AR: Resistance BreakoutTrade setup : Price remains in a long-term Uptrend. Price got oversold (RSI < 30) and bounced off of $23 support and 200-day moving average. It's now broken above $28 resistance and could swing up to $37 next. Momentum is inflecting bullish again (MACD Histogram rising).
Pattern : Resistance Breakout . Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target. Learn to trade key level breakouts in Lesson 7.
Trend : Short-term trend is Down, Medium-term trend is Down and Long-term trend is Up.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $23.00, then $17.00. Nearest Resistance Zone is $28.00, then $37.00.
ARUSDT
#ARBTC #1W (Binance) Huge descending channel breakout and retestArweave seems about to print a dragonfly doji above 100EMA weekly support, looks like a great swing opportunity in sats.
⚡️⚡️ #AR/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 3.1%
Current Price:
0.0004235
Entry Targets:
1) 0.0004080
Take-Profit Targets:
1) 0.0010729
Stop Targets:
1) 0.0002749
Published By: @Zblaba
CRYPTOCAP:AR BINANCE:ARBTC #Arweave #Web3 #Storage arweave.org
Risk/Reward= 1:5.0
Expected Profit= +163.0%
Possible Loss= -32.6%
Estimated Gaintime= 6-10 months
AR: Oversold at SupportTrade setup : Price remains in a long-term Uptrend. Price got oversold (RSI < 30) and bounced off of $23 support and 200-day moving average. If it breaks above $28 resistance, it could swing up to $37 next. Momentum is inflecting bullish again (MACD Histogram rising).
Pattern : Price is Oversold at Support . This trading strategy finds assets that are oversold (RSI < 30) and are near a support area, which means there's a high probability that price will bounce up near-term. Oversold conditions are typically reached when RSI hits 30 or less. Learn this trading strategy in Lesson 5.
Trend : Short-term trend is Down, Medium-term trend is Down and Long-term trend is Strong Up.
Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $23.00, then $17.00. Nearest Resistance Zone is $28.00, then $37.00.
AR: Oversold at SupportTrade setup : Price remains in a long-term Uptrend, trading above 200-day moving average. Following a bearish breakout from Channel Up pattern, price has pulled back to $28 support and appears oversold (RSI ~ 30), which could be a swing trade entry opportunity with +30% upside potential to $37. Stop Loss (SL) at $25.75.
Pattern : Price is Oversold at Support . This trading strategy finds assets that are oversold (RSI < 30) and are near a support area, which means there's a high probability that price will bounce up near-term. Oversold conditions are typically reached when RSI hits 30 or less. Learn this trading strategy in Lesson 5.
Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Up.
Momentum is Bearish (MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $28.00, then $23.00. Nearest Resistance Zone is $37.00, then $47.00.
ARUSDT Primed for Breakout: Long Trade to $45.5 ResistanceArweave (ARUSDT) is currently trading at a crucial support level around $42.32, a zone that has acted as a resistance in recent 1-hour charts. This presents an attractive opportunity for a long trade, as the price is likely to bounce off this support and seek higher levels.
Technical Analysis:
Key Support Zone: The current price is at the lower end of a trading range, indicating a potential reversal point.
Bullish Divergence : The MACD indicator suggests bullish divergence, hinting at a potential trend reversal.
Positive Fundamentals: Recent fundamental developments, including partnerships and growing adoption, support a bullish outlook.
Higher Timeframe Trend : The overall trend on higher timeframes remains bullish, aligning with the long trade setup.
Proposed Long Trade:
Entry Price: 42.32 USDT (current price)
Take Profit: 45.50 USDT (resistance level)
Stop Loss: 40.8 USDT (below support zone)
AR Long Trade SetupCurrent Situation:
Trend: AR is on a strong and healthy uptrend.
Recent Action: The price has retraced and found support at $38.911.
Trade Strategy:
Entry Point: Enter a long trade above $38.911.
Take Profit Targets:
First Target: $43.850
Second Target: $49.856
Third Target: $56.019
Stop Loss: Set at $36.00 to manage risk.
Summary:
AR is in a robust uptrend and has retraced to a key support level at $38.911. Entering a long trade above this support, with profit targets at $43.850, $49.856, and $56.019, provides a clear plan for capturing potential upside. A stop loss at $36.00 helps manage downside risk effectively.
AR is close to a dropFrom the place where we entered "START" on the chart, our correction has started.
AR seems to be forming a triangle.
We are now in wave D of this triangle. Wave D is a large diametric.
We are now in the last wave of this diametric
In the red box, we wait for wave D to end and enter wave E.
Wave E here is a bearish wave.
The targets are marked on the picture.
Closing a daily candle above the invalidation level will violate the analysis.
invalidation level : 53.9936
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#AR/USDT #AR
We have an upward trend on a 1-day frame, and the price has rebounded from it more than once, and it is expected to rebound from it to the top.
