ARRRUSD, Pirate Chain (request analysis)This is request analysis from @Raul880
Pirate Chain still inside bearish wave with channel down pattern, but pirate chain almost reach major support level at 0.147091. This support level are a strong level from Oct-2023 to Nov- 2023.
The best move to ride next bullish wave is :
1. buy now around fibonacci 0.618 support at 0.163680, with 16% profit projection at fibonacci 1.272 resistance at 0.190063, and maximum target with 46% profit projection at major resistance 0.239032
2. If fibonacci support broken down, wait at major support 0.147091, with 28% profit target at 0.190063
and maximum target with 61% profit projection at major resistance 0.239032
Good luck, Happy Trading
Arrrusdt
"Pirate Chain Hits All-Time Lows: Prime Buying Opportunity!"Pirate Chain (ARRR) Cryptocurrency: A Hidden Gem Rebounding from All-Time Lows
Pirate Chain (ARRR), a relatively lesser-known cryptocurrency, has been making waves in the digital asset space as it rebounds from its recent lows. With a unique focus on privacy and a dedicated team of developers behind it, ARRR is garnering attention from investors who see its potential to emerge as a leading player in the privacy coin sector.
Resilience Amidst Volatility:
Despite experiencing significant volatility in recent months, ARRR has demonstrated remarkable resilience, bouncing back from its all-time lows around 13 cents. This resurgence comes as a welcome relief for investors who have been closely monitoring the cryptocurrency's price movements.
Privacy at its Core:
At the heart of Pirate Chain's appeal lies its commitment to privacy. Built upon the ZK-SNARKs protocol, ARRR offers users a high level of anonymity and confidentiality in their transactions, distinguishing it from other cryptocurrencies in the market. This focus on privacy has positioned Pirate Chain as a frontrunner in the realm of truly anonymous digital currencies.
Limited Supply, Strong Potential:
With only 200 million ARRR tokens in circulation, Pirate Chain boasts a limited supply, which contributes to its scarcity and potential for value appreciation. Coupled with its active development team and growing market presence, ARRR presents a compelling investment opportunity for those seeking exposure to the privacy coin sector.
A Promising Future:
Looking ahead, Pirate Chain is poised for further growth and adoption as the demand for privacy-focused cryptocurrencies continues to rise. With ongoing developments and initiatives aimed at enhancing its usability and accessibility, ARRR is well-positioned to carve out a niche for itself in the ever-expanding cryptocurrency landscape.
Investor Sentiment:
Despite its current price level of around 22 cents, ARRR has garnered bullish sentiment from many investors who view it as an undervalued asset with significant upside potential. As Pirate Chain continues to gain traction and awareness, investor confidence in its long-term prospects remains high.
Conclusion:
In conclusion, Pirate Chain (ARRR) stands out as a hidden gem in the cryptocurrency market, with its focus on privacy, limited supply, and active development making it an attractive investment opportunity. As it rebounds from its recent lows and gains momentum, ARRR is poised to emerge as a leading player in the privacy coin sector, offering users a secure and confidential means of conducting transactions in the digital age.
Roaring to Profits: Uncover the 8.86% Upside Potential in ARRUSD
Technical Analysis:
1.The red line represents a crucial breakout point that triggers an 8.86% bull run.
2.Set your stop loss based on the demand zone of either 1 or 4-minutes intervals. If you need assistance in creating them, please direct message me.
3.Take profits by closing half of your position when reaching the orange line, and adjust your stop loss to breakeven if I haven't provided an update in the thread.
4.Close an additional 25% of your position at the blue level.
5.Remain patient for confirmation of trend continuation, which will be communicated in the thread.
Your comments and feedback greatly boost my confidence and contribute to my growth. Feel free to share your thoughts if you have a different perspective!
Cheers!!
ARRR/USDT Long potential if we can break thia down trendC'mon bulls!
RSI down trend in chart
First resistance in chart
Please comment
Im amateur trader, this is not trading advice
ARRRUSDT 4hr 1dARRR has yet to go into buy territory. It has gone into the moku cloud, but that does not signify anything yet. This setup is meant to show clear trends, and all we have seen so far is a clear trend down followed by choppiness. If we can get above the cloud, and the cloud turns green, it would be safe to start cost averaging in.
For now, the 10SMA has started flattening out as the price has gone beneath it and even below the 20SMA. Granted in this choppiness, these 2 lines crossing don't really make much sense.
