ARTY → The bottom is formed. Consolidation. Ready to RALLY?

29 сент.

ARTYUSDT is an interesting coin that has survived Pump and Dump, and now indicating a formed bottom and a huge accumulation that hides an interesting enough bullish potential, which can develop into a rally to 0.93 - 1.1 - 1.4.



ARTYUSDT experienced PAMP to 3.200, then DAMP - all unnecessary speculators left the market. BUT, what matters to me here is the 6-month consolidation in a parabolic curve format (a huge number of limit, market long orders, cascading buy orders and so on...) the essence of which is the change of the previously downtrend to an uptrend.

Accordingly, in this case we can catch the phase of strong distribution, as the accumulated energy is enough for this. A clear bottom has been formed on W1. Buyers did not let the price go below 0.37, and now they are heading to 0.55 - a strong and psychologically important resistance.

If this zone does not scare the bulls and they are able to keep the defense above the level, it will be a confirmation of the trend change, which will also be an additional bullish premise. In this case, breaking 0.635 and breaking upwards will not be a problem in the medium term....

Resistance levels: 0.55 - 0.6352
Support levels: 0.48, 0.37

ARTY does not react to the market movements and lives its own life, which is a positive sign for us. And the fact that we have a 6-month consolidation hints that there is a lot of energy in the market to give us a good price movement, and local preconditions indicate that the coin is going to go up. The targets are indicated on the chart!

Rate, share your opinion and questions, let's discuss what's going on with ★ ARTYUSDT ;)

Regards R. Linda!

29 сент.

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