ARUSDT Potential PositionAs observed on the chart, the price has a bullish trendline which has already been broken, furthermore, the price is currently in a trading range. It is likely that this trading range is going to be broken towards the bottom, which could in turn enable us to open a short position. However please keep in mind that if the trading range is broken towards the top, we could easily expect a long position opportunity. Either way, keep an eye on this and wait for an entry.
Arusdtsetup
ARUSDT Trend Broken & CwP Pattern | Expecting +65% MoveARUSDT Trend Broken & CwP Pattern | Expecting +65% Move
AR/USDT successfully broke the trend line that existed since November 5, 2021, and completed a strong bullish pattern called Cup and Handle.
Note:
1. Do your own analysis
2. Spot trading only
3. Do proper risk and money management
4. Respect your stop loss
5. I will not be responsible for any of your loss
6. Trade on your own Risk
7. Take the low risk that you can hold
Buying Zone: 59 - 61 - 62 - 63
TP1: 66.21
TP2: 73.46
TP3: 81.89
TP4: 91.05
New ATH: 101.55
SL: 51.42
Trade Risk: 14%
ROI: 64% - 67% - 70%