ARN/BTC
ARN is starting to make a bullish move after the price rose by over 20% move in a day.
If ARN can't break this trend-line resistance, Bulls still have a chance to consolidate for a few days,
form base support then re-attempt to break this trend-line.
Once this line is broken, we can expect further growth up to the 200D MA dynamic resistance area.
ARN ANALYSIS
ARN has broken into a new historical low following the path of many other alt coins. I do expect a small relief run for alts though, and expect ARN to jump out of this low back up to accumulation zone at T1 of 1750 sats. I also am looking for main rejection at the major 50 & 100 moving averages at T2 of 1940. The main zone to watch though is...
ARN/BTC
ARN fell below the 50 Day MA plus 100 Day MA but currently holding the upward trend-line support. If price can maintain this level within a week.
There is a probable chance to continue the uptrend as the market structure is still valid for a bullish breakout. Otherwise, closed below 1700 sats will start a longer bearish action.
Hi Dears,
If it goes above the yellow circle it will increase to 0.00015440.
And about 47% profit!
But remember that nothing in this world is 100%
Good Luck
