without_worries

ARPA Chain - 3500% move to $2

Viés de alta
without_worries Atualizado   
BINANCE:ARPAUSDT   ARPA Chain / TetherUS
On the above weekly chart price action has corrected 80% since late 2021. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Price action confirms support on past resistance.

3) Trend reversal. The first higher high / higher low has printed since 2021.

4) A pennant formation with confirmed breakout. A reliable chart pattern with predictable targets. The Flagpole (blue line) is used to measure the target ($2) from the breakout point. Very similar to the attached MATIC idea @ 1 cent.

Is it possible price action corrects further? Sure.
is it probable? No.

Ww

Type: trade
Risk: <6%
Timeframe for long: This month
Return: 3500%
Trade ativo:
GRM support confirmed + support on past resistance, all on the weekly chart.
Comentário:
Past resistance confirms support.
Trade ativo

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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