#ARB
The price is moving within a descending channel on the hourly timeframe. It has reached the upper boundary and is trending downwards, with a retest of this boundary expected.
The Relative Strength Index (RSI) is showing an upward trend, approaching the upper boundary, and a downward reversal is anticipated.
There is a key resistance zone (in green) at 0.2250, and the price has bounced from this zone several times. Another bounce is expected.
The price is showing a consolidation pattern above the 100-period moving average, which we are approaching, supporting the possibility of a downward move towards it.
Entry Price: 0.2120
Target 1: 0.2017
Target 2: 0.1963
Target 3: 0.1887
Stop Loss: Above the green resistance zone.
Don't forget one simple thing: Money Management.
For inquiries, please leave a comment.
Thank you.
The price is moving within a descending channel on the hourly timeframe. It has reached the upper boundary and is trending downwards, with a retest of this boundary expected.
The Relative Strength Index (RSI) is showing an upward trend, approaching the upper boundary, and a downward reversal is anticipated.
There is a key resistance zone (in green) at 0.2250, and the price has bounced from this zone several times. Another bounce is expected.
The price is showing a consolidation pattern above the 100-period moving average, which we are approaching, supporting the possibility of a downward move towards it.
Entry Price: 0.2120
Target 1: 0.2017
Target 2: 0.1963
Target 3: 0.1887
Stop Loss: Above the green resistance zone.
Don't forget one simple thing: Money Management.
For inquiries, please leave a comment.
Thank you.
Trade chiuso manualmente
#ARBTarget 1: 0.2017 Reached
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📍Trade Smart & Stay Protected⭐️
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+WN4RexVn8DM2MTlk
📌 We're open to Promotions, Ads & Partnerships
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+WN4RexVn8DM2MTlk
📌 We're open to Promotions, Ads & Partnerships
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.