ARWEAVE NOVEMBER BREAKOUT
AR price has had a bullish run in the recent months but has met clear resistance in the 70 zone. The price has been in an ascending triangle, with higher lows and multiple tests of the overhead resistance at $70. The price has recently bounced up near the trend line again and is currently somewhat stable. The daily MACD is about to cross soon. AR will likely break the ascending triangle sometime in November especially if BTC remains stable. Watch for the RSI to break the downtrend, and keep an eye on the trend line.
Targets:
$120
Support: $48-49
SL below 48
Targets:
$120
Support: $48-49
SL below 48
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