ARN update 1/06

hello guys

Here's an little update on arn

In my previous post my 2 targets were hit, so I hope you've took some profit to reload lower (maybe now your choice) .

This is how I see the 5 sub wave's of the 1st impulse wave up (at this moment).
If I'm correct we should have formed a support at 154k sats.
I see a decent chance to hit my target zone maybe more but that's not certain.

What I don't like how the macd is ticking down and trying to cross bearish on the 4h, but on the daily it looks to me like a small pullback and I expect it to reverse.
RSI on the 4h finding support imo.

btw I'm still in my trade, that's all for now.


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good luck !!


DISCLAIMER:
The Legal stuff - I'm not financial adviser.

Comment:

I was right on this one, like I said the rsi found support and now I can confirm that we found it at 154.

we're getting and inside day and a daily hammer this is quite positive.
this gives us more chance to start and confirm the reversal imo and finely get some decent profit.

+ we've a weekly hammer as well.

look at the big picture and we're good to take off for what the coins was invented to do (btw this is a joke)

tip: don't sell too soon set a good stop and let it ride also don't forget to lock in some profits.

Trade closed: target reached:

so that was an good 10%

Comment:

giving it time to retrace

Comment: