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Technicalanalyis

📈 $ARUSDT Two-Week Falling Wedge Spotted! 📉Hey traders! I've identified a potential falling wedge pattern on the ARUSDT chart, observed on the two-week timeframe. Let's explore this setup and see what it could mean for potential trading opportunities. Here are the details: 📌 Ticker: BINANCE:ARUSDT 📌 Pattern: Falling Wedge 📌 Timeframe: Two-Week 📊 Chart Analysis: BINANCE:ARUSDT has formed a falling wedge pattern on the two-week timeframe. This pattern is characterized by converging trendlines with lower highs and lower lows. It often suggests a potential bullish reversal. 📈 Potential Bullish Scenario: If BINANCE:ARUSDT breaks above the upper trendline of the falling wedge with a significant increase in volume, it could indicate a potential bullish breakout. Traders may anticipate a price rally and consider long positions. 📉 Alternative Bearish Scenario: In the event of a breakdown below the lower trendline, it may invalidate the falling wedge pattern, and a bearish continuation becomes a possibility. Traders should remain cautious and monitor price action closely. 💡 TradingView Analysis: For a more detailed analysis, check out the BINANCE:ARUSDT chart on TradingView 🔍 Join the discussion and share your thoughts on this setup in the comments below! Are you watching BINANCE:ARUSDT ? 📣 Don't miss out on the latest trading insights and setups! #ARUSDT #FallingWedge #TechnicalAnalysis #TradingView #CryptoTrading #TradingSetup Disclaimer: This is not financial advice. Always do your own research and consider your risk tolerance before making any trading decisions. Happy trading, and may the markets be in your favor! Professor Node It All
CRYPTO:ARUSDLong
by STP_MrNodeItAll
1
Ripple Price Analysis — November 24XRP has slipped below the critical $1.100 - $1.0500 pivot zone, as the “bankers’ cryptocurrency” struggles to keep bears at bay amid a marketwide FUD. XRP currently trades along a descending trendline, which appears to be taking the cryptocurrency towards the $1 mark. Bulls need to resist this bearish pull and cling to the $1.100 - $1.0500 pivot zone as we head into the end of the year. Much of this bearish bias comes from the lingering SEC vs. XRP lawsuit, which has dragged on for almost a year now. Meanwhile, my resistance levels are $1.0500, $1.1000, and 1.1500, and my support levels are $1.0000, $0.9500, and $0.9275. Total Market Capitalization: $2.57 trillion Ripple Market Capitalization: $48.7billion Ripple Dominance: 1.89% Market Rank: #7
BITFINEX:XRPUSD
by Mr_Wogbe_Alex