As referring to my previous idea, ARUSDT nicely touch on the target price but was unable to break through and retrace nicely which shows support at the yellow trend line. As it's approaching the tip of the triangle between the yellow line and the red line, it's time to observe again. For me, I personally think that it has a higher chance for the price to go...
As referring to my previous idea, instead of going up, the counter enters into a ranging period. therefore we can implement buy low and sell high within the range in this case. if there is 1 day the price break through the top-ranging area, we can buy when the price break and see supported when pulling back.
As refer to my previous analysis, the Price has broken new high and new low as shown in the yellow dash line. Therefore, the estimated price need to adjust accordingly. Referring to the estimated price shown in the purple dashed line, the target price has just reached. Price is aspected to retrace first.
Supermax is at the support line at the moment technically. Additionally, day chart is at Demark 7 now plus the blackcat-L1-L3 signal show there are some chip accumulation at the bottom recently as well. Stop-Loss can set around 3.075. if can break the triangle, price would rally higher.
In my previous idea, my share that ARUSDT possible entering into 5th wave. This idea shown that the possible forecast target price that it may hit.
The chart show that the price broke the previous high and retreve and supported at the lower purple box area and start showing sign of support. In bigger picture, it's pretty much showing the start of 3rd wave. P&L chips also showing there are no loss chips at the moment which mean that the price is easier to rally higher in this case.