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Technical analysis by Zorroreny about Symbol ARRR: Buy recommendation (4/24/2025)

https://sahmeto.com/message/3446437
Zorroreny
Zorroreny
Rank: 246
3.3
Buy،Technical،Zorroreny

ARRR did a dip bellow support range but nothing tragic yet. We saw same move in March 2020 which ended up in reversal. We are oversold, have bullish divergence and pattern similar to OM before it pumped.Expecting bounce up and strong push to test fibb 0.786/0.886 range and from there we likely get a correction. To open bull scenario (new ATH, like OM did) that correction needs to be shallow and stay above fibb 0.382 S/R range.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$5.52
Stop Loss Price
$0.07806
Price at Publish Time:
$0.12105
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