What's up Guys ,
What happened for Arweave!
In last analysis that I posted for ARUSDT, according to my analysis it followed my pass way and after the cross_under signal it started a sell_off also lost the previous pivot zone and had a huge crash like others altcoins (- > 70 % short 🎯💰 ).
So today we can see it is struggling with the PIVOT zone again and if it be able to breakout this zone ,it can even see the higher resistance zone again , but otherwise , according to the bars pattern it will continue its downtrend ,and after consolidation phase for a while in the green support zone , then can start a new rally , but if it loses this zone also , it can even see the lower support lines!!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
What happened for Arweave!
In last analysis that I posted for ARUSDT, according to my analysis it followed my pass way and after the cross_under signal it started a sell_off also lost the previous pivot zone and had a huge crash like others altcoins (- > 70 % short 🎯💰 ).
So today we can see it is struggling with the PIVOT zone again and if it be able to breakout this zone ,it can even see the higher resistance zone again , but otherwise , according to the bars pattern it will continue its downtrend ,and after consolidation phase for a while in the green support zone , then can start a new rally , but if it loses this zone also , it can even see the lower support lines!!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
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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.