AR parallel channel and butterfly
#AR/USDT
AR is below upper line of ascending parallel channel, also there is an ascending support near the price.
🐮 break out from upper line of channel will help bulls continue rally to $16 to complete butterfly pattern.
🐻 break down from ascending support will drop price to middle line of channel that is the same with support zone around $11.
AR is below upper line of ascending parallel channel, also there is an ascending support near the price.🐮 break out from upper line of channel will help bulls continue rally to $16 to complete butterfly pattern.
🐻 break down from ascending support will drop price to middle line of channel that is the same with support zone around $11.
Trade closed: target reached
AR completed butterfly pattern
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.