ARNBTC is in a very tight balancing range for the past few days with sideways movement. Price is dancing on the 100 day EMA line. We have a VPOC not too far away which has been acting as resistance. Very little volume indicates the weakness in this pair right now. We can have a break out but we need to have confirmation and volume pick up. Keep a keen eye on it and wait for further price action to reveal the next move.
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And we have a break out. Let's watch the volume and see if we can gain momentum now.