A MOVEMENT THAT'S CLOSE TO THE JANUARY LOW FOR #ARPA: WHAT IS THIS TELLING TRADERS?
If you're looking for an in-depth analysis of ARPA, then, you're in the right place.
Here's why.
ARPA has already increase 20.23% this month and the buyers who have done some day traders are now unloading some of their profits. If you take a closer look, this is also the zone where ARPA would have its short-term support-resistance building. As this token has been trading closer to its monthly low. It's safe to assume that there will be waves of buys met if the support shows slight weakness. We are also currently looking for the possibilities of gaining great positions in its market structure may it be below the support or within the support that it currently has. For those who are looking for an opportunity to enter ARPA. Be patient, observe the current price action and you will then see the movement that will give you the right trading decision.
Stay wise, trade cautiously.
