$ARB is up 14.33% over 30 days and 7.8 points ahead of BTC over the same stretch, and nobody is talking about it.
the 7 day tells the same story: +5.25%, 7.0 points better than BTC. a coin doing that while the 24h tape is flat (-0.52%) is resting on a level.
the level is the daily EMA20 at $0.191741. my screener scored the setup 11 out of 14. the daily MACD histogram is still negative and 5 day volume is 0.76x the prior 20, so this isn't a rocket. it's a coin that keeps getting bought on dips.
$ARB trades at $0.1926 right now, 24h range $0.1893 to $0.2029. if it holds $0.191741, i think it grinds to the 20-day mean at $0.195735. if it loses $0.191741, i'm wrong on this and there's nothing to defend. anyone long from here gives back the whole bounce.
holding $0.191741 or losing it?
follow me for more calls like this.
the 7 day tells the same story: +5.25%, 7.0 points better than BTC. a coin doing that while the 24h tape is flat (-0.52%) is resting on a level.
the level is the daily EMA20 at $0.191741. my screener scored the setup 11 out of 14. the daily MACD histogram is still negative and 5 day volume is 0.76x the prior 20, so this isn't a rocket. it's a coin that keeps getting bought on dips.
$ARB trades at $0.1926 right now, 24h range $0.1893 to $0.2029. if it holds $0.191741, i think it grinds to the 20-day mean at $0.195735. if it loses $0.191741, i'm wrong on this and there's nothing to defend. anyone long from here gives back the whole bounce.
holding $0.191741 or losing it?
follow me for more calls like this.