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Long Analysis backed by upcoming events-ARN/BTC

BINANCE:ARNBTC   Aeron / Bitcoin
Upcoming events later this month- Lobbying with Aviation Authorities ;
Token integeration ;
Pilot and company App public launch.
The price action has entered the maturity phase of consolidation with price unable to breach the support(neon green) level.
A bit of divergence has been observed in RSI and MFI marked within the vertical lines.
A movement from the squeezed bollinger bands may be expected with an increase in volume which may be expected due to upcoming events in the instrument in discussion.
Trade may be taken if a bullish break out of the flag occurs.
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DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE BUT THE BEST POSSIBLE PRICE FORECAST ACCORDING TO US. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ACTIONS.

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