Arweave Cup & Handle Bullish Breakout (+Targets)
We have the same pattern also for Arweave (ARBTC) but we will look at it in the C&H way.
We have the cup and handle pattern with a bullish breakout.
The day that ARBTC went above EMA50 is also the second highest volume day for this pair on this chart.
Signaling buyers pressure (strength).
Additional details on the chart.
Namaste.
We have the cup and handle pattern with a bullish breakout.
The day that ARBTC went above EMA50 is also the second highest volume day for this pair on this chart.
Signaling buyers pressure (strength).
- When a pair is trading above EMA10 we say the short-term potential favors the bulls;
- Above EMA50, we say the doors are open for strong growth.
- Above EMA200, there can be any type of bullish action, fast, slow, strong but always green...
Additional details on the chart.
Namaste.
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