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AR/USDT Reclaimed back the key area. Upward Momentum for ARB!!💎 AR's recent market engagement is noteworthy. Presently, AR has reclaimed its position above the resistance area, though it's crucial to wait for the daily candle's closing to confirm this isn't a false breakout in the lower time frame. 💎 If this breakout is valid, AR is poised for a significant upward trajectory, potentially reaching new highs in our targeted bearish OB area. 💎 However, should AR fail to maintain its breakout above the resistance, it may reverse course, descending back to the support area to garner fresh momentum. 💎 This support zone is pivotal; a failure to hold above this support, indicated by a breakdown, could signal a bearish trend for AR, likely leading it toward the demand area for its next major movement.
by MyCryptoParadise_Nathan
AR/USDT Assessing Breakout Potential Above Resistance? 👀 🚀💎 Paradisers, turn your attention to #ARUSDT as it's currently charting an intriguing path in the market. The asset is actively striving to surpass a significant resistance level, hinting at a strong possibility of an upward movement. 💎 Tracing #Arweave recent market behavior, it has shown a consistent pattern of navigating a descending channel, breaking above, and then propelling upwards. Presently, it is engaged in its second attempt to breach the resistance at the $9.479 level. A successful breakout here could lead to a challenge of even stronger resistance levels above. Another bullish indicator is #AR sustained momentum above the EMA 100, which lends additional strength to the bullish outlook. 💎 However, as with all things in the volatile world of cryptocurrency trading, #AR traders should be prepared for various scenarios. In the event the breakout doesn't unfold as anticipated, a strategic move would be to anticipate a bullish recovery from the support level of $7.045. 💎 Importantly, should #AR descend below this support level, it would necessitate a crucial reassessment of the trading strategy. Such a development might point to challenges in sustaining the bullish trend, prompting a need for strategic adjustments in response to the market’s direction. 🌴💰
Long
by MyCryptoParadise
2
AR/USDT Few times Rejected. Downward momentum ???💎 AR has undeniably attracted significant attention in the market. After encountering persistent challenges in breaking through the resistance area, marked by several bearish rejection candles, AR has experienced a downward shift. 💎 There's a possibility that AR might initiate a retesting phase at the demand area around $6.32 to gather momentum for breaking the resistance area. Alternatively, if AR manages a direct breakout without revisiting the demand zone, the probability it could signal a continuation of the upward movement, targeting our envisioned supply area. 💎 However, in the event of AR returning to retest the demand area and failing to sustain its position, resulting in a breakdown, AR may revert to a bearish trajectory, continuing its descent and potentially retracing to a robust demand area.
by MyCryptoParadise_Nathan
2
AR/USDT False Break for AR. Success reclaim or Continue down ?💎 AR has undeniably attracted significant attention in the market. Currently, AR experienced a false breakout from the resistance. It is crucial for AR to reclaim the resistance and close above it to sustain the upward movement. 💎 Successful reclamation of the resistance at $8.1 probability could pave the way for AR to reach our target supply area. However, if it fails to reclaim this resistance, AR may move upward to the retesting phase after breaking down, heading toward the demand area of $6.15. 💎 In the event that AR returns to the demand area, it needs to sustain above the demand and bounce. If the response is mere consolidation at the demand area, there's a possibility that AR could lose the demand area or break down from it. 💎 The bearish scenario unfolds if AR loses the demand area, indicating a bearish signal for AR's movement and the potential for continued downward movement, revisiting the strong demand area.
by MyCryptoParadise
4
AR/USDT potential shift? 👀 🚀 AR Today Analysis💎 Paradisers, direct your attention to ARUSDT as it showcases a captivating trajectory. Currently positioned within a demand zone, it seems to have secured buying liquidity and is gearing up for a potential bullish surge. 💎 AR has been navigating within a channel formation for an extended period. Having recently made contact with the channel's support, it's now reigniting its upward momentum. We're confident in its potential to ascend towards our anticipated resistance level. 💎 However, it's crucial to remain vigilant. Should the price breach the demand zone, there's a strong likelihood it will gravitate back to the support level for another retest. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
Long
by MyCryptoParadise_Simon
E-cutieAll year EQT, an unloved natural gas producer has been a swing trader's paradise. I've harvested so many gains from these E-cutie trees I thought I'd make a thread just for it and post trading updates. The macro technical picture is clear. Years of being battered by shorts ended with capitulation in 2020, followed by a swift rebound. Fundamentals are tightening. According to analysts, $25 is fair price for $2.50 NG price. Goldman Sachs has a $23ish target. Price action is showing signs of bottoming. It's lining up but this is much more profitable short term swings. Currently, price is building a base at previous long term support around $18. More downside is certainly a possibility given that NG prices look overvalued. But, EQT is in a channel and fundamentally undervalued. Investors might front run this sector as demand picks up in later in the year, in which EQT will likely be closer to $25. s3.tradingview.com Long EQT +200 @ 18.10
NYSE:EQTLong
by trade-God
ARUSDT Range Trading Indicates Potential 20% Upside 🚀💎 Over the past 21 days, ARUSDT has been consolidating in a range since it reached the high of $6.28 on July 23. Following this peak, a correction ensued, with the price experiencing a precise bounce off the 61.8% Fibonacci support level. Remarkably, AR has managed to hold above this critical support, leading to the formation of a robust demand area in its vicinity. 💎As the bulls successfully defend this support level, there is a high probability that the price will resume its upward movement. #ARUSDT is likely to target the top of the range and potentially extend further to test the nearest Fibonacci resistance at 78.6% Fibs. This scenario could result in a nearly 20% price increase in a relatively short timeframe. 💎Despite the strong bullish probability, it is crucial to remain open to an alternative scenario where the price continues to decline. This scenario would only materialize if #AR breaks below the current support, thereby granting the bears control and potentially pushing the price down to the technical and psychological support level at $5. Stay tuned Paradisers, as #ARUSDT presents intriguing trading opportunity amidst its range trading dynamics! 🌴
Long
by MyCryptoParadise