AR/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 32.927, 35.216, 36.000.
Key Support Levels: 30.293, 28.669, 27.425.
Daily Time Frame:
The price on the higher time frame succeeded to break the bearish trendline to the upside and rebounded above the strong support level around the 31.000 USDT mark. This shows that the buyers are in control and might move the price upward toward the next key resistance level.
AR/USDT (Futures) Medium-Term Trend: Bullish
1-Hr Time Frame:
On the lower time frame, the buyers succeeded to break the bearish trend line to the upside after a double bottom formation. A lower correction has been posted to the support level to bring back liquidity before a new bullish impulsive wave toward the target profits.
Buy Limit Order @ 30.621
Target Profit 1 @ 32.927
Target Profit 2 @ 35.216
Stop Loss @ 28.324
Trade Safely 🙂