ARUSDT | STRONG SUPPORTARUSDT is in uptrend on higher time frame. The price is currently trading near the rising support. The price is also trading above the 100 MA.
The same zone has confluence of 100MA and rising support.
The bulls need to hold the zone. While bears will be only in control below the break of support zone.
Trade your levels accordingly.
ARUSDT trade ideas
Cautious 1DPlease be cautious, we broke the trend and we now should see price action now , please put your stop losses and under 12 that’s confirmation for short , because there are support not strong support but it should be concern , so breaking the trend not the end of story you should see from all angels , and on the other hand you should see btc firstly , because if btc has strong move (EITHER bullish or bearish) no alts will respect the chart .
Happy trading and I’m happy to receive your thoughts .
AR/USDT - Ascending triangleThe crypto market had another reason to rally following yesterday's positive inflation report . The inflation data showed a significant decelerating trend, which means that the probability of a so-called "soft landing" (going through a hiking cycle without entering a recession) actually increased. Make no mistake, we are not out of the woods yet; inflation is still 8.5%, but cryptocurrencies, along with other risk assets, just got a significant boost which might last for another couple of weeks.
Arweave is a relatively new project with a lot of potential . They focus on storing data on a blockchain. They do not have any specific fundamental reason to rally, but the technical setup is too nice to overlook. I will use the 4-hour chart to bring home the point, but daily looks just as good. We can clearly see an ascending triangle forming with a base at the black line, which is represents significant support and where the coin first bottomed. Since then, it has been only a nice series of higher highs and lower lows until we started consolidating into this triangle.
There are two ways to trade this setup:
1) One is to go long now, which would provide a great risk/reward (R/R) . The profit target is the green line, which is a very significant resistance + there is also the 200-day simple moving average. The stop loss would be at the most recent low, shown by the red line. This gives us a R/R of 4:1
2) The other way is to wait for the break. In that case, I would use the line of the break (orange) as the stop loss. If you were able to get an entry at that point and set the stop loss there as well, that would give you zero risk (or at least very low risk).
Happy trading!
Best wishes,
Dollero Exchange
ARweave Analysis ;AR/USDT Update 📈📉HEY, what's up guys ?!
Since 14 MaY 2022,when I posted the last analysis for ARweave,it has been declining till now .
Where I told you guys , more likely will follow bars pattern ( fractal ) and then felled more =====>>>. ( More than 60% 1x short )👍💰🤑
Today as you see on the weekly timeframe again for AR/USDT ,it almost has been chasing the bars pattern( fractal ) scenario so far, so it may follow it more or but not necessarily . what we can see also on the chart is that ,general trend in bullish right now , at least as long AR is above pivot or support zone can rise more and breakout the descending trendline then can see the higher Resistance zone or vwap line , but in this case more likely I expect a rejection at the higher key zone .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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My 15 Minutes Time Frame Trading Strategy : AR/USDT15M Strategy after EMA 21 & 55
Crossed over MA 200
To Trade this Coin Successfully:
1. Wait for HodlNator Green Dot
To Be created
2. Enter Trade at Candle that opened
Above HodlNator Green Dot
3. Set Profit Target @ HodlNator
Golden Bar line or nearest Resistance line
4. Exit Trade
💎 ARUSDT : 521.85% Profit Potential in Next 8 Months💣💣💣💣Last 2-3 weeks we seen huge buying in AR coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
AR parallel channel and butterfly#AR/USDT
$AR is below upper line of ascending parallel channel, also there is an ascending support near the price.
🐮 break out from upper line of channel will help bulls continue rally to $16 to complete butterfly pattern.
🐻 break down from ascending support will drop price to middle line of channel that is the same with support zone around $11.
AR, step back and rebound.The following are machine translations:
In the 4-hour chart, it was blocked near 15 and stepped back to 13.75 to stabilize and rebound.
The indicator macd long energy column shrinks, the RSI indicator reaches the overbought zone, and the kinetic energy is weak. The indicator is bullish on the general trend of the market.
In terms of operation, it is currently stabilizing and rebounding, looking at the resistance of 15, effectively breaking through the short-term and falling short.
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.
AR - unclear situation with potential ?Arweave is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever – for the very first time.
As a collectively owned hard drive that never forgets, Arweave allows us to remember and preserve valuable information, apps, and history indefinitely. By preserving history, it prevents others from rewriting it.
AR ARWEAVE LONG If a Valid Breakout happensBuy the valid breakout.
Risk Reward: 3.5
AR, ARWEAVE , ARUSD, ARUSDT, CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.