Get started

Arusd

AR/USD - Descending Channel. Price at Support! 🤔Arweave dropped to a key support level at $25 dollars. Normally we should expect a bounce from this level at least until the top of our downtrend or resistance level. However, the market remains quite bearish and a bounce may be weak. If this key support is lost then Arweave will go under $20. I am totally interested to buy at around $10, particularly if the market remains bearish and we get a nice discount. High timeframes like weekly are bearish but in the short term, we could get a nice relief rally. :) Let's see, bias is neutral as long as this support holds. If it breaks, bias turns BEARISH. Like and follow if you liked this idea!
by DU09
AR Arweave: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Arweave (ARUSDT). The chart is self-explanatory. The current price is in a bearish pennant with the RSI in the oversold region. The price may have the ability to go up with a potential for a fake out. The measured move of the bearish pennant is almost at the Danger Zone (multi-month) support line. If price moves up, keep an eye on the resistance areas as well as the Ichimoku Cloud resistance. Included in the chart: Trend line, Support and Resistance Lines, RSI , Bearish Pennant, Ichimoku Cloud, Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
by MillionaireEconomics
AR breaks past $61 resistance eyeing $70 nextArweave price analysis is bullish today. Support for AR is present at $65. Resistance is found at $73. The Arweave price analysis is predicting a bullish trend for today. The cryptocurrency has tremendously improved in value since yesterday, as bulls have successfully diverted the bearish trend. The price underwent continuous devaluation during the past week, but from yesterday, the AR/USD pair started getting positive market sentiment, and a bullish momentum started as buyers started entering the market. The uptrend is quite aggressive as the crypto pair’s value has been rising for the second day consecutively. The AR/USD has successfully broken above the resistance of $61 today, and now bulls are marching towards the next resistance of $70, followed by another crucial resistance at $73.
EIGHTCAP:ARUSDLong
by BernardMikhail1
🅰AR- New ATH, testing previous highsAfter breaking major resistance and setting new ATH on November 5th the price is now back in the area of previous highs testing it as support. The current area is also supported by previous dynamic resistance(aqua), 200EMA(4h), 0.5FIB retracement and mid-channel dynamic support(green). If buyers manage to defend this level, we can expect more upward pressure pretty soon. In case of a bigger dump we can expect the price to find support between 60.69 and key level (58.89) Entry: buy at current price(66.60) down to 200EMA Targets: 70.18 74.80 80.08 85.79 89.53 ---------------------- About AR: Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as "a collectively owned hard drive that never forgets," the network primarily hosts "the permaweb" — a permanent, decentralized web with a number of community-driven applications and platforms. To learn more about this project, check out our deep dive of Arweave. The Arweave network uses a native cryptocurrency, AR, to pay "miners" to indefinitely store the network's information. The project was first announced as Archain in August 2017, later rebranding to Arweave in February 2018 and officially launching in June 2018. Source: coinmarketcap
Long
by V0VOLAN