ARN/BTC
-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...
ARN/BTC
-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
ARN/BTC
ARN fell below the 50 Day MA plus 100 Day MA but currently holding the upward trend-line support. If price can maintain this level within a week.
There is a probable chance to continue the uptrend as the market structure is still valid for a bullish breakout. Otherwise, closed below 1700 sats will start a longer bearish action.
ARN - Aeron forecast
Frame: 1W/ 1D/ 4H minor uptrend.
Short time: minor upward, refer zone BUY and SELL (bellow )
News: Aeron - a blockchain service for safety aircraft will up a beta testing in real flights in Apr.2019
ARN/BTC Binance
BUY zone:
0.00010100 - 0.00010500
SELL Target:
0.00013128
0.00015131
0.00017454
STOP LOSS: under 0.00009443
***
ARN -...
So if you been buying in the buy zone
as I told in my previous post
where did I say my ultimate buy target for ARN was. YESS 16k sats was well It did get there.
If you bought the bottom you'd have made a 9% ish
SO for now I'm seeing that a little correction is possible
but the big picture is still intact
macd and rsi starting to curve to the upside BUT this...
update on a 1h TF
see previous post.
1h macd crossing can we expect a pop ?
Is this the bottom ?
ultimate buy target is around 16k sats if it doesn't get there it's okay because you've probably been buying in the green box
Guys if you're new to this market don't go all in just average down or up depends what direction the trend is moving.
Have you ever find yourself entering a trade because you saw it went 50-100%. As soon as you're in, it starts dipping? Well the reason is because after a big run. The market needs to relax before it can pickup momentum again. When this happens, we enter a consolidation phase. Depending on the time frame. The consolidation can last really long. This is when your...
ARN is currently sitting at .786 Fib level. Looking for upward movement soon. We could see a move all the way down to the the 25420 level. Chart is relatively simple. Questions, comments, criticism always appreciated.
Cheers!
Aeron had a sudden surge in price with over 400% gain over the course of 3 days then dropped over 50% in a night. While a bearish descending triangle was formed which indicates a downward trend, it bounced off of major support level and bounced out of this descending triangle. With the breakout of the descending triangle, this shows that the bulls are once again...
