FIL/USDT Update 📈📉What's up Guys ,
What happened for Arweave!
In last analysis that I posted for ARUSDT, according to my analysis it followed my pass way and after the cross_under signal it started a sell_off also lost the previous pivot zone and had a huge crash like others altcoins (- > 70 % short 🎯💰 ).
So today we can see it is struggling with the PIVOT zone again and if it be able to breakout this zone ,it can even see the higher resistance zone again , but otherwise , according to the bars pattern it will continue its downtrend ,and after consolidation phase for a while in the green support zone , then can start a new rally , but if it loses this zone also , it can even see the lower support lines!!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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ARUSDT
SHORT ARU /USDT Happy trading
HELLO GUYS THIS MY IDEA ABOUT ARU USDT is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the Seller from this area will be defend this SHORT position...
and when the price come back to this area, strong SELLER will be push down the market again...
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade....
THANKS
TURTLE TRADER🐢
AR/USD - Bullish falling wedge, can price break out?Arweave has formed a large falling wedge (in blue), a bullish formation.
This 3-day timeframe shows RSI already reached the oversold area and a bounce is in order. The issue is that resistance is not far away at just under $19.
Should AR move above $19, then a break above this wedge becomes likely.
Price could also escape this formation by simply moving sideways and forming a prolonged bottom depending on the market conditions.
Bias is somewhat bullish, but I am not convinced price can leave this formation just yet.
Like and follow if you liked this idea.
ARUSDT long - $16.45 to $17.80ARUSDT - Binance
Arweave
Long : 5x/10x
Enter : $16.45
Stop loss : $15.70
Target 1 : $16.82
Target 2 : $17.20
Target 3 : $17.50
Target 4 : $17.80
Target risk : $18
Support levels seem to be stronger than the Resistances BTC will provide bullish trends
up to atleast around $32 000 so that assure me of AR going LONG breaking even up to $18.
ARWEAVE/USDT Nice possible re-entry (or DCA) at the $26 range
Points of coincidence:
- lost support at a significant level ($30-32 range)
- price moving towards the trend line (diagonal support) and anchored VWAP
- MFI is oversold
Failing support at the diagonal (S1) invalidates this trade.
No financial or investment advice.