Arweave(AR) will FALL by the🗻Triple 🗻Top Pattern🗻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.
ARUSDT
AR LOOKS BULLISH (6H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AR symbol.
The diameter of the large E branch is ending. I expect upward movements from the specified range
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ARUSDT Range Trading Indicates Potential 20% Upside 🚀💎 Over the past 21 days, ARUSDT has been consolidating in a range since it reached the high of $6.28 on July 23. Following this peak, a correction ensued, with the price experiencing a precise bounce off the 61.8% Fibonacci support level. Remarkably, AR has managed to hold above this critical support, leading to the formation of a robust demand area in its vicinity.
💎As the bulls successfully defend this support level, there is a high probability that the price will resume its upward movement. #ARUSDT is likely to target the top of the range and potentially extend further to test the nearest Fibonacci resistance at 78.6% Fibs. This scenario could result in a nearly 20% price increase in a relatively short timeframe.
💎Despite the strong bullish probability, it is crucial to remain open to an alternative scenario where the price continues to decline. This scenario would only materialize if #AR breaks below the current support, thereby granting the bears control and potentially pushing the price down to the technical and psychological support level at $5.
Stay tuned Paradisers, as #ARUSDT presents intriguing trading opportunity amidst its range trading dynamics! 🌴
AR will soon be bullishHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AR symbol.
For risk management, please don't forget stop loss and capital management
It is about to end its diametric G wave and can move up to the red zone. $5.4 is the invalidation level
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Arweave (AR) formed bullish Gartley for upto 19.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Arweave (AR) coin with US Dollar pair.
Recently we caught more than 37% pump of AR as below:
On a 4-hr time frame, AR has formed a bullish Gartley move for a bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
AR & CRU Signal FEB 2023: Layer1/Layer2/Layer0 Portfolio Review
posting this up to see wher it is in the future. .
. AI & Web3 & Defi all need reliable trustless data.
decentralized storage narrative may have legs in 2023 to reposition market cap before the halving.
CRU (crust) runs on IPFS ( so basically its filecoin but way smaller and possibly more efficient, definitely better tokenomics)
Arweave is its own blockchain and storage protocol with good tokenomics and a unique and identifiable niche = permanent storage
Why Arweave $AR coin dumping When Meta and AR took over the partnership of decentralized data storage on November 3, token prices jumped from $10 to $17 in just 48 hours. We all know the price surged because of positive news, but according to Coinglass, November 3 is the biggest liquidation day for AR perpetual traders.
According to the data, the AR market structure was already in a downtrend when the luna incident occurred, but when the news broke on November 3rd, the price did not surge because of the positive because it was a heavy short squeeze.
BINANCE:ARUSDT
AR Token chart shows extreme bearish in the upcoming day but if we see the bigger time When Luna Aftermath AR reaches the most important support zone, which is the $7 blue line in the image below.
On 7 May When LUNA UST event the price of the AR token is a $7 to $18 rangebound then after September Ar is moving in the tied range for a whole month but when on Nove 3 Meta integration boomed the price towards the $17 dollar which is almost same high on Agust.
FTX Drama and Current uncertainty of the market the AR token price break the crucial Support and then make the new low if the Weekly candle closed below the support then we see a retest of the support and further downwards if the situation is not good in crypto.
ARUSDT AnalysisHello traders,
Based on the chart,
The asset has come to a strong support zone, you can try to open a long position with a good risk-to-reward ratio
Entry: market and lower
Targets: 12 - 15 - 20
after first target reached move ur stop in breakeven!
SL: ~7
Risk/Reward: 1 to 6
Good luck!
Please, feel free to share your point of view, write it in the comments below, thanks!
AR USDT | Scalping trade #AR/USDT
🟢Entry price: 9- 8.7
🎯Targets:
|> 9.6 (Sell 20%)
|> 10.3 (Sell 30%)
|> 11.2 (Sell 40%)
|> 12.4 (Sell 10%)
🔴Stop-loss: 8.3(1D candle Close under it)
➡️Recommended risk: 0.25%
➡️Recommended Position Size : 3.3%
please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money.
stay safe and trade safe
thank you!