This is called falling off a cliff . ARN just got delisted from Binance , though technically it happens on the 20th of July . But you can clearly see the whole chart looks like it's taking a hard dive down ! Don't touch this . In case you didn't know then let me tell you - "Never put all your eggs in one basket " . That way if one of your holdings tanked like...
-after the Binance news to delist this coin
-the price has dropped down to 400 sat
-but eventually when shooting up back to 1600 range
-there is a strong sell pressure
-I don't think this current price level will hold
-the important zone to watch is 1200-1000 range
-where we could see another potential reaction bounce up
-do not trade this coin if you...
Aeron (ARNBTC) cements its uptrend by printing a higher high... This is a very strong signal.
Higher highs and higher lows are what we are seeing here with bullish indicators.
On this chart I would like to show the next target, sitting at 20% from the current price followed by 68%.
Previous chart | Jun...
BINANCE:ARNBTC on a symmetric triangle formation, looking ready to break upwards.
Would buy on a breakout with a stop below.
Target 1: 0.00002034
Target 2: 0.00002191
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>>> Weekly closed above 21 MA.
>>> Breakout from falling wedge with daily candle close.
>>> A daily close above 200 MA will makes this bullish.
>>> 1st Resistance: 2350-2500.
>>> Main resistance: 3150-3450.
Aeron (ARNBTC) is looking nice now that prices are finally moving above MA200 (0.00001534).
We are looking at the daily (D) timeframe, meaning that each candle on the chart goes for 24 hours.
Breaking above MA200 is only confirmed when the daily candle closes at 00:00UTC.
A bullish close above this level can lead to additional growth.
Here we have 75%+ mapped...
Flipped ~1300sats into support w/ spikes in volume..
UCTS Showing 1D Buy signal & LTFs
If continuation happens (volume keeps 📈), then next target should be ~1700sats (+20%)
If you are willing to take a chance here, add as close as possible to support level...
-a bullish descending channel is forming
-a big spike in volume before a potential breakout
-two entry point strategy is here
-buy on current price levels and SL below swing low
-or buy during the breakout of the pattern
-both have risk involve and reward
-please apply risk management