My friends, we hit it perfectly with ARPA Chain last time, 90% profits in one jump, but will this happen again?
See it here:
ARPA Chain Chart Analysis by Alan Masters
After the last bullish wave, prices for ARPABTC retraced by 100%+, giving us a new low... This is good news.
Now that all gains were removed, the sellers are exhausted so we have a good place to buy.
Prices for ARPABTC are now moving above EMA10 (0.00000101), a close above this level and the bulls start to shine, meaning, the potential goes towards the upside.
We have bullish divergence with the MACD and RSI.
Recently ARPABTC hit a new low but the RSI and MACD hit a higher low, compared to Jan. and Dec. '19. This is a strong bullish signal.
As shown by the green arrow, ARPA Chain can easily grow here.
Remember to have a plan if you decide to trade. Make sure to hit like to show your support.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.