We like the bottomed out pairs.
We like low pricing.
We like low risk.
When the action is ongoing, the risk is higher.
Charts like this one: get out right after getting in.
Charts at the bottom: buy and hold is easy.
Arwave (ARUSDT) is moving above EMA100 weekly with a super strong RSI.
➖ Long-term, means the entire bull-market.
➖ Short-term, means the bullish wave that is happening now.
Short-term it can grow strong and then retrace.
Long-term it can produce higher highs and higher lows.
I see potential for additional growth as the week will close strongly bullish.
Just keep in mind that this pair has been moving up since October 2023. A retrace can start any day, anytime.
Thank you for reading.
Namaste.