My friends, we hit it perfectly with ARPA Chain last time, 90% profits in one jump, but will this happen again?
See it here:
ARPA Chain Chart Analysis by Alan Masters
After the last bullish wave, prices for ARPABTC retraced by 100%+, giving us a new low... This is good news.
Now that all gains were removed, the sellers are exhausted so we have a good place to buy.
Prices for ARPABTC are now moving above EMA10 (0.00000101), a close above this level and the bulls start to shine, meaning, the potential goes towards the upside.
We have bullish divergence with the MACD and RSI.
Recently ARPABTC hit a new low but the RSI and MACD hit a higher low, compared to Jan. and Dec. '19. This is a strong bullish signal.
As shown by the green arrow, ARPA Chain can easily grow here.
Remember to have a plan if you decide to trade. Make sure to hit like to show your support.
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