ARPA Chain (ARPA) Pump coin. Important area. Pivot points.Young coin. It was created in July. Satoshi price, therefore it is easy to pump up and keep the price, a lot of coins. People are not afraid to buy cheap even on "X")) The coin was made only to earn real money temporarily, on those people who believe in legend and perspectives.
The legend of the project is a confidential computing network. Traded on the HUOBI exchange. After the pump, + 270% was added to the Binance exchange. The chart on the Binance exchange gives users the impression that the coin is new and has not yet been pumped. Therefore, they are not afraid to buy.
Now an important area for observation, the price is near the local downtrend (yellow line). If the price breaks it and fixes above it, the “Dragon” figure can work out at a local level. Potential from +25 to + 85%. That is, the length of the Dragon Tail. Pay attention to the uptrend line (yellow); in our case, it also acts as a support. Further price movement depends on the reaction of the price to this trend line.
Also, from the zone that I specially singled out, the figure "Head and shoulders" can be formed . But even in this case, you can snatch + 25%. But in any case, be careful.
Entrance when the price fixes above the local downtrend . All pivot points of prices and targets are shown on the chart.
Target are shown on the chart with various potential movements.
Stop loss
Under key support levels during your entry into the market.
Arpachain
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/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)