ARPA is at critical point, we dipped bellow S/R range and are risking further dump - 1:1 move would mean dump to 0.004$ range.
On other side current pattern is similar to one we made in March 2020 when we also pierced bellow support, created bullish divergence (just as now) and then got a strong reversal. If we are to repeat the move then we can expect strong push up to test 0.20$ range - conformation of that move would be to flip last S/R range into support.
On other side current pattern is similar to one we made in March 2020 when we also pierced bellow support, created bullish divergence (just as now) and then got a strong reversal. If we are to repeat the move then we can expect strong push up to test 0.20$ range - conformation of that move would be to flip last S/R range into support.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.