Hello everyone, this is our view on arnbtc, enjoy!
Analysis:
In a bull flag ready to an upper retest, big falling wedge playing out and we may expect it to bounce and reach newly it, W gartley setup and we're at the end of a triangle wave impulse. Good accumulation, signals of an incoming breakout will be golden cross ma9-25, breakout of wma and ema25. Target short-term on ema200, support on wma50. Rebouncing from mid bollinger band and then we'll try to breakout higher one. Big resistance of ichimoku cloud, bullish itself. Bull divergence on many laggings (chaikin, moneyflow, rsi, stoch and uo), which are growing in a minor uptrend. Bearish divergence on stoch (14,3,50) instead. Bull divergence also on ao and macd, which mark a growing momentum in accumulation.
Strategy:
Entry: 1429-1389-1331
Target: 1462-1544-1633
Sell (HODL): 1899-2202-2340-2500+
Stoploss: 8% from entry price.
HIGH RISK FOR BIG GAINS!
Trade safe. Anlvis.
Analysis:
In a bull flag ready to an upper retest, big falling wedge playing out and we may expect it to bounce and reach newly it, W gartley setup and we're at the end of a triangle wave impulse. Good accumulation, signals of an incoming breakout will be golden cross ma9-25, breakout of wma and ema25. Target short-term on ema200, support on wma50. Rebouncing from mid bollinger band and then we'll try to breakout higher one. Big resistance of ichimoku cloud, bullish itself. Bull divergence on many laggings (chaikin, moneyflow, rsi, stoch and uo), which are growing in a minor uptrend. Bearish divergence on stoch (14,3,50) instead. Bull divergence also on ao and macd, which mark a growing momentum in accumulation.
Strategy:
Entry: 1429-1389-1331
Target: 1462-1544-1633
Sell (HODL): 1899-2202-2340-2500+
Stoploss: 8% from entry price.
HIGH RISK FOR BIG GAINS!
Trade safe. Anlvis.