Hello, dear TradingView members. This idea is an ARPA analysis.
ARPA had a pump after breaking the upper band of its consolidation range. Now it made the BB vast, passed the upper band, and caused the market to turn overbought. It also touched the Fib range, which caused the price to back down. Right now, it's testing the key zone and the middle BB. If it passes it, it'll go lower, But if the middle BB acts as support and holds the price up, then we might see another pump.
Scenario one: The price will get supported by the middle Bollinger Band and the Key zone and goes up for another test.
Scenario two: The price will lose volumes, pass the middle Bollinger Band, and fall on support levels.
RSI is showing Neutral signals.
The Speedometer indicator shows Buy volumes on the market for ARPA on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions; I will be more than happy to help.