crypto_angelz

AR - Head and Shoulder (Update)

Long
BINANCE:ARUSDT.P   AR / TetherUS PERPETUAL CONTRACT
This is more an update on the previous AR short idea.

We can easily spot and head and shoulder formation on the 1h time frame, which substantiate even more the short position.

At the moment of the writing, the price is attempting a rebound, but overall outlook seems weak.

Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.