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ARUSDT

🅰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
AR/USDT { ARWEAVE } - BULLISH SETUPANALYSIS 🔎 - AR/USDT is printing an ascending triangle pattern. - An ascending triangle pattern is a bullish build up pattern. - Price is retesting the ascending triangle's inclined support. - There's a relatively high concentration of buyers at this zone. - The minor downtrend swing is resisted by the descending trendline resistance. - Breakout above this trendline resistance could be a bullish signal. BUY ENTRY ⬆️ - Aggressive entry: current market price. - Conservative entry: breakout above the descending trendline resistance. TARGETS 🎯 - Ascending triangle's horizontal resistance level (@74.40). - Further breakout above the ascending triangle's horizontal resistance could lead to a pump to the fibonacci extension level 1.0 (@114.10). SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
Long
by Chibuike_Odoh
AR: UNDOUBTEDLY THE COIN OF THE FUTUREI am expecting a shift in momentum. At least that is what MACD suggests to me. Is a breakout towards the upside impossible? Nope! However, it seems the less likely scenario. The bowl-shaped formation at the bottom spells nothing but bullishness. The same could be applied to the volume. Golden crosses between EMA50 & EMA100 and MA50 & MA100 indicate bullishness. This coin is on my long-term investment list. Because I want to make profits? Yes, but that's not the whole story. I want to benefit the crypto community as well with this investment and be a part of the huge change that will come to pass in the not-so-distant future.
Long
by Djawad_Afsharirad
18