Pirate Chain
Long

$ARRR Looking Like a Great Buy!

301
ARRR has been consolidating between the 0.5 ($1.91) and 0.382 ($3.03) Fibonacci retracements. We are seeing very strong support around $1.91. I would be looking to be a buyer around that zone.

On the bullish side, we can see three drives bullish divergence on RSI showing which shows us that the bulls are gaining strength, thus increasing the chances for some upside.
snapshot

We can also see price consolidating right under the horizontal trendline. A break of this trendline with a stop below the recent low could present a nice long entry.

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