We have a higher stability moving average of 100
We have a bearish trend on the RSI indicator that is about to break higher
Entry price 33.33
The first target is 37.50
The second goal is 41.72
the third goal is 46.50
ARUSDT can ascend further!Hi
BINANCE:ARUSDT
Today, I want to analyze AR for you in a weekly time frame so that we can have a mid-term view of AR regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
AR formed a rounding bottom on weekly timeframe🤔
Up we go if we do breakout
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- Rounding Bottom
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Arweave AR price shows strong movement#Arweave is a decentralised storage network. It's up to you to study it and share your thoughts in the comments ;)
Our attention was drawn to this asset by "pattern" that market players draw on the #ARUSDT chart.
From what we can see on the chart, the NYSE:AR price is confidently "pushing" upwards. The price has now reached a strong level of $44 for the third time.
And then there are 2 options:
1️⃣ or breakout and consolidate above $44 now and continue to grow rapidly.
2️⃣ or now the #ARUSD price is correcting to around $33 and will break out strong level from the 4th time.
Guessing which scenario will work out is not a "good idea"
You need to follow the chart and jump on the side of the stronger players in time.
But for sure, at the moment, the chart shows interest in #AR and the global upward trend.
_____________________
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AR - ARWEAVEAR - Is a AI, Super Computer, and Data Storage Play
The chart of AR looks very good on the daily.
I missed this trade but we will get another entry in the future.
Crypto.com is the only way to own in USA i think.
With that being the case I doubt I will own it.
Daily Structure break and RSI are in step.
I believe this token will perform very well for the rest of the Bull.
It has basically 10X already from the lows.
I may not catch this train but i believe it will be a great ride.
TRADE SAFE
AR ANALYSIS (4H)AR has a strong resistance range ahead.
A downward reversal pattern appears to be forming.
When you reach the supply range, you can look for sell/short positions.
Demand range can be a good place to save profit.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Testing Support at $33AR is presenting a clear narrative on the 4-hour chart. With the current price at $33, AR has shown some weakening in its bullish momentum, as indicated by the price movement converging with a dynamic resistance level and falling back.
The chart details a point where the price has lost its upward drive and indicates that this could be a pivotal area for future price action. The Bollinger Bands show that the price has pulled back from the upper band and is now closer to the lower band, which could act as a short-term support.
The volume is moderate at 53.6K, which doesn't suggest an overwhelming market consensus in either direction at this time. The Moving Average Convergence Divergence (MACD) histogram has ticked up slightly, yet the MACD line remains below the signal line, indicating that the bullish trend may be running out of steam.
The Stochastic Oscillator, while not in the oversold territory, is trending downwards, suggesting that the momentum could be shifting. Moreover, the Relative Strength Index (RSI) is hovering around the midpoint, aligning with a neutral market sentiment without strong bias to either buying or selling pressure.
Given these indicators, traders might be cautious, watching to see if the local support level holds, which could offer a rebound opportunity, or if the price will break through this support and explore lower levels. The area marked as 'Local Support' on the chart will be particularly important; if this level doesn't hold, it could lead to further declines. Conversely, if the price maintains above this support, it could signal a potential recovery or consolidation phase.
The intersection of these technical elements—price action, indicators, and support/resistance levels—will guide traders' decisions in the near term.
AR/USDT Double top, Potential back test on the demand or support💎 AR has recently undergone notable market dynamics, characterized by the formation of a double-top pattern. This pattern typically signifies a bearish trend reversal, with the target set at the demand area.
💎 However, if AR manages to break above the previous high at $47.5, it would invalidate the pattern, indicating a potential continuation of the upward movement toward the strong resistance area.
💎 Should the double top pattern prove valid, AR is likely to back-test the demand area around $25.7 - $22. This demand area holds significant importance, as failure to bounce from here and continue the upward movement would result in further downward pressure, potentially leading to the support area.
💎 Bouncing from the support area is crucial for AR, and it must reclaim the price above the demand zone at $25.7. Failure to do so would signify continued downward momentum, with the price likely to decline further.
🟢 AR Trade Plan: Bullish Pullback Strategy 📈🚀🎯 Entry Point:
Spot buy between $33 to $38 during the anticipated short-term pullback into the buy zone.
🎯 Take Profit Levels:
First target: $54
Second target: $69
🛑 Stop Loss:
Set at a daily close below $28 to manage downside risk.
📊 Strategy Rationale:
Capitalizing on AR's strong performance and potential pullback opportunity.
Targets set at key resistance levels for profit-taking.
Stop loss placed below significant support to mitigate losses in case of a reversal.
📉📈 Note: Stay vigilant for entry opportunities and adjust strategy based on price action. Monitor closely for breakout confirmation. #AR #TradingStrategy #BullishPullback 🟢📊
#ARUSDT #ARUSDT
The price has been moving in a bearish trend since July 2022
We are now on the verge of breaking through this science
Likewise, another bullish-bearish triangle pattern inside the flag was broken upward, giving us momentum to rise
Current price 8.98
The first goal is 14.68
Second goal 18.64
Which represents 200% of the current price