ARPA Chain / TetherUS
Long
Updated

Catch ARPA's explosive move

902
ARPA has been stagnant for a long time and has not moved up.

On the chart, we have a good demand that creates a very good R/R for positioning. From the green range, it is prone to growth towards the targets.

Do not enter above the green range, and if it enters the green range, don't forget capital management and stop setting.

Closing a 4-hour candle below the invalidation level will violate the analysis.

If it reaches the green range, we will enter but not higher!

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Note
snapshot

About 15% of the specified area was rejected. We need a trigger and confirmation to buy, because the green range may be lost due to the pressure of selling Bitcoin

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.