ARPAUSD
ARPA/USDT shows bullish signsARPA/USDT made a strong price correction during this month of September. However, now this asset is beginning to show signs of recovery. Looking at the chart for the daily period, we can see that the price found support at the 0.78 level of the Fibonacci retracement. and now moves with little volatility.
The WT_CROSS indicator is printing a slight bullish signal at the moment. As well as RSI and SMIIG it is very overbought in the daily period with a slight crossing indicating upward bias.
We can see a good resistance at the 0.68 Fibonacci retracement level, exactly where EMAS 20 and 100 are practically crossing in a negative way. However, if the asset price reaches this point, we will have a 30% gain in value.
This is just my observation, not financial advice.
Always do your own research.
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
ARPA/BTC (Bullish Early Sign?)ARPA/BTC
-ARPA Chain is on a short term downtrend from the High at 490 sat
-Its value has depreciated by over -40% at peak
-We can see a downward trendline resistance coming from the top
-This is a local barrier keeping the Bears in control
-During its downfall, we can see a 1st Bullish reaction at Key support area
-This zone is a confluence of Golden Fib, 200ma, and previous resistance zone
-My Bullish bias would be a retest of the recent low at 290 and trendline break up
-You may enter on support retest aggressively or wait for the breakout confirmation
-Either way, you must follow proper risk management and trading size
-Upside potential is up to 437 sat or higher
ARPA broke resistance - does it survive the pullback?ARPA broke the resistance - let's see if it can survive the pullback and reach target 1 & 2
ARPA/BTC (Retest of Old Resist>New Support?)ARPA/BTC
-after the strong breakout at 160 level
-the price rallied by almost 200%
-today, we can see a deep retracement already
-I have highlighted on the chart where potential buyers interest zone
-this area coincides with previous resistance zone
-which has the tendency to become new support
-enable your alert and keep an eye in this level
ARPA/BTC (Bull break?: up to 40% profit)ARPA/BTC
ARPA is holding the 50MA on the 12H chart for almost 24hours now if this level can hold strong for more than 48hours.
There is a high chance this coin will break to the upside in the coming days.
Our upside target is up to 144 sats and stop-loss below 94 sats.
$ARPA - Triangle on watchlist$ARPA is drawing a triangle ?
Waiting to breaking up or just playing support with tight SL
Not A Financial Advice
