ARPA/BTC - Local bottom (74%+ Potential Profit)

٢ ديسمبر ٢٠١٩

Great area for buying.

My reasoning:

• Location: Reload zone within a reload zone.
  
• Structure: Double bottom (previous week's open acting as support)
  
• Divergence: Healthy OBV, Willy coming out of stupid, histogram divergence has been confirmed on the 12HR.
  

I will target the Kill zone (red box) of the recent range. If price reaches the top of the box, it will be a 100% trade.

4HR:



1HR:

١٠ ديسمبر ٢٠١٩

أغلقت الصفقة: تم الوصول لوقف الخسارة

How about that Binance dump? Market structure broken so I've exited the trade. If the selling continues, the next area of interest is at 104-105 sats. This is last month's open - purple line.

١٠ ديسمبر ٢٠١٩

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