flags, triangles, holding support, etc. Then buy.
Currently we have a bullish breakout for ARN followed by a consolidation. It seems to be forming a descending triangle/wedge formation. A very common pattern in all markets. We will look to enter at leg E for a 100% potential earning. What are your thoughts?
Trade with care.
ARNBTC
ARN ARN is currently sitting at .786 Fib level. Looking for upward movement soon. We could see a move all the way down to the the 25420 level. Chart is relatively simple. Questions, comments, criticism always appreciated.
Cheers!
ARNBTCaquí aporto mi opinión, no es un financial advise si pasa la resistencia encuentra los siguientes puntos si las sostiene.
ARN/BTC looking to breakoutForming a nice bullish pennant and RSI is over sold. new to charting we'll see if this crypto breaks out.
ARNBTC - looks like sh!tLooks more like a bearish retracement and about to fall over. I could be wrong.
I road this pump and dump up and after reading a ton of FUD online and just the whitepaper in general - I'm like wtf? - Ain't no time for drama even if its fake news.
Either way, both chart and research say this is dog sh!t. Then again, I thought snapchat was dog sh!t and it still managed to IPO somehow.
ARN retracement +50% or higher. Falling Wedge broken up. Short This is a 5-10 hour trade.
Broke out of the down trend. We can see an easy 50%+ or higher depending on when you get in.
CCI looks great
Macd looks great
Falling wedge broken
Reversal happening.
This is a 5-10 hour trade.Broke out of the down trend. We can see an easy 50%+ or higher depending on when you get in.
CCI looks great
Macd looks great
Falling wedge broken
Reversal happening.
This is a 5-10 hour trade. Broke out of the down trend. We can see an easy 50%+ or higher depending on when you get in.
CCI looks great
Macd looks great
Falling wedge broken
Reversal happening.
This is a 5-10 hour trade.
First target 43000
2nd Target 47000
3rd Target 51700
ARN long signalIf you missed the signal in my group for the first entry this might be your 2nd chance
MACD 2h crossed
RSI bullish divergance
Strong supports
www.youtube.com
coinmarketcap.com
ARNBTC second waveGood opportunity here to pick up some ARN/BTC as it is building strength for second wave.
ARN - Ready to take off?Aeron had a sudden surge in price with over 400% gain over the course of 3 days then dropped over 50% in a night. While a bearish descending triangle was formed which indicates a downward trend, it bounced off of major support level and bounced out of this descending triangle. With the breakout of the descending triangle, this shows that the bulls are once again gaining grounds. With it's low circulation in supply and low market cap, this coin is very attractive to investors who are planning to long hold. The sudden increase in price and volume made it one of the top 10 highest volume coin being traded on Binance. It could potentially form another all time high within a week.
ARN +600% yesterday, will it continue today?Tradingview doing some maintenance, so I'm keeping this short
