AR/USDT | Arweave |1W ๐On the weekly timeframe chart, we have a clear breakthrough of the historical trendline resistance in the accumulation zone. I believe such a pattern could attract significant volumes, so it's definitely worth considering AR at least for the medium term.
- Not financial advice, trade with caution.
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Stay updated on market news and developments that may influence the price of Arweave. Positive or negative news can significantly impact the cryptocurrency's value.
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Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
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Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Arweave #Investing #AR
ARUSDT trade ideas
AR InteligentAssetAlong the bullish trend the price moves around the ascending trend line and now is break down
bullish scenario
resistances 9.35, 9.9 ascending trend, 10.6, 11.6 high pivot
bearish scenario
supports now at 9.04 in 50 ema, 8.6 lower limit of band around 50 ema, 8.5, 7.4 lower pivot & 200 ema
ARUSDT (1H) - Bullish reversalHi Traders
ARUSDT (1H Timeframe)
Waiting for the upward break of 10.09 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 9.64 would cancel the bullish scenario.
Trade details
Entry: 10.09
Stop loss: 9.64
Take profit 1: 10.36
Take profit 2: 10.80
Score: 6
Strategy: Bullish reversal
AR/USDT Reclaimed back the key area. Upward Momentum for ARB!!๐ AR's recent market engagement is noteworthy. Presently, AR has reclaimed its position above the resistance area, though it's crucial to wait for the daily candle's closing to confirm this isn't a false breakout in the lower time frame.
๐ If this breakout is valid, AR is poised for a significant upward trajectory, potentially reaching new highs in our targeted bearish OB area.
๐ However, should AR fail to maintain its breakout above the resistance, it may reverse course, descending back to the support area to garner fresh momentum.
๐ This support zone is pivotal; a failure to hold above this support, indicated by a breakdown, could signal a bearish trend for AR, likely leading it toward the demand area for its next major movement.
#AR #VIP #Eddy#AR #VIP #Eddy
The analysis is requested
Don't forget to get confirmation and login trigger in the lower time frame
You can open an account on the second target ๐ The third and fourth targets are not far from my expectations ๐จ๐ปโ๐ป
ยป Don't forget to get approval
ยป Don't forget risk and capital management
โ ๏ธ Attention!
((Look at the position and movements of Bitcoin, as well as the general state of the market and indicators, please confirm))
AR Let's Reverse and Flip it Around Must get past 5.00Not financial advice
All charts are made on current market conditions.
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Available for individual consults or AMA.
AR 1 month Chart
I see some promising signs for a recovery that could be incoming
All notes on charts.
Maybe wait for a breakout of the 5.00 range before entry.
Highly undervalued project in my eyes.
Descending triangle ๐ takes us to the start of 2024 and has a low right under 3.00
Stoch and Fisher looks promising .
RSI some more room to come down but considering the month ends shortly
It'll be telling how this moves.
I like this project.
Always Practice Patience #PIK
#TLAW Think Like A Whale.
ARUSDT (1H) - Bearish breakoutHi Traders
ARUSDT (1H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 7.40 support level. Only the upward break of 8.01 would cancel the bearish scenario.
Trade details
Entry: 7.40
Stop loss: 8.01
Take profit 1: 7.03
Take profit 2: 6.42
Score: 5
Strategy: Bearish breakout
AR/USDT Assessing Breakout Potential Above Resistance? ๐ ๐๐ 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.
๐ 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.
๐ 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.
๐ 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 marketโs direction. ๐ด๐ฐ
AR/USDT Few times Rejected. Downward momentum ???๐ AR has undeniably attracted significant attention in the market. After encountering persistent challenges in breaking through the resistance area, marked by several bearish rejection candles, AR has experienced a downward shift.
๐ There's a possibility that AR might initiate a retesting phase at the demand area around $6.32 to gather momentum for breaking the resistance area. Alternatively, if AR manages a direct breakout without revisiting the demand zone, the probability it could signal a continuation of the upward movement, targeting our envisioned supply area.
๐ However, in the event of AR returning to retest the demand area and failing to sustain its position, resulting in a breakdown, AR may revert to a bearish trajectory, continuing its descent and potentially retracing to a robust demand area.
ARW (Crypto #Arweave ) Buy TF M30 TP = 8.570 On the M30 chart the trend started on Nov. 22 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 8.570
But we should not forget about SL = 7.100
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading