ARPABTC
ARPA Chain Hits A New All-Time Low, What Happens Next?23 December ARPA Chain (ARPABTC) hit a new all-time low... At the same, bullish divergence is building up with the MACD and RSI.
The price for ARPABTC is starting to bounce and we have good chances of seeing a new bullish wave develop here.
The market moves in cycles, up and down, up and down, down and up...
ARPA Chain has been dropping since August when it peaked (down)... It is time for some UP!
Additional details on the chart.
Namaste.
Bullish Pennant (ARPA/USDT)Arpa gained 2x after a double bottom.
I believe it's in a bullish pennant in recent 2 weeks.
I take $0.021 as support, $0.025 as resistance for this pennant.
Watching Bitcoin is important in these days.
I added my ARPA/BTC analysis link below.
I prefer to do not trade (buy or sell) until it breaks its support or resistance.
Happy Trading! ☺️✌️😊
What do you think? Any comment? 👇👇👇
Worth to Consider Arpa Chain (ARPA/BTC)It's trying hard to stay above 100 sats.
We have strong buy signals but it's still struggling with McGinley Dynamic.
Leaving McGinley behind will be a another bullish signal.
I'm currently positive to take a long position with a close Stop-Loss.
Don't forget to update your stop-loss in your every trade at least daily!
Target: 193 sats
Stop-Loss: 95 sats .............Huge Risk/Reward right! 🤞😉🤞
Happy Trading! ☺️✌️😊
What do you think? Any comment? 👇👇👇
ARPAUSDT, Get ready to fall...We can see at the chart an accumulation above the Key Level.
But, it didn't break the first time.
Now after the closer retest the possibility to break is huge.
Let's catch the best Sell entry together!
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
ARPA/BTC (Testing Major Support)💎Technical Analysis Summary💎
BINANCE: ARPABTC
-ARPA Chain is testing major support area at 200s sat
-This level must hold for a few days and form a base of support
-If any reversal signs or Bullish rejections is seen
-Wait for a breakout on a lower timeframe like 4H period
-The upside potential target is up to 300s sat
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ARPA/BTC (Bearish Candle Rejections)BINANCE: ARPABTC
-ARPA Chain is painting bearish rejection candles around 432 sat
-This is a sign of weakness during its uptrend
-Though the upward trendline of support still valid
-But it is giving us a warning sign of profit-taking
-If the trendline of support will be broken down
-That will signal a Swing Lower High and start of a downtrend
-Please use stop loss and if you are in profit, move up your SL below support