ARUSDT trade ideas
New Trading Idea for ARUSDTAs referring to my previous idea, ARUSDT nicely touch on the target price but was unable to break through and retrace nicely which shows support at the yellow trend line. As it's approaching the tip of the triangle between the yellow line and the red line, it's time to observe again. For me, I personally think that it has a higher chance for the price to go higher. But always, set a stop loss if the price break support.
ARUSDT , We are near buy zoneHelloooooo
In here we shown on chart everything you need
We have 2 buy zone area , We expect that the price should drop to the support area ( buy zone ) one more time again and then you can buy and hold it until the target reach ( we will update the target that time )
If you have any question from our team , send us message
Good Luck
Abtin
ARUSDT UPDATEArweave has came down to test the ascending trendline support on the daily TF. We can already see a strong reaction from buyers at this zone, the market is potentially forming a double bottom formation here we are waiting to see a daily close above the confluence of resistance before we can drop down to the 4hr timeframe and look for a valid entry to open leveraged long position.
Don't miss thisTarget T1: $75
Target T2: $96
Arweave is the world's first blockweave coin -- which is a data storage protocol that enables permanent storage of digital assets such as transactions, smart contracts, Web pages, videos, images, and more, directly on its native blockchain.
#not a financial advice
🆓Arweave (AR) Nov-26 #AR $AR
AR is ready to rise sharply from the $60 zone to the $70, $90 and $110 zone in December. If it loses the $60 zone, we will wait to buy it back at the $50 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 60$ zone
🔴Buy : 60
🔴Sell : 70 - 90 - 110
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0$ zone
🔵Sell : 60
🔵Buy : 50
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
ARUSDTARUSDT bounced from support on the 1D chart. it's currently retracing back to support. A double wedge is about to be formed if price bounces from support. Also, it'd be considered bullish if there's a breakout from the descending triangle.
Entry: 53.31
TP: 60-90
SL: 42.06
This would be invalidated if price fails to breakout from descending triangle
AR/USDT-LongAfter breaking out the important resistance in the previous rally, it seems the price is pulled back to the mentioned area. If the price stays in the upper this area, it could be touched the next targets ahead, in my point of view. Also maybe touch the canal midline or hit the top canal line in the long term. As always, it's not an investment suggestion.
🅰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
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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