ThinkLikeaWhaleTLAW

ARRR update Crack in the Cup? Either 16.00 or .88c

Short
HITBTC:ARRRUSD   Pirate Chain
Not financial advice.
Do not FOMO.
DO NOT OVERSPEND!!!!
Can't say this enough..
Look at previous analysis where i speculated a cup and handle.
Still okay there SO FAR..... But very concerning trend here. Lower volumes.
Lower Daily highs.
6.20-6.60 is the "Cup" for the cup and handle
Super important level to hold.
Wait for confirmed breakout before entry
Or place small orders just in case we turn to the upside.
Orders very very small
2-7.00 range
Example
10.00 @ 2.00 range
10.00@ 3.00 range
10.00@4.00 range
10.00@5.00
10.00@6.00
10.00@6.60
10.00@7.00
This minimizes your loss while catching the potential bottoms. And let's you know to insert more capital or take the minimal loss.

Will know more in few days.
Highlighted levels for potential breakout
Mid 8 range.
Sorry Guys. Risk not worth reward at the moment.
To be 100% honest. This isnt looking pretty.
I'd be more keen to bet on previous retest of all time high of 1.40-1.50 range.
Especially if we lose the 7.00 range on the daily.
I'm out... Just my profit was left in.
My initial investment has been pulled for some time now.
Just an update from previous chart
We could be looking at a potential pullback to .88c range if we can't stay above the 6.60 range.
7.04 is baseline.
Cup and handle is still in effect if the 6.60 level holds.
Patience is what we do here....
Minimize losses catch the dip.
For confirmations.
Support the legalizedhustler
#hustlabynature
#financialnostradamus
#poorfromtheoutside
#PFTO

Comment:
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