ARPA | Looks Juicy..!!ARPA (ARPA Chain)
Forming Bullish Divergence Pattern in USDT Pair & Falling Wedge Pattern in BTC Pair..!!
Volume is Increasing So Keep Your Eyes on it..
What is ARPA Chain?
ARPA is the world’s first privacy-preserving computation network that’s based on MPC. ARPA enables private smart contracts on blockchains acting as a layer 2. ARPA is committed to providing secure data transferring, sharing, and joint-analysis solutions based on cryptographic operations and blockchain for businesses and individuals.
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Arpa
ARPA/BTC - Local bottom (74%+ Potential Profit)Great area for buying.
My reasoning:
Location: Reload zone within a reload zone.
Structure: Double bottom (previous week's open acting as support)
Divergence: Healthy OBV, Willy coming out of stupid, histogram divergence has been confirmed on the 12HR.
I will target the Kill zone (red box) of the recent range. If price reaches the top of the box, it will be a 100% trade.
4HR:
1HR:
ARPABTC look at whole sceneryWhen you look at Arpa after binance listing, you can see the correction around 135-140 which was the price before Binance listing. We can see a bit longer consolidation process at current level and slowly will go up with the mainnet news and trade event activity on binance in December.
ARPA - Possible Break To The Upside of 30%+Arpa has dropped ever since its debut on Binance from 292 to its current level of 152. Here's a few bullish indicators which could see it jump over the next few weeks:
Looks like things could turn around from here. A strong support at 141 satoshi,
MACD crossover on the 4 hour,
Low RSI,
Good volume,
Good risk/reward ratio of 3.78 to 186 Satoshis,
Possible breakout of symmetrical triangle. for a measured move up to 192 Satoshis This would be void if it broke to the downside
ARPAUSDT formed bullish Gartley | A good long opportunityPriceline of ARPA CHAIN / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.01460 to 0.01449
Sell between: 0.01469 to 0.01491
Regards,
Atif Akbar (moon333)
ARPAUSDT formed bullish Crab | Upto 25% movePriceline of ARPA CHAIN / US Dollar cryptocurrency has formed a bullish Crab pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.01840 to 0.01722
Sell between: 0.01933 to 0.02154
Regards,
Atif Akbar (moon333)
ARPA healthy correctionThis is only my prediction about ARPA Correction wave.
RSI at over bought level and MACD crossover