Arusdtanalysis
Is #ARUSDT on the Verge of a Major Breakout ?Yello Paradisers, are you ready for what’s brewing with #ARUSDT? This might just be the critical moment for a breakout, so let’s dive in!
💎#ARUSDT is showing signs of bullish potential that we can't afford to ignore. Historically, it managed to break through a descending resistance, kickstarting an upward momentum. Right now, it's moving within a key demand zone, and if this momentum holds, we could see it push above a minor resistance level soon.
💎If #ARUSDT maintains this upward pressure, our target lies at a significant resistance zone around $49.52. However, this isn’t the only scenario to watch for. If the price loses momentum at the current demand zone and fails to break through the minor resistance, we could see a bullish rebound from a lower, stronger support level that has been tested and respected twice before. The liquidity at this level only strengthens the probability of a strong upward move from here.
💎On the flip side, if the price drops below this critical support, the bullish scenario could be invalidated, and we might be looking at a further downward movement.
As always, remember that successful trading comes down to sound decision-making and thorough market analysis. Stay sharp, Paradisers strategize smartly, and let’s make the most of what the market offers!
MyCryptoParadise
iFeel the success🌴
ARUSDT Shows Potential for Rally!ARUSDT technical analysis update
AR's price is breaking the falling wedge resistance on the daily chart after 200 days of formation and is about to cross above the 100 EMA. Once the breakout is confirmed on the daily chart, we can expect a strong bullish rally in AR
Regards
Hexa
ARUSDT Strong Support!ARUSDT technical analysis update
AR's price has dropped 67% from its peak and is now trading at its major support zone, where we can expect a bounce.
Before the drop, AR's price had increased by 300% after a broadening wedge pattern breakout. The current price is trading at the broadening wedge's previous peak resistance level, which is now acting as strong support for AR.
target: 200%-300%
Regards
Hexa
AR (Arweave): Falling WedgeTrade setup : Price broke below its 200-day moving average, which signaled onset of downtrend. However, it's trading in a Falling Wedge pattern, which typically resolves in a bullish breakout and a trend reversal. We wait for such a breakout.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Down.
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 $17.00. Nearest Resistance Zone is $30.00, then $37.00.
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 : 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.
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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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.
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 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 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 1-day potential long setupBINANCE:ARUSDT
AR/USDT 1-day potential long setup
The price of AR/USDT broke the previous resistance level of 4.36 and touched 4.60, but failed to sustain the momentum and retreated. It has since consolidated in the range of 4.22 to 4.48, but is now compressed between 4.00 and 4.17. The price has been accumulating in this zone for the past 7 days, suggesting that there is a strong buying interest at these levels.
A long position is now expected in this area, with a target of 4.60 and a stop loss below 4.00. Bullish divergence is also present on the 4-hour chart, which confirms the bullish outlook.
Key technical indicators:
Price: 4.15
Support: 4.00
Resistance: 4.76
Target: 5.20
Stop loss: Below 4.00
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
AR / ARUSDTGOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Arweave(AR) will FALL by the🗻Triple 🗻Top Pattern🗻Hi everyone👋
📚 What is Arweave(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.
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.
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📈 Technical :
Arweave(AR) was able to make a Triple Top Pattern on the 🔴 resistance zone($6.30-$6.00) 🔴.
Also, we can see Regular Divergence(RD-) between the three tops.
Arweave(AR) broke the 🟢 support zone($5.54-$5.45) 🟢.
🔔I expect Arweave(AR) will fall to the next 🟢 support zone($4.90-$4.80) 🟢.
Arweave Analyze ( ARUSDT ), 4-hour time frame ⏰.
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