Arweave (AR) is setting up for upto 20.50% pumpHi dear members , hope you are well and welcome to the new trade setup of Arweave (AR) coin with US Dollar pair.
Recently we caught almost 331% pump of AR as below:
Now on a 2-hr time frame, AR is completing the final leg of a bullish BAT move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ARUSDT
AR/USDT Potential back-test of the support area, Could Bounce ??💎AR has undoubtedly captured significant attention in the market. Presently, AR is positioned for a potential back-test of the support area, coinciding with the presence of the support trendline.
💎 Historical data indicates that AR has consistently exhibited a bouncing pattern when encountering the support zone. If this pattern holds once more, there is the potential for AR to break out of the resistance trendline and subsequently breach the key resistance level at 10.74.
💎 A successful breakout of these levels could probability facilitate an easier path for AR to reach our target zone, the bearish OB area.
💎 Conversely, if AR fails to maintain the support area due to a lack of rebound, this could signify a bearish momentum shift. In such a scenario, the price would likely continue its downward trajectory, eventually reaching the demand area, which was previously a supply zone, and thus creating an opportunity for a fresh upward momentum.
💎 It's important to note that should AR achieve a bounce at the demand area, the possibility of a price recovery is viable, potentially allowing for the reclamation of the price above the support. However, if AR fails to rebound at the demand level and instead breaks down below it, this would confirm a bearish movement, resulting in further downward price action.
AR/USDT Primed for a Bullish Advance from Demand Zone? 🚀 AR💎 Paradisers, prepare for a riveting trading experience with #ARUSDT, as it indicates a bullish push forward from its energetic demand zone.
💎 Observing the shift, the previous supply zone at $11.277 has now become a pivotal demand level. With the #Arweave gaining momentum here, there's a strong chance for an upward trajectory aimed at breaching the supply zone at $17.851, should the momentum be sustained.
💎 Should the enthusiasm for #AR begin to diminish, we're bracing for a potent rebound from the solid demand at $9.010. The Fair Value Gap (FVG) present at this level bolsters the bullish outlook. Coupled with the liquidity richness, a bullish jump from the Bullish OB is highly anticipated. Nonetheless, dropping below this key level might usher in a shift to a deeper bearish phase.
Arweave - #AR Another Falling wedge structureArweave is coming into a minor resistance level
But it is a good example of a falling where the price action gets cornered into the end of the wedge
before breaking out to the upside
I expect we could see #Arweave surpass the 0.618 Fibonnaci after a pause and go on to hit 50% retracement. As per a measured move taking the top of the wedge distance to the breakoutpoint.
ARUSDT SHORT ENTRY TO RETRACEMENT : $15.00 - ~$6.50AR will race down from here for some unrelated reason that some crypto journalist will find randomly tomorrow, and then promptly fabricate an immaculate connection, which the entire world of crypto will swallow without a hitch, exactly as they've been trained to, and I'll endlessly frustrated, still wanting a onezy for my birthday..
Entry: $15.00
TP1: $11.70
TP2 : $6.50 - $7.00 * (WAIT FOR UPDATE TO CONFIRM)
🚀📈 AR Price Analysis - Post-Massive Move! 🔄📊
🚀📈 AR Price Analysis - Post-Massive Move! 🔄📊
📊 Price Movement:
Recent Move: AR had a massive move to the upside, reaching $16.5.
Current Level: It has retraced back to $13, potentially finding local support.
💼 Trading Consideration:
Support Level: If the current level around $13 holds, there might be an opportunity for further upside.
Potential Retracement: Failure to hold could lead to a retracement back to $11.60.
Major Resistance: The next major resistance is at $25.
🔄🔍 Note: Monitor the price action closely and adapt your strategy based on market dynamics. 📈💹 #AR #CryptoTrading #PriceAnalysis 🚀📌
ARUSDT 1H TF Bullish (Dow Series HHs and HLs)ARUSDT instrument shows high volume spikes with series of HHs and HLs. There is no divergence which shows it has good chance of hitting TP1 and TP2. Trade plan as marked on chart: SL @ previous HL, Entry @ Buy Instant CMP and TP1 and TP2 at 1:1 and 1:2. Always remember to break even TP2 if TP1 is hit. What do you think, will it work?
AR UPDATE (4H)This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section
AR has also changed its structure to a triangle and has broken the resistance of the previous analysis
We have a flip zone, if the price pullback to the green flip zone, we will enter a Buy/Long position
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
AR ANALYSIS (6H)We have a large liquidity pool on the chart, which we have marked with $$$. This pool is expected to be swept soon
The F wave of the large diametric is also completed and we need a drop for the G wave.
In this part of the chart we focus on wave F and G. AR can move from supply to demand
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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.
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. 🌴💰
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.
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.
AR/USDT Crucial area. Required for Break to Continue movement💎 AR has certainly captured the market's attention. Presently, AR has managed to break past the supply zone and is in the midst of a confirmed retest phase. Following its retest, where the supply turned into a demand zone, AR experienced a swift upward surge, now approaching the formidable supply level at $6.2.
💎 Should AR successfully breach and settle above the $6.2 supply mark, it's poised for a continued upward trajectory, probability targeting the next supply zone and the bearish OB.
💎 However, if AR faces rejection at the $6.2 supply threshold, there's a possibility it might retreat to the demand zone to gather momentum for another breakout attempt.
💎 On the downside, if AR retraces to the demand zone and fails to hold its ground, it could signal a bearish trend. In such a scenario, AR might be on a path to test the deeper demand level at $4.12.