ARPA Chain - Bear flag confirmationOn the above weekly chart price action has increased 200% since the year began. A few reasons now exist to be short. They include:
1) Price action and RSI support breakouts.
2) Price action confirms the 2nd bear flag with the *complete* weekly candle closing outside the flag.
3) The 2nd bear flag forecasts a 2 cent target / 50% correction from current levels.
4) A majority of tradingview.com ideas are long.
Is it possible price action continues higher? Sure.
Is it probable? no.
Ww
ARPAUSDT trade ideas
ARPA Falling wedgeARPA Creating massive falling wedge on 1hr TF...... Currently getting rejection from the resistance of the falling to mitigate the bullish OB below........... Is good to take a long from the 1hr OB below to the identify target above....
Keep eyes on it...
Follow for more market update
Can message me as well for trade setup
Keeping an eye on #ARPA/USDT Diagonal Trendline in Daily TF!Keeping an eye on #ARPA/USDT Diagonal Trendline in Daily TF!
$ARPA needs to clear the Diagonal Trendline to gain the Bullish momentum. Wait for BO to open a Long position.
In case of rejection, we can short it. The first local support level is PDL $0.04505.
Invest Zones for altcoins ($ARPA)What does the history of the indicator look like in the period from the beginning of the CRYPTOCAP:BTC bull market to its end?
Let's take a look at $ARPA, and how 2020-2021 looked an indicator of the Invest Zones for altcoins.
How will we follow a simple strategy of buying in the green zone and selling in the orange zone, what income will it bring us if we invest $100?
Let's count. Three deals at +990%/+860%/+740% = 879x. So, not using a short, only a spot purchase. With the capitalization of investments, it would bring us a modest $87,900. Whether it is a lot or a little is up to you.
๐กIt is clear that such a backtest is not successful with all assets, but proper diversification by altcoins and even one such asset covers the income of a portfolio of 10 altcoins (in fact, there are more such cases).
ARPA Buy Trade. Here is My Study On ARPA
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
#ARPAUSDT 8-2023ARPA is a privacy-preserving blockchain platform that is designed to be scalable, secure, and easy to use. It uses a variety of privacy-preserving technologies, such as zk-SNARKs, to protect user data. ARPA is still in its early stages of development, but it has the potential to be a major player in the privacy-preserving blockchain industry.
Volume (24h) $29,457,858
Market cap: $$68,970,643
Current supply: 1,242,888,889 ARPA
Max supply: 2,000,000,000 ARPA
Market cap rank: #306
Sector: Privacy
Project activity: Decentralized finance (DeFi)
Category: Utility token
Add ARPA to you Watchlist!
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. ๐
ARPA 100% pump ๐ incoming ๐๐ฆ๐ #dyor
๐ฐ Position size :: 1%
๐ฑ Leverage :: cross โ 2-5x
๐ช $ARPA-USDT ๐
#futuretrade :: โ๏ธ ......๐ด
#BUY :: $0.05 - $0.0535 ( split % ๐ฐ )
๐ฏ
:: $0.06603
:: $0.08414
:: $0.11755
Stop ๐ lose #SL :: $0.047 ๐
( complete day below )
๐ always move stop lose #sl
when target get reached ๐
#risk :: too high ๐ฅ#scalping
#explanation ๐ I already provided #arpa curve ๐ช parabola just like I said it REACH my zone ๐ ๐ settled there expecting explore ๐ either up nor down :: that's the reason scalping ๐
#ARPAUSDT: A Breakout, a Pullback, and 122% Potential๐On May 22nd, #ARPAUSDT experienced a significant breakthrough above a long-standing range that had persisted for over a year. Following the breakout, the price surged by more than 140% from the range's upper boundary. However, a sharp pullback ensued, halting the upward movement precisely at the uptrend trendline, coinciding with the respected 200 Moving Average on the 3-Day chart.
๐The shift in supply has transformed it into a demand zone, where the current price resides. This development presents an enticing opportunity for both bullish speculators and long-term investors. To capitalize on this potential, it is crucial for #ARPA to maintain its position above the Moving Average and the trendline. By doing so, we could witness a substantial price explosion, with a projected increase of up to 122% for $ARPA.
๐Nevertheless, caution is advised as there are not one, but three Fibonacci-based resistance levels that demand close monitoring. MCP team will diligently keep you updated on the progress, providing valuable insights for Paradise Club Members ๐ด
DAY TRADING 003BYBIT:ARPAUSDT.P
GOODMORNING! today I have my eyes set on a beautiful trade with ARPAUSDT this is one of the cleanest charts out at the moment on the 4HR I am simply just positioning myself with my own technical analysis ideas and running with it as you can see above here we have reached a point where resistance could turn into a pullback with my idea I believe that we will have another little pump up to make a double top to THEN come back down for a pullback, I have my limit orders set for take-off.
Thanks guys.
Scalp Short ARPA in hereThere is an order block in this area that matches with Fib 0.236 and a Fib retracement.
Also There is Low Volume Node (LVN) that would give a possible shadow to this area for a good R/R position. If you look at the RSI, there is a good chance we could see a divergence.
This R/R is my first TP and Second Tp is at 0.04725.
TRADE OF THE DAY | Bullish Divergence In Play Poss. 18%TRADE OF THE DAY | Bullish Divergence In Play Poss. 18%
One of the few current set ups with a strong bullish divergence in play after a massive drop from its recent big move. No surprise that we are showing a broadening wedge formation - not broken yet but on the whole quite a bullish pattern. The key drivers for the long here are the divergence, high untested weekly pivot, regained a nice support and the 200 Daily EMA. The TP also falls nicely within a key resistance and inside the untested weekly pivot.
Its going to be an insanely volatile week so just beware of any trading right now.