Currently ARN is under the pressure of sellers left from 1st of December. If we had a usual market situation with bearish BTC I wouldn't touch that coin at all. But now that we have some positive movements ARN can make its shot and gain from 8% to 20% from where it is now. No, really, that ain't such a good trade from a first glance but it can breakout. I...
BINANCE:ARNBTC ARN Airdrop on Nov. 30th, Strong Fundamental coin.
This is a similar situation to my last idea about RVN/BTC. Here's the daily view: That red block is a 4H block where the price bounced from. Since then we haven't locked below the middle of that daily(green) pivot block, which is a good sign. On the 1H chart, there's the resistance level we're now pushing up against. IF it breaks, we can find a buy...
ARN made golden cross! But who cares! We are in bearish market! SMA(50) crossed over SMA(200)!
Bearish DIV on the daily .. Keep an eye out for an entry on this one.
After the retest the white pivot line which rests inside the optimal fib retrace zone, I expect ARN to move and try to take out the highs outlined above. If it does take off, I'd recommend taking some profit at each of those levels.
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Hey guys! ARNBTC is in correction mode and great chance to enter after correction. ARN proves that 30-50% profit is easy for himself. RSI shows us another wave of correction is coming and we're going to see another oversell. So base on some calculation the support line for entry is 9800 exactly on the support line A. But support B is also blinking it could...
Beyond technicals but there are some visuals to get excited about. Let's hope for a nice break out of this descending triangle.
BLUE ARROW indicates Expected Time and Targets #ARN (ARN/BTC) Buy : 10500-10800 Stop : 9000 Follow me for more signals
ARN breakout bearish trend line and congestion zone. If ARN make new high, we put bullish trend line below and new trend will be bullish. Support is on low of congestion zone.
ARN found support @20 day EMA, and bounce UP. If ARN show some strength and break resistance @0.00011719, this will be the good sign. ARN will make new HIGH and change 1h trend. We can put new bulish trend line on chart ;) But bears are very strong! Next hours will be very interesting.
Hidden bullish divergence spotted on the 8h chart for ARN. I expect a rebounce towards to test the purple line (12877 staoshis).
After H&S pattern, ARN lost 5%, and then bounce on previous support. But this support is broken in last hour, and cleared too in time when I wrote. ARN make new low, trend line is move above last pivot high. I think we are going down another 5-6% to daily EMA(20), and then we will see...
In my previous setup, I put my stop loss in wrong place and not below HL. So my previous enter ended with stop loss. Bears tested previous low, but didn't broke it. So I enter new limit order. Bearish trend line become support. We will see if I can finally make some profit ;) Fingers crossed! ;)