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AR / TetherUS

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ARUSDT trade ideas

AR/USDT Potential back-test of the support area, Could Bounce ??💎AR has undoubtedly captured significant attention in the market. Presently, AR is positioned for a potential back-test of the support area, coinciding with the presence of the support trendline. 💎 Historical data indicates that AR has consistently exhibited a bouncing pattern when encountering the support zone. If this pattern holds once more, there is the potential for AR to break out of the resistance trendline and subsequently breach the key resistance level at 10.74. 💎 A successful breakout of these levels could probability facilitate an easier path for AR to reach our target zone, the bearish OB area. 💎 Conversely, if AR fails to maintain the support area due to a lack of rebound, this could signify a bearish momentum shift. In such a scenario, the price would likely continue its downward trajectory, eventually reaching the demand area, which was previously a supply zone, and thus creating an opportunity for a fresh upward momentum. 💎 It's important to note that should AR achieve a bounce at the demand area, the possibility of a price recovery is viable, potentially allowing for the reclamation of the price above the support. However, if AR fails to rebound at the demand level and instead breaks down below it, this would confirm a bearish movement, resulting in further downward price action.
by MyCryptoParadise_Nathan
1
AR/USDT Primed for a Bullish Advance from Demand Zone? 🚀 AR💎 Paradisers, prepare for a riveting trading experience with #ARUSDT, as it indicates a bullish push forward from its energetic demand zone. 💎 Observing the shift, the previous supply zone at $11.277 has now become a pivotal demand level. With the #Arweave gaining momentum here, there's a strong chance for an upward trajectory aimed at breaching the supply zone at $17.851, should the momentum be sustained. 💎 Should the enthusiasm for #AR begin to diminish, we're bracing for a potent rebound from the solid demand at $9.010. The Fair Value Gap (FVG) present at this level bolsters the bullish outlook. Coupled with the liquidity richness, a bullish jump from the Bullish OB is highly anticipated. Nonetheless, dropping below this key level might usher in a shift to a deeper bearish phase.
Long
by MyCryptoParadise
ARUSDT Nearing End of Wave 1Arweave broke out of its ending diagonal and is now nearing completion of the starting wave (1) of a new impulse. My target for the end of this expanding wedge is $15-18 - $18 is the technical target of the wedge breakout but this will likely be manipulated (higher or lower, depending on the leverage positions) because its so obvious. I'll hazard a guess that it reaches $16.5 (there is a weekly support here from the 2021 run that will likely act as resistance).
Long
by cultureofwoods
1
🚀📈 AR Price Analysis - Post-Massive Move! 🔄📊 🚀📈 AR Price Analysis - Post-Massive Move! 🔄📊 📊 Price Movement: Recent Move: AR had a massive move to the upside, reaching $16.5. Current Level: It has retraced back to $13, potentially finding local support. 💼 Trading Consideration: Support Level: If the current level around $13 holds, there might be an opportunity for further upside. Potential Retracement: Failure to hold could lead to a retracement back to $11.60. Major Resistance: The next major resistance is at $25. 🔄🔍 Note: Monitor the price action closely and adapt your strategy based on market dynamics. 📈💹 #AR #CryptoTrading #PriceAnalysis 🚀📌
Long
by Richtv_official