FieryTrading

🔥 ARPA Short Term Decline At Hand

Short
BINANCE:ARPAUSDT   ARPA Chain / TetherUS
ARPA has seen, like most other crypto's, a strong decline over the last two days. Since Bitcoin's outlook in the short term isn't that good, I think we will see some more bearish pressure occurring on (especially) overbought crypto's. ARPA is one of them.

On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing lows. Do your own due diligence.

Happy trading!
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Comments

excellent, almost hit TP already.
Reply
FieryTrading ProjectSyndicate
@ProjectSyndicate, both TPs hit actually😜🔥🚀
Reply
great explanation mate thanks
Reply
FieryTrading TradingAxis
@TradingAxis, appreciated
Reply
Great analysis as always! Thanks for sharing
Reply
FieryTrading ForecastCity_World
@ForecastCity_World, thanks!🙏🔥
Reply
Nice work!
Reply
FieryTrading KlejdiCuni
@KlejdiCuni, 🙏🔥
Reply
well done Fiery!!! keep sharing
Reply
FieryTrading TheSignalyst
@TheSignalyst will do, thanks brother
Reply
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