Long AR
AR forms an accumulation schematic following Wyckoff method. Spring event has just happenned.
Moreover, the volume indicator CMF has also successfully retested the broken trendline.
I opened Long here and target $80. First TP would the the range's high.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Note
News on MT_Gox distribution appears (again) and I see that there's an CME gap of BTC at $57900. For these reasons, I moved SL to entry.Note
+27% since entry ($25)Note
+37% since entry
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