evasivesteering

AR wait for entry

Long
BINANCE:ARUSDT   AR / TetherUS

AR did a 500% up during the previous rally. In my opinion, the second accumulation is on-going.
It's expected that AR will revisit the support of the current trading zone.

If this happens, I'll consider to enter around $23-$24 or $27-$28 depending on the whole market condition at that moment.

More detailed insights into this cryptocurrency can be found in chart.

Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Comment:
Update on my on-going Short trade (see setup in the "Comments").
SL is moved to a lower price
Comment:
Short closed after CPI announcement, market is bouncing
Comment:
AR is going to break the range. Daily close above $46.7 is a buy signal.


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