ARRRUSD, Pirate Chain (request analysis)
This is request analysis from @Raul880
Pirate Chain still inside bearish wave with channel down pattern, but pirate chain almost reach major support level at 0.147091. This support level are a strong level from Oct-2023 to Nov- 2023.
The best move to ride next bullish wave is :
1. buy now around fibonacci 0.618 support at 0.163680, with 16% profit projection at fibonacci 1.272 resistance at 0.190063, and maximum target with 46% profit projection at major resistance 0.239032
2. If fibonacci support broken down, wait at major support 0.147091, with 28% profit target at 0.190063
and maximum target with 61% profit projection at major resistance 0.239032
Good luck, Happy Trading
Pirate Chain still inside bearish wave with channel down pattern, but pirate chain almost reach major support level at 0.147091. This support level are a strong level from Oct-2023 to Nov- 2023.
The best move to ride next bullish wave is :
1. buy now around fibonacci 0.618 support at 0.163680, with 16% profit projection at fibonacci 1.272 resistance at 0.190063, and maximum target with 46% profit projection at major resistance 0.239032
2. If fibonacci support broken down, wait at major support 0.147091, with 28% profit target at 0.190063
and maximum target with 61% profit projection at major resistance 0.239032
Good luck, Happy Trading
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this analysis close, target reach