ARUSD: Bearish 3 Line Strike and a Close Above the 0.786 RetraceArweave today has simultaneously closed above the 0.786 retrace and has taken out the last 3-4 Days of Bearish Price Action on the Daily Timeframe.
We may also be at the PCZ of some sort of Deep Cypher Pattern; it can't be a Shark because the 1.618 Extension is nowhere near being reached so i think it's a Deep Cypher.
Arweave
Arweave AR Crypto Market after the ElectionsMy forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Arweave AR, which is overvalued.
AR/USDT short
Entry Range: $15 - 17
Take Profit 1: $14
Take Profit 2: $11
Take Profit 3: $8.79
Stop Loss: $18
$MATIC - Coming out of the DENHello my Fellow TraderZ,
$MATIC #POLYGON - one of the strongest Layer2 or prefer to say sidechain for #ETHEREUM, both Fundamentally and Technically.
#META partnership with #ARWEAVE - news has added fuel to its PUMPA recently.
On DTF, $Matic has broken the TL and also trying to close the Daily above the strongest Horizontal Resistance.
Look at the VOLUME, shows a clear buyers' interest. Wait for a pullback and enjoy the RIDE.
CHEERS!!!
ARUSDT First time above the 1D MA200 in history!*** ***
For this particular analysis on the Arweave we are using the ARUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where AR broke today above its 1D MA200 (orange trend-line), for the first time ever! That alone is a major bullish break-out but it is not the only one. The price also broke today above the Lower Highs trend-line that started on the January 04 High and has been keeping the token within its Bear Cycle. We can claim that today was the first step to establish the new Bull Cycle.
The 1D MA50 (blue trend-line) is supporting, the 1W RSI is steadily rising since the June 19 Bottom and we are past a 4H Bullish Cross (red 4H MA50 crossing above the yellow 4H MA200). It is natural to see a pull-back now, first due to profit taking and second because the price hit the Resistance Zone formed from the July 18 and July 31 Highs. A rejection can potentially re-test the 1D MA50 as a Support. A closing above the Resistance Zone and more importantly the Channel Up (grey) that seems to have been developed, can target the next Resistance, the 42.00 April 04 High.
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AR USDT SHORT SWING | ARUSDT | SHORT @ 15 - 14 | TP @ 13, 12, 11, 10, 9 | SL @ 17 | PATTERN = BULLISH SIGNAL REVERSED | BINANCE |
This is a longer term swing trade, expect to pan out in days/weeks. PNF chart shows bullish signal reversed trend on hourly. Cipher on daily shows bearish dot
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:ARUSDT BINANCE:ARUSD KUCOIN:ARUSDT BYBIT:ARUSDT BINANCE:ARUSDTPERP
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
Arweave (AR) formed bullish Gartley for upto 31.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Arweave (AR) coin with Bitcoin pair
On a daily time frame, AR has formed a bullish Gartley 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
Arweave (AR) formed bullish Gartley for upto 23.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Arweave (AR) coin with Bitcoin pair
Previously we had a nice trde of AR:
Now on a 4-hr time frame, AR has formed a bullish Gartley 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
AR parallel channel and butterfly#AR/USDT
$AR is below upper line of ascending parallel channel, also there is an ascending support near the price.
🐮 break out from upper line of channel will help bulls continue rally to $16 to complete butterfly pattern.
🐻 break down from ascending support will drop price to middle line of channel that is the same with support zone around $11.
Arweave Cup & Handle Bullish Breakout (+Targets)We have the same pattern also for Arweave (ARBTC) but we will look at it in the C&H way.
We have the cup and handle pattern with a bullish breakout.
The day that ARBTC went above EMA50 is also the second highest volume day for this pair on this chart.
Signaling buyers pressure (strength).
When a pair is trading above EMA10 we say the short-term potential favors the bulls;
Above EMA50, we say the doors are open for strong growth.
Above EMA200, there can be any type of bullish action, fast, slow, strong but always green...
Additional details on the chart.
Namaste.
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 (AR) May-17 #AR $AR
The buying power of AR has gradually increased again after conquering the $14 zone, we can start accumulating AR around this $14 zone and wait for another rally to the $19 zone, this is a very strong resistance area. strength that we need to pay attention to
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 14$ zone
🔴Buy : 15 - 14
🔴Sell : 17 - 19 - 22
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 14$ zone
🔵Sell : 14
🔵Buy : 12 - 10
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
STORJ Rallies After Release of IPFS Pinning ServiceProof-of-Storage (sometimes called Proof-of-Space) coins like STORJ, Filecoin, Arweave, and Sia show a lot of promise in the Web 3 space due to the fact that NFT and metaverse projects are driving demand for storage spaces that are both secure and decentralized. (Web2 servers are centralized and often have a single point of failure.) STORJ has recently released a (closed) beta for an IPFS Pinning Service similar to Pinata and other IPFS services, which probably explains the jump that happened this week in its price.
IPFS is a complex, often misunderstood technology - what exactly is "Pinning" and how does it play into the broader picture of Web3 projects?
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.
Arweave/USDT looking Bullish- From the ATH on Aug 29/2020, AR. retraced 78% then it grew 2700%
- From the ATH on May 15/2021, it retraced 84% then grew 1160%
- The ATH on Nov 05/2021 retraced 74%, and the growth potential should be at least 700% from point C or 400% from the current price.
- Weekly MFI is currently above 55, very bullish.
- Weekly MACD: coming from below 0 line, it looks like it is getting ready for a crossover. I'm biased to say it looks bullish.
- The project is promising and has a lot of growth potential.
- If the price goes below stop loss, the trade is invalidated.
Note: Not financial or investment advice.