ARUSDT Primed for Breakout: Long Trade to $45.5 ResistanceArweave (ARUSDT) is currently trading at a crucial support level around $42.32, a zone that has acted as a resistance in recent 1-hour charts. This presents an attractive opportunity for a long trade, as the price is likely to bounce off this support and seek higher levels.
Technical Analysis:
Key Support Zone: The current price is at the lower end of a trading range, indicating a potential reversal point.
Bullish Divergence : The MACD indicator suggests bullish divergence, hinting at a potential trend reversal.
Positive Fundamentals: Recent fundamental developments, including partnerships and growing adoption, support a bullish outlook.
Higher Timeframe Trend : The overall trend on higher timeframes remains bullish, aligning with the long trade setup.
Proposed Long Trade:
Entry Price: 42.32 USDT (current price)
Take Profit: 45.50 USDT (resistance level)
Stop Loss: 40.8 USDT (below support zone)
ARUSDT.PS trade ideas
Bullish Flag / Elliot / Fibonacci / LiquidationAfter the first Elliott impulse wave, a correction of the second wave in the form of an ABC pattern was completed, forming a flag. According to the flag formation, there is potential for growth within the third wave towards the large liquidity pool zone and the 1.618 Fibonacci level. From there, a correction within the fourth wave is expected, followed by the formation of the fifth wave. Successful trading!
Arweave $AR
I like NYSE:AR better than TSX:FIL and $STORJ. Simply put the pricing model to keep data on blockweaves for a lifetime is more cost efficient for training models long term.
That's about as much as I care about the fundamentals.
I provide two scenarios for NYSE:AR as there is still some ambiguity IMO
Scenario 1: Assumes that wave v completes at the end of June then retraces down, I have the retrace levels marked.
Scenario 2: This is a 1-2,1-2 set up and we can only go higher from there.
I personally prefer Scenario 2 to have another opportunity to buy lower. Either way I'm bullish.
AR wait for entry
AR did a 500% up during the previous rally. In my opinion, the second accumulation is on-going.
It's expected that AR will revisit the support of the current trading zone.
If this happens, I'll consider to enter around $23-$24 or $27-$28 depending on the whole market condition at that moment.
More detailed insights into this cryptocurrency can be found in chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
AR Long Trade SetupCurrent Situation:
Trend: AR is on a strong and healthy uptrend.
Recent Action: The price has retraced and found support at $38.911.
Trade Strategy:
Entry Point: Enter a long trade above $38.911.
Take Profit Targets:
First Target: $43.850
Second Target: $49.856
Third Target: $56.019
Stop Loss: Set at $36.00 to manage risk.
Summary:
AR is in a robust uptrend and has retraced to a key support level at $38.911. Entering a long trade above this support, with profit targets at $43.850, $49.856, and $56.019, provides a clear plan for capturing potential upside. A stop loss at $36.00 helps manage downside risk effectively.
AR is close to a dropFrom the place where we entered "START" on the chart, our correction has started.
AR seems to be forming a triangle.
We are now in wave D of this triangle. Wave D is a large diametric.
We are now in the last wave of this diametric
In the red box, we wait for wave D to end and enter wave E.
Wave E here is a bearish wave.
The targets are marked on the picture.
Closing a daily candle above the invalidation level will violate the analysis.
invalidation level : 53.9936
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ARUSDT What will happen in the near future!!Hi.
Honestly, I don't feel like explaining because the chart says it all.
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ARUSDT.PHello Trader BINANCE:ARUSDT.P
possible ihns pattern, but usually ihns from bearish charts. I'm a bit hesitant for this one. but validation for the previous resistance is just about to touch the area
entry area: 46.720 - 48.249
take profit 38%
stop loss 5.3%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
#AR/USDT #AR
We have an upward trend on a 1-day frame, and the price has rebounded from it more than once, and it is expected to rebound from it to the top.
We have a higher stability moving average of 100
We have a bearish trend on the RSI indicator that is about to break higher
Entry price 33.33
The first target is 37.50
The second goal is 41.72
the third goal is 46.50
ARUSDT can ascend further!Hi
BINANCE:ARUSDT
Today, I want to analyze AR for you in a weekly time frame so that we can have a mid-term view of AR regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
AR formed a rounding bottom on weekly timeframe🤔
Up we go if we do breakout
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- Rounding Bottom
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Arweave AR price shows strong movement#Arweave is a decentralised storage network. It's up to you to study it and share your thoughts in the comments ;)
Our attention was drawn to this asset by "pattern" that market players draw on the #ARUSDT chart.
From what we can see on the chart, the NYSE:AR price is confidently "pushing" upwards. The price has now reached a strong level of $44 for the third time.
And then there are 2 options:
1️⃣ or breakout and consolidate above $44 now and continue to grow rapidly.
2️⃣ or now the #ARUSD price is correcting to around $33 and will break out strong level from the 4th time.
Guessing which scenario will work out is not a "good idea"
You need to follow the chart and jump on the side of the stronger players in time.
But for sure, at the moment, the chart shows interest in #AR and the global upward trend.
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AR - ARWEAVEAR - Is a AI, Super Computer, and Data Storage Play
The chart of AR looks very good on the daily.
I missed this trade but we will get another entry in the future.
Crypto.com is the only way to own in USA i think.
With that being the case I doubt I will own it.
Daily Structure break and RSI are in step.
I believe this token will perform very well for the rest of the Bull.
It has basically 10X already from the lows.
I may not catch this train but i believe it will be a great ride.
TRADE SAFE