Arweave
AR/USDT Assessing Breakout Potential Above Resistance? 👀 🚀💎 Paradisers, turn your attention to #ARUSDT as it's currently charting an intriguing path in the market. The asset is actively striving to surpass a significant resistance level, hinting at a strong possibility of an upward movement.
💎 Tracing #Arweave recent market behavior, it has shown a consistent pattern of navigating a descending channel, breaking above, and then propelling upwards. Presently, it is engaged in its second attempt to breach the resistance at the $9.479 level. A successful breakout here could lead to a challenge of even stronger resistance levels above. Another bullish indicator is #AR sustained momentum above the EMA 100, which lends additional strength to the bullish outlook.
💎 However, as with all things in the volatile world of cryptocurrency trading, #AR traders should be prepared for various scenarios. In the event the breakout doesn't unfold as anticipated, a strategic move would be to anticipate a bullish recovery from the support level of $7.045.
💎 Importantly, should #AR descend below this support level, it would necessitate a crucial reassessment of the trading strategy. Such a development might point to challenges in sustaining the bullish trend, prompting a need for strategic adjustments in response to the market’s direction. 🌴💰
ARUSD Above the 1W MA50 but needs one final bullish confirmationArweave (ARUSD) broke and established itself above the 1W MA50 (red trend-line) for the first time in its history. That is a major long-term bullish signal, and it is no surprise that since it held it as Support on Friday, it is rising strongly over the weekend.
We would ideally prefer to see the price break also above the top (Lower Highs trend-line) of the 15 month Channel Down in order to buy with the lowest risk possible. Our target is Resistance 1 (previous Lower High of the Channel) at 14.900.
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AR/USDT Crucial area. Required for Break to Continue movement💎 AR has certainly captured the market's attention. Presently, AR has managed to break past the supply zone and is in the midst of a confirmed retest phase. Following its retest, where the supply turned into a demand zone, AR experienced a swift upward surge, now approaching the formidable supply level at $6.2.
💎 Should AR successfully breach and settle above the $6.2 supply mark, it's poised for a continued upward trajectory, probability targeting the next supply zone and the bearish OB.
💎 However, if AR faces rejection at the $6.2 supply threshold, there's a possibility it might retreat to the demand zone to gather momentum for another breakout attempt.
💎 On the downside, if AR retraces to the demand zone and fails to hold its ground, it could signal a bearish trend. In such a scenario, AR might be on a path to test the deeper demand level at $4.12.
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.
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
Arweave (AR) formed bullish Gartley for upto 13.50% pumpHi dear friends , hope you are well and welcome to the new trade setup of Arweave (AR) coin with US Dollar pair.
Previously we caught a powerful pump of AR, as below:
Now on 4-hr time frame, AR has formed a bullish BAT move for another price reversal.
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
ARUSD: Bullish Shark Second AttemptAR Sits at the 886-1.618 Confluence Zone of the Bullish Shark and is quite oversold on the RSI and the CAI is triggering.
It failed to bounce at the top of the PCZ but if we can get back above the 1.618 then the trade could still live on even if just for a quick spike up.
This would kinda go against the down move in BTC and ETH but i'm just identifying the patterns AR is showing us.
ARUSD: Bearish 3 Line Strike and a Close Above the 0.786 RetraceArweave today has simultaneously closed above the 0.786 retrace and has taken out the last 3-4 Days of Bearish Price Action on the Daily Timeframe.
We may also be at the PCZ of some sort of Deep Cypher Pattern; it can't be a Shark because the 1.618 Extension is nowhere near being reached so i think it's a Deep Cypher.
Arweave AR Crypto Market after the ElectionsMy forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Arweave AR, which is overvalued.
AR/USDT short
Entry Range: $15 - 17
Take Profit 1: $14
Take Profit 2: $11
Take Profit 3: $8.79
Stop Loss: $18
$MATIC - Coming out of the DENHello my Fellow TraderZ,
$MATIC #POLYGON - one of the strongest Layer2 or prefer to say sidechain for #ETHEREUM, both Fundamentally and Technically.
#META partnership with #ARWEAVE - news has added fuel to its PUMPA recently.
On DTF, $Matic has broken the TL and also trying to close the Daily above the strongest Horizontal Resistance.
Look at the VOLUME, shows a clear buyers' interest. Wait for a pullback and enjoy the RIDE.
CHEERS!!!
ARUSDT First time above the 1D MA200 in history!*** ***
For this particular analysis on the Arweave we are using the ARUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where AR broke today above its 1D MA200 (orange trend-line), for the first time ever! That alone is a major bullish break-out but it is not the only one. The price also broke today above the Lower Highs trend-line that started on the January 04 High and has been keeping the token within its Bear Cycle. We can claim that today was the first step to establish the new Bull Cycle.
The 1D MA50 (blue trend-line) is supporting, the 1W RSI is steadily rising since the June 19 Bottom and we are past a 4H Bullish Cross (red 4H MA50 crossing above the yellow 4H MA200). It is natural to see a pull-back now, first due to profit taking and second because the price hit the Resistance Zone formed from the July 18 and July 31 Highs. A rejection can potentially re-test the 1D MA50 as a Support. A closing above the Resistance Zone and more importantly the Channel Up (grey) that seems to have been developed, can target the next Resistance, the 42.00 April 04 High.
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