Hello, traders!
1-hour analysis
It appears that the $AR asset is actively growing and has now formed a compression to several horizontal resistance levels…
Trading volumes have been increasing periodically as well.
The lows shrinking for the current day indicate the dominance of long participants. Before the breakdown movement, however, proto-trading should be expected, and possibly some buying activity with an impulse to activate the stop losses of participants beyond the levels.
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Please refer to the attached image for further clarification.
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— Disclaimers —
This is not investment advice, it is simply free knowledge for your consideration 📖✨
Remember to always *Do Your Own Research* (DYOR)
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