Updated
Arweave Strong Triangle Breakout! See how to snipe the dip!
Cloud data storage is a massive world-wide industry. Arweave is looking like the strongest decentralized solution to the centralized behemoths we currently see ruling the industry. Arweave allows you to store data for an indefinite length of time. I think we'll see huge things from Arweave in the coming years!
We can see that Arweave had a very strong breakout from a triangle formation and is now consolidating just above a strong support zone . If support is lost here, then I would be looking for a move down to the next support zone , which could present a great buy opportunity.
We can see that Arweave had a very strong breakout from a triangle formation and is now consolidating just above a strong support zone . If support is lost here, then I would be looking for a move down to the next support zone , which could present a great buy opportunity.
Note
Arweave is an up and coming blockchain competitor to Amazon (AWS), Microsoft, and Google's cloud storage platforms.Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.