#ARB WITH THE BASIC SUPPORT-RESISTANCE PLAY AFTER MOVING BELOW ITS YEARLY LOW!
We were able to witness the breakdown that happened for ARB onwards the bottom which led to creating a new low for this year. Having this in mind, we have already calculated the possible key level where it would mostly be met with surging waves of demands. As we've took our trade at 0.4934, the retest happened towards its minor resistance resulting to a 30.56% profit with a 2.28 risk-reward ratio for us.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
