AR parallel channel and butterfly#AR/USDT
$AR is below upper line of ascending parallel channel, also there is an ascending support near the price.
🐮 break out from upper line of channel will help bulls continue rally to $16 to complete butterfly pattern.
🐻 break down from ascending support will drop price to middle line of channel that is the same with support zone around $11.
Ar
Arweave Cup & Handle Bullish Breakout (+Targets)We have the same pattern also for Arweave (ARBTC) but we will look at it in the C&H way.
We have the cup and handle pattern with a bullish breakout.
The day that ARBTC went above EMA50 is also the second highest volume day for this pair on this chart.
Signaling buyers pressure (strength).
When a pair is trading above EMA10 we say the short-term potential favors the bulls;
Above EMA50, we say the doors are open for strong growth.
Above EMA200, there can be any type of bullish action, fast, slow, strong but always green...
Additional details on the chart.
Namaste.
🆓Arweave (AR) May-17 #AR $AR
The buying power of AR has gradually increased again after conquering the $14 zone, we can start accumulating AR around this $14 zone and wait for another rally to the $19 zone, this is a very strong resistance area. strength that we need to pay attention to
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 14$ zone
🔴Buy : 15 - 14
🔴Sell : 17 - 19 - 22
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 14$ zone
🔵Sell : 14
🔵Buy : 12 - 10
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
AR/USDT TRADE SETUP! 50% PROFIT EXPECTED FROM HERE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this AR/USDT trade setup. AR looks promising here.
It is breaking out from a cup and handle pattern in 4hr time frame. However, it might come for a retest or sometimes not. So you can start accumulating here and add more if it comes for a retest.
Entry range:- $34-$37
Target1:- $40
Target2:-$44
Target3:- $48
Target4:- $52
SL:- $32
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