Why Arweave $AR coin dumping When Meta and AR took over the partnership of decentralized data storage on November 3, token prices jumped from $10 to $17 in just 48 hours. We all know the price surged because of positive news, but according to Coinglass, November 3 is the biggest liquidation day for AR perpetual traders.
According to the data, the AR market structure was already in a downtrend when the luna incident occurred, but when the news broke on November 3rd, the price did not surge because of the positive because it was a heavy short squeeze.
BINANCE:ARUSDT
AR Token chart shows extreme bearish in the upcoming day but if we see the bigger time When Luna Aftermath AR reaches the most important support zone, which is the $7 blue line in the image below.
On 7 May When LUNA UST event the price of the AR token is a $7 to $18 rangebound then after September Ar is moving in the tied range for a whole month but when on Nove 3 Meta integration boomed the price towards the $17 dollar which is almost same high on Agust.
FTX Drama and Current uncertainty of the market the AR token price break the crucial Support and then make the new low if the Weekly candle closed below the support then we see a retest of the support and further downwards if the situation is not good in crypto.
Arusdtanalysis
ARUSDT 1W LONG ANALYSISHi, friends. Nice to meet you
Let me share my view on ARUSDTPERP this time
ARUSDT had to rise after breaking through a downward wedge, but it failed to rise due to the economic recession and unfavorable conditions.
Since SUPPORT LINE is a place that continues to protect it, I believe that it will be able to earn profits where it can expect a rebound through split purchases
Arweave (AR) formed bullish Butterfly for upto 112% pump
Hi dear friends, hope you are well and welcome to the new trade setup of Arweave (AR) coin with US Dollar pair.
Previously in AR with USD pair, we caught a nice pump:
Now on a 4-hr time frame AR has formed a bullish Butterfly pattern.
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 : 521.85% Profit Potential in Next 8 Months💣💣💣💣Last 2-3 weeks we seen huge buying in AR coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
ARUSDT Potential PositionAs observed on the chart, the price has a bullish trendline which has already been broken, furthermore, the price is currently in a trading range. It is likely that this trading range is going to be broken towards the bottom, which could in turn enable us to open a short position. However please keep in mind that if the trading range is broken towards the top, we could easily expect a long position opportunity. Either way, keep an eye on this and wait for an entry.
ARUSDT Trend Broken & CwP Pattern | Expecting +65% MoveARUSDT Trend Broken & CwP Pattern | Expecting +65% Move
AR/USDT successfully broke the trend line that existed since November 5, 2021, and completed a strong bullish pattern called Cup and Handle.
Note:
1. Do your own analysis
2. Spot trading only
3. Do proper risk and money management
4. Respect your stop loss
5. I will not be responsible for any of your loss
6. Trade on your own Risk
7. Take the low risk that you can hold
Buying Zone: 59 - 61 - 62 - 63
TP1: 66.21
TP2: 73.46
TP3: 81.89
TP4: 91.05
New ATH: 101.55
SL: 51.42
Trade Risk: 14%
ROI: 64% - 67% - 70%