Market Analysis of ARUSDT on Thursday 1 AUGUST 2024

2024-08-01 20:13Fonte:BtcDana

ARUSDT  TECHNICAL ANALYSIS SHORT TERM VIEW

   

15 minute chart showing calculations it is running in negative trend and stop loss is 33.25 level . It can fall towards 19.80 level   .Intraday purpose selling is better with stop loss 33.25 level expecting intraday targets 28.60 , 28.40 and 28 levels respectively .Resistance area is 30 to 32 level . ABC pattern completed and now it reversed for target 19.80 dollar .

QUICK FUNDAMENTAL LOOK

                                                                   

Bitcoin's price was falling on Thursday as traders opted to take profits rather than see recent moves from the Federal Reserve and former President Donald Trump as a bullish signal for cryptocurrencies.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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