$AR/#BTC [#Arweave]: Resistance_Breakout

Updated
• Hey traders, we've identified a Resistance Breakout on the AR / BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.0005752 | 0.0006394 | 0.0007597 and the major support zones are respectively at 0.0004549 | 0.0003988 | 0.0002785. It is a bullish indication and we may consider entering at the current price zone at 0.0005567 and targetting higher levels.

Technical Metrics:
• Current price: 0.0005567
• 24H Volume: 85.5243
• 24H Price change: 12.875%

Pivot Points - Levels:
• Resistance: 0.0005752 | 0.0006394 | 0.0007597
• Support: 0.0004549 | 0.0003988 | 0.0002785

Indicators recommendation:
• Oscillators: BUY
• Moving Averages: STRONG_BUY

Technical Indicators Summary: BUY

Market Sentiment Index:
• News sentiment score is N/A
• Twitter sentiment score is 0.60 - Bullish
• Reddit sentiment score is 0.64 - Bullish

In-depth ARBTC technical analysis on Tradingview TA page

snapshot

• What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!

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Note
KuCoin
#AR/BTC Take-Profit target 1 ✅
Profit:3.00% 📈
Period: 2 Days 1 Hours 51 Minutes ⏰
ararbtcarbtclongChart PatternscryptocurrenciescryptotradingTechnical Indicatorstechnical_analysistradingsignalsTrend Analysis

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