ARN/BTC TA Update (1st Bullish Move?)ARN/BTC
ARN is starting to make a bullish move after the price rose by over 20% move in a day.
If ARN can't break this trend-line resistance, Bulls still have a chance to consolidate for a few days,
form base support then re-attempt to break this trend-line.
Once this line is broken, we can expect further growth up to the 200D MA dynamic resistance area.
Arnbtclong
ARN ANALYSIS (NEW HISTORICAL LOW HIT)ARN ANALYSIS
ARN has broken into a new historical low following the path of many other alt coins. I do expect a small relief run for alts though, and expect ARN to jump out of this low back up to accumulation zone at T1 of 1750 sats. I also am looking for main rejection at the major 50 & 100 moving averages at T2 of 1940. The main zone to watch though is 1920-1980 sats. I place T2 directly between these to make sure take profit is hit here— as it is important in case of strong rejection or scam wick. A push back down to bottom lows is not unlikely. RSI and stoch look to have flipped for a small pump back up, but I dont think buyers will be able to push outside of the bearish trend yet.
Possible Entry: 1550 sats
ARN/BTC TA Update (Must Hold Trend-line Support)ARN/BTC
ARN fell below the 50 Day MA plus 100 Day MA but currently holding the upward trend-line support. If price can maintain this level within a week.
There is a probable chance to continue the uptrend as the market structure is still valid for a bullish breakout. Otherwise, closed below 1700 sats will start a longer bearish action.
Daily Bullish Signal $ARN #ARN ARN/BTC (05 November)BLUE ARROW indicates Expected Time and Targets
#ARN (ARN/BTC)
Buy : 10500-10800
Stop : 9000
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Daily Analysis: Long PositionHi Dears,
If it goes above the yellow circle it will increase to 0.00015440.
And about 47% profit!
But remember that nothing in this world is 100%
Good Luck
