Arweave ($AR) Reversal in Play: Eyeing $60!
ARUSDT (Arweave) is showing signs of a potential reversal after the week of November 4th. While I’m a bit late to the entry, I’m watching for an optimal entry point to capitalize on potential upside.Strategy:
Entry Point: Looking to enter below $22
Confirmation: I plan to buy on a weekly close above $23.4. This would confirm the reversal and suggest stronger upward momentum.
Target Price: Aiming for $60 in the medium-to-long term, should the bullish momentum continue.
Trade active
ARUSDT, moving nicely
Note
$150 is my last target for 2025. Sure, it looks wild but I am leaving a good position running until then or on a HTF bearish signal
Note
Looks ready to start moving. $40 next ARUSDT
Trade closed: stop reached
Failed breakout
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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.