ARPA Chain Bounces Off Support

8 may 2020

ARPA Chain (ARPABTC) is looking pretty good with a higher low being printed.

Its price bounced when the 0.786 Fib. retracement support was hit.
Now we are witnessing high volume and a strong break above EMA10, EMA50, and EMA100, all important resistance levels which will now turn support.

The next target and path are marked on the chart.
We are looking at 95% of potential profits but there can be so much more.

Additional targets can be found if you zoom out the chart.

===========
Previous analysis | Apr 4
ARPA Chain Looking Better (113%)

===========

Thanks a lot for reading.

Namaste.

(This is not financial advice)