$ARC LONG 🔥🎯
entry: 0.03776
tp1: 0.04041
tp2: 0.04702
stop: 0.03580
ARC dropped hard and is holding the 0.0365 area. If buyers keep defending it, I'd expect a bounce toward the 0.0404 to 0.0470 zone, where the moving averages are. A close below 0.0358 and the idea is wrong.
Counter-trend bounce play, so keep size small and always use your stop.
Not financial advice. DYOR.
#ARC #crypto
entry: 0.03776
tp1: 0.04041
tp2: 0.04702
stop: 0.03580
ARC dropped hard and is holding the 0.0365 area. If buyers keep defending it, I'd expect a bounce toward the 0.0404 to 0.0470 zone, where the moving averages are. A close below 0.0358 and the idea is wrong.
Counter-trend bounce play, so keep size small and always use your stop.
Not financial advice. DYOR.
#ARC #crypto
