$ARC bulls have brought price back to the doorstep of $0.040. Now they need to finish the job. 📈
I’m giving the bullish structure room while price stays above my risk level.
Long zone → $0.0380–$0.0392
First target → $0.0402
Second → $0.0435
Final → $0.0470
Stop → $0.0355
I don’t need to guess whether $0.0402 breaks.
If it does with a solid 1H close, I’ll look for continuation. If $0.0355 gets lost instead, the setup is finished for me.
Let the chart make the decision.
I’m giving the bullish structure room while price stays above my risk level.
Long zone → $0.0380–$0.0392
First target → $0.0402
Second → $0.0435
Final → $0.0470
Stop → $0.0355
I don’t need to guess whether $0.0402 breaks.
If it does with a solid 1H close, I’ll look for continuation. If $0.0355 gets lost instead, the setup is finished for me.
Let the chart make the decision.