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ARUSDTPERP

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.
by humairqureshi
ARUSDT Potential PositionAs observed on the chart, the price has a bullish trendline which has already been broken, furthermore, the price is currently in a trading range. It is likely that this trading range is going to be broken towards the bottom, which could in turn enable us to open a short position. However please keep in mind that if the trading range is broken towards the top, we could easily expect a long position opportunity. Either way, keep an eye on this and wait for an entry.
Short
by mohamadheidariiii
1
AR - Scalp short. Follow it before it's too late!We can take short either on breaking two levels that are lower or when price makes false breakout of local high. Be aware about btc strip. ⭐️ BTC bearish ⭐️ Trend is bearish ⭐️ Volume at top ⭐️ Good levels nearby ⭐️ Doing last pullback to kill bears ⭐️ 161 ATR Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
2
🅰AR- New ATH, testing previous highsAfter breaking major resistance and setting new ATH on November 5th the price is now back in the area of previous highs testing it as support. The current area is also supported by previous dynamic resistance(aqua), 200EMA(4h), 0.5FIB retracement and mid-channel dynamic support(green). If buyers manage to defend this level, we can expect more upward pressure pretty soon. In case of a bigger dump we can expect the price to find support between 60.69 and key level (58.89) Entry: buy at current price(66.60) down to 200EMA Targets: 70.18 74.80 80.08 85.79 89.53 ---------------------- About 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. To learn more about this project, check out our deep dive of Arweave. 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. Source: coinmarketcap
Long
by V0VOLAN