$ARC Set up the order
ARC has crossed the recent consolidation zone 0.0680–0.0710 thanks to a strong bullish candle over 4 hours. The price is currently testing the 0.0760 area, close to the current 24-hour high. If buyers find support above this resistance, a continuation of the rally toward the next psychological levels becomes possible.
Entry point: 0.0735–0.0755. Take profit 1: 0.0780. Take profit 2: 0.0810
. Take profit 3
: 0.0840.
Stop loss: 0.0700
. A sustained move above 0.0760 would strengthen the breakout thesis. If the price falls below 0.0730, it is recommended to wait for a more convincing confirmation before entering.
Buy and trade
$ZEC
$ONG
ARC has crossed the recent consolidation zone 0.0680–0.0710 thanks to a strong bullish candle over 4 hours. The price is currently testing the 0.0760 area, close to the current 24-hour high. If buyers find support above this resistance, a continuation of the rally toward the next psychological levels becomes possible.
Entry point: 0.0735–0.0755. Take profit 1: 0.0780. Take profit 2: 0.0810
. Take profit 3
: 0.0840.
Stop loss: 0.0700
. A sustained move above 0.0760 would strengthen the breakout thesis. If the price falls below 0.0730, it is recommended to wait for a more convincing confirmation before entering.
Buy and trade
$ZEC
$ONG
