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ARPA Chain / Bitcoin

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ARPABTC trade ideas

ARPA/BTC TA Update (Retest Bottom Trend-line?)ARPA/BTC ARPA is forming a beautiful bullish descending channel on the 12-hour time-frame. Though I'm not confident the 114 sats area will hold as the RSI is likely to enter the oversold territory again in the coming days. The price could drop to the bottom trend-line at around 110 - 101 sats levels before we could see some potential buyers to step-in. If ARPA hits my buy zone area, I'm expecting the price to consolidate in those regions for at least a week before it will try to push Higher. It is a long process but that's how the market cycle goes.
Long
by PolarHusk
Short term LONG position.I really love this kind of set up. Cyclical in nature and can depend on it most of the time. However, end of the year and holidays make this a bit risky. It may play out as described but only possibly after the new year. Any other time....I'd be all over this . Also....this is a very new coin and has yet to register much of a performance to gauge any realistic forecast. My best advice for most of you ......avoid this trade for now. Too risky in my opinion. I'm interested in what you think . Please leave a comment on your thoughts. Regards.
Long
by nea55
1
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
Long
by StevenAitchison