ARPA/USDT 1DAY CHART.
Updated
This is my opinion and not financial advice.
Currently looking like a head and shoulders pattern, there are a few resistance lines that we need to break before we can move up with the uptrend idea.
The more logical idea is that it will drop further as btc and eth continue to fall. Following old supports you can see that it could end up quite low.
I'm gonna put a sell value for 0.086 with a stop loss of 0.082 the buy in should be between 0.072 and 0.074
Currently looking like a head and shoulders pattern, there are a few resistance lines that we need to break before we can move up with the uptrend idea.
The more logical idea is that it will drop further as btc and eth continue to fall. Following old supports you can see that it could end up quite low.
I'm gonna put a sell value for 0.086 with a stop loss of 0.082 the buy in should be between 0.072 and 0.074
Note
Update: so it looks like it went to the upside of 0.14 and now is heading back down. It should meet 0.1 and may find some support there, if not you could expect it to drop as low as 0.086Note
looks like my idea was nearly spot on, it trended downwards as I said and it followed BTC.Expecting ARPA, BTC, ETH, GALA, DUSK all to perform well within March of 2022.
Check out my GALA post, get in early to GALA before it pumps to 2x.
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.