ARC Market Analysis
4H Level Analysis
The candlestick pattern has already dropped to the vicinity of the previous high, and the market is gradually showing signs of stabilization, forming a bullish engulfing pattern.
From MACD analysis: The green bars are below the 0 axis and a reversal signal has appeared, indicating that the market is about to turn.
From RSI analysis:
The 4H relative strength index has already started to rebound, rising from the lowest point of 14.4 to 26.9, indicating that the fast line is about to cross the slow line, and the market is quietly changing.
Open position 0.063-0.065, stop loss position: 0.0595, take profit position 0.085;
Long-term holding can be maintained without action, waiting for the market after the New Year.
$arc
arc
Alpha
0.050161
+0.24%