Aeron has formed a double bottom on the 27th of June, that was accompanied by the bullish divergence on the RSI oscillator, suggesting a correctional move up or a trend reversal. After that price went up and broke above the 50 Moving Average, reaching the 23.6% Fibonacci retracement at 11.4k satoshis. The resistance seems to be broken although ARN/BTC failed to...
Just broke the long term resistance downtrend and is out of the cup and handle. I'll be HODLing this one.
Missed the bigger picture earlier -- check out that beautiful C&H that's formed up. Add that to the stochastic and MacD (about to flip) and we've got some extremely bullish signals here. ARN has an extremely low coin supply (13,000,000) and a market cap of only $8,000,000, so this baby could run wild if it gets hot. Targets to follow, but plan on long term hold.
Indicators are bullish, this recovery is healthy, and good news in the form of Aeron partnerships/use cases (Aerotrips.com) could help sustain upward trajectory. It's sitting on solid support around 000104 and hasn't broken my long-term resistance trend yet, so this is still a good time to get in in my opinion. GLTA
Once again i am using the Range Trading View to get a broader perspective on markets with little history. Range trading allows you see the bigger picture in sideways markets As you can see from the chart - A perfect falling wedge has occurred on ARN Volume build up !!! I expect a full reversal in the coming weeks
Hello guys small update, so IF btc fails to break out and starts to go down we can expect arn will follow and go down too but this is if btc starts to dump. I'm really more inclined to the bearish side. why? -daily rsi ticking down and crossing bearish -we've rejected 15398 four times already maybe the 5th time we will break that. -rsi losing strength imo -...
hello guys Let me give you a little heads up for what's to come in a few day or so imo If we start going up from here we will see gainz between 20%-30%. Imo we can buy at these levels but leave a little bit free to buy more IF this goes more down 4h rsi is okay macd gonna curve bullish in a while too Don't forget to like, subscribe and share good luck and...
Hello guys In my previous post my targets was hit again, I don't wanna brag but I've been so accurate with my analysis on ARN. Okay let's see, after my target was his we've made a symmetric triangle that we broke out again but there was no followthrough. What make me think we still going to retrace to the buy zone. It looks like the 4h RSI is at...
Buy here, volume is huge last days, more than the total market cap. I believe this project have huge potential besides from short term gains. Stay tuned!
ARNBTC is now on way the to hitting the first target, volume has really picked up in the last few days
I am going to keep this short and simple. Huge volume increase for the past 5 days and the price has yet to reflect this demand. Indicators breakdown: RSI - Below 60 CCI- Bullish MACD - crossed up and gaining strength and momentum My trading strategy for ARN on Binance as released on Discord early this morning: ARN on Binance Buy up to 16500 T1: 18500 10%...
hello guys Here's an little update on arn In my previous post my 2 targets were hit, so I hope you've took some profit to reload lower (maybe now your choice) . This is how I see the 5 sub wave's of the 1st impulse wave up (at this moment). If I'm correct we should have formed a support at 154k sats. I see a decent chance to hit my target zone maybe more but...
So arn broke 16070 for me this triggered a stop as I told (see in my previous post) as of right now buying ARN is risky (don't be a hero trying to catch the falling knife) we live to fight another day So what's next If ARN breaks 146 the 2nd impulse wave isn't valid anymore and I'll need to recheck everything be careful for bitcoin IF BITCOIN fails to hold 7200...
As of writing this I see we have a possibility to break out and go to my 2 targets. if a break out at 158 yellow line happens stop below 15190 to be sure not to get rekt my trade is active like, follow and share It doesn't cost you anything :) good luck DISCLAIMER: The Legal stuff - I'm not a financial adviser.
Let's go back to basics just support and resistance. chart explains itself if you decide to buy stop below 15160 and as the price goes up move your stop higher to get stoped out with profit like, subscribe and share It doesn't cost you anything :) good luck DISCLAIMER: The Legal stuff - I'm not financial adviser.
lets look at the chart we see had and shoulder pattern and my first target is 25 sat and then 37 sat of course this is not a trade idea, lets make same fun
Aeron formed the strong bottom at 13k satoshis and rejected that level for 3 consecutive times. The most recent bounce occurred on the 11th of May, after which price started to produce higher highs and higher lows. ARN/BTC broke above the 200 Moving Average and then above the ascending channel, suggesting the beginning of an uptrend. The strong resistance is seen...