If you look at the regular candlestick chart for ARRR, it shows that we have hit a double bottom. Yet the indicators at the bottom are showing that we may be in for yet another drop.
But it just goes to show that there is no need to panic buy or panic sell at this point. Just stay out or hold on to your position if any.
interesting price to jump in such great projectI mean come one! It's a big privacy project
lets not deny that
probably would be one of my best investments! :)
ARRRUSDT 1dLonger term, the double bottom put in towards the end of last month may signal an upcoming rally in the cards. However, in the shorter term, the recent double top means we could get a small dip before the rally starts. This dip will probably reset the overheated stochastic RSI and get the 3 indicators here to be ready for a move up.
ARRRUSDT 4hrSince my previous update on ARRR, price has only gotten further away from the moku cloud. This does not bode well for this coin. Looks like it is still trying to reverse, but I want to see more signs of a turnaround. The cloud first has to turn green, then the price has to drift into the cloud, and the lagging line has to push above the price line. But for now, it all looks like more pain going forward.
ARRRUSDT 4hrFor now, the trend seems to be down and even the last pump couldn't save it from the bear trend on the 4hr renko chart. Notice the last wick at the start of the current wave down just touched the moku cloud and got rejected. On top of that, the moku cloud did not manage to turn green and instead went back down. The lagging span is also currently below the bricks, so expect more pain for the time being.
ARRRUSDT 1w 12hrThings are not looking good for pirate bulls as we have broken the most recent trend line support. 1.50 needs to hold on the weekly if we are still in an uptrend. If not we would be looking at a possible touch of the 1.30 region or even sub dollar levels.
On the 12hr, it looks like a descending triangle has formed with a base at 1.67. The stochastic RSI looks like it wants to turn back up but it being in no man's land means I'm not taking this turn too seriously.
The lower time frames are not faring too well either. the 4hr and 2hr charts still have mixed signals showing the tussle between bulls and bears.
ARRRUSDT 1d 4hr 1hrLooking at the 1day chart, we can see the MACD reversing nicely, though the recent red candle put a dent on the RSI just when it crossed the 50 mark. Trend remains up as it seems we have put a local bottom at 1.6856 region.
There is a small problem for the bulls though as the pattern is now an ascending wedge. This more often than not breaks to the downside.
A look at the 4hr shows that MACD is starting to exhaust itself below the 0 line, meaning we could be headed for a dip soon.
1hr MACD has already crossed into bear territory after that mini dump from 1.9646. However, it is stalling at the demand zone.
The zig-zag through the 200 SMA on the 4hr is doing no one any good so the 200 SMA is not useful at this moment, however, once the 50 SMA crashes below that in another 3 candles or so, the wedge will probably play out.
The tide has turned on the pirate shipArrr mate!! The death cross storm is now over as the golden cross has plotted the path to treasures!!
This is very simple analysis that we're having fun with, but is factual. A golden cross usually leads to upwards momentum.
Pirate chain is the latest privacy coin with lots of hype behind it as it aims on being the top privacy coin.
The two big highlighted areas shows the optimal buy zones at the bottom. It's only upwards action from here. The next target is set at $50 to $55 usd. Future long term prices IMO are triple digits and possibly quadruple digits.
Good luck and have fun.
This is not financial advice.
ARRR, PirateChain is doing so freaking BULLISHi said it before, 1ARRR=1ARRR for me and I don't care much about the price
but here what I believe for a short term
as $XMR growing these days I believe massive bull in privacy projects will start soon, and great adoption and awareness will come with it
ARRR, PirateChain is doing what is supposed to do1 pirate chain is 1 pirate chain for me, I feel guilty doing a technical for a USDT pair
Revolutionary tech
anyway, a huge break out from the channel is coming IMO, any price above $1.80 does that!
It gone be HUGE
don't be a paper hand on this one!
Pirate Chain ( Kucoin ) Technical Analysis update#PirateChain TA Update:-
$ARRR/USDT currently trading at $1.13
$ARRR trading pair On #Kucoin
I am expecting bounce from here because:-
50 EMA strong support holding.
-30% Retracement from recent high.
I am expecting $2 in coming few days.
But
If break 50 EMA support then we can see $0.80 price area.
Support:- $1.10/$0.80
Resistance:- $1.47/$2/$3/$4.30