Guys $ARX moving exactly as i predicted the short setup is playing out and price is now respecting the rejection zone. The move from the 0.2870 & 0.2970 area is already showing weakness, with sellers pushing price lower after the breakout failed. The first downside levels are coming into focus, so watch the reaction carefully instead of chasing the move.
If $ARX continues to stay below the 0.2870 & 0.2970 resistance zone, the chart can keep opening room toward 0.2600, 0.2450 and even 0.2366. This is the setup I shared earlier, and now the chart is showing why timing matters. If you’re trading it, keep leverage controlled and use a clear stop above the invalidation level protect the capital first, profits come after.
#StrategyStriveAdd2305BitcoinThisWeek
If $ARX continues to stay below the 0.2870 & 0.2970 resistance zone, the chart can keep opening room toward 0.2600, 0.2450 and even 0.2366. This is the setup I shared earlier, and now the chart is showing why timing matters. If you’re trading it, keep leverage controlled and use a clear stop above the invalidation level protect the capital first, profits come after.
#StrategyStriveAdd2305BitcoinThisWeek
