ARUSDT trade ideas
AR... 4h reviewsince my last publish on ARUSDT (linked below) price had good momentum action and hit
my target as expected. now at this level around 9 to 10$ we have strong
resistance so make sense price ranged in this area for a while.
breaking and closing above 10$ on the other hand is good sign for keep uptrend.
below 8.1$ is not good and my push the price downward more, lets see
Enjoy the market
Arweave... has potential growth in weeks comingthe price has already lost 92% of it's worth from last ATH.
dropping between 5$ and 4$ means over 95% losing.
and make sense after all those big sell off, we can expect for new
bull trend in days and weeks coming.
I believe if the price can close above the red supply zone we may
see a big pump upside and more upward pressure in short to mid term.
so...this coin has good risk/rewards for midterm-long term investing.
Enjoy the market
ARUSDT (1H) - Bullish breakoutHi Traders
ARUSDT (1H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 7.05 resistance level. Only the downward break of 6.78 would cancel the bullish scenario.
Trade details
Entry: 7.05
Stop loss: 6.78
Take profit 1: 7.21
Take profit 2: 7.44
Score: 8
Strategy: Bullish breakout
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 (4H) - Bearish breakoutHi Traders
ARUSDT (4H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 7.27 support level. Only the upward break of 7.87 would cancel the bearish scenario.
Trade details
Entry: 7.27
Stop loss: 7.87
Take profit 1: 6.93
Take profit 2: 6.34
Score: 8
Strategy: Bearish breakout
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.
ARUSDT | SETUPARUSDT has been in a strong bearish trend .
The price has broken below major supports.
Now price has took support at strong horizontal zone.
The bulls need to hold the breakout above falling resistance.
We are expecting bulls will took control and price may go higher from here.
Manage your trades accordingly.
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.
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!