Arweave(AR) will FALL by the🗻Triple 🗻Top Pattern🗻
Updated
Hi everyone👋
📚What is Arweave(AR)❗️❓
Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as "a collectively owned hard drive that never forgets," the network primarily hosts "the permaweb" — a permanent, decentralized web with a number of community-driven applications and platforms.
The Arweave network uses a native cryptocurrency, AR, to pay "miners" to indefinitely store the network's information.
The project was first announced as Archain in August 2017, later rebranding to Arweave in February 2018 and officially launching in June 2018.
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📈Technical:
Arweave(AR) was able to make a Triple Top Pattern on the 🔴resistance zone($6.30-$6.00)🔴.
Also, we can see Regular Divergence(RD-) between the three tops.
Arweave(AR) broke the 🟢support zone($5.54-$5.45)🟢.
🔔I expect Arweave(AR) will fall to the next 🟢support zone($4.90-$4.80)🟢.
Arweave Analyze ( ARUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📚What is Arweave(AR)❗️❓
Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as "a collectively owned hard drive that never forgets," the network primarily hosts "the permaweb" — a permanent, decentralized web with a number of community-driven applications and platforms.
The Arweave network uses a native cryptocurrency, AR, to pay "miners" to indefinitely store the network's information.
The project was first announced as Archain in August 2017, later rebranding to Arweave in February 2018 and officially launching in June 2018.
--------------------------------------------------------------------------------
📈Technical:
Arweave(AR) was able to make a Triple Top Pattern on the 🔴resistance zone($6.30-$6.00)🔴.
Also, we can see Regular Divergence(RD-) between the three tops.
Arweave(AR) broke the 🟢support zone($5.54-$5.45)🟢.
🔔I expect Arweave(AR) will fall to the next 🟢support zone($4.90-$4.80)🟢.
Arweave Analyze ( ARUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Trade closed: target reached
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