ARPA reached the Golden Pocket of Fibonacci Retracement taken from March 2020 to all time high. And naturally retraced, seems like it still has ways to go until bottom.
Daily Support (~0.06921 to 0.05846) is one possibility.
4H Support of 0.08245 is another.
Relying on my BTC idea, I think Daily Support is a likely target.
Keep in mind that ARPA has been in a weak Uptrend channel, within a Strong Downtrend channel (*insert Inception music*).
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
Daily Support (~0.06921 to 0.05846) is one possibility.
4H Support of 0.08245 is another.
Relying on my BTC idea, I think Daily Support is a likely target.
Keep in mind that ARPA has been in a weak Uptrend channel, within a Strong Downtrend channel (*insert Inception music*).
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
