behdark

Catch ARPA's explosive move

Long
behdark Updated   
BINANCE:ARPAUSDT   ARPA Chain / TetherUS
ARPA has been stagnant for a long time and has not moved up.

On the chart, we have a good demand that creates a very good R/R for positioning. From the green range, it is prone to growth towards the targets.

Do not enter above the green range, and if it enters the green range, don't forget capital management and stop setting.

Closing a 4-hour candle below the invalidation level will violate the analysis.

If it reaches the green range, we will enter but not higher!

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Comment:

About 15% of the specified area was rejected. We need a trigger and confirmation to buy, because the green range may be lost due to the pressure of selling Bitcoin

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