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Arweave

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.
Long
by AlanSantana
2
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.
Long
by DU09
🆓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
Long
by CryptoStation
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?
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by RyanTanaka
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.
Long
by LGLMUCHO
AR investors barely attempt to hold above $30 after the Dump The price of the Arweave coin is rising after having formed a low in the past six months and suggests a V-shaped recovery. The AR investors are trying to hold the current price above the half-line of the Bollinger Bands indicators over the daily price chart. The Arweave coin price demonstrates the fast rebound from the previous low, which might work as critical support, and the $40-mark is the ideal level for the bulls' short-term resistance. As per Fib retracement, the currency's current price is barely above the 0.236-level; bulls should wait for the daily price candle to close above it. The daily RSI is approaching the half-line (50-Mark) over the daily price chart, reflecting the sideways momentum. Meanwhile, the Stoch RSI is into the overbought territory (K is at 79-mark and D is at 87-mark). Conclusion For the bullish momentum, bulls have to push the price higher above 0.236-level of Fib retracement. Then $40 only remains the vital bullish hurdle of the short-covering. Resistance level- $40 and $50 Support level- $23 and 20
Long
by TheCoinRepublic
AR/USD - Descending Channel. Price at Support! 🤔Arweave dropped to a key support level at $25 dollars. Normally we should expect a bounce from this level at least until the top of our downtrend or resistance level. However, the market remains quite bearish and a bounce may be weak. If this key support is lost then Arweave will go under $20. I am totally interested to buy at around $10, particularly if the market remains bearish and we get a nice discount. High timeframes like weekly are bearish but in the short term, we could get a nice relief rally. :) Let's see, bias is neutral as long as this support holds. If it breaks, bias turns BEARISH. Like and follow if you liked this idea!
by DU09
AR Arweave: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Arweave (ARUSDT). The chart is self-explanatory. The current price is in a bearish pennant with the RSI in the oversold region. The price may have the ability to go up with a potential for a fake out. The measured move of the bearish pennant is almost at the Danger Zone (multi-month) support line. If price moves up, keep an eye on the resistance areas as well as the Ichimoku Cloud resistance. Included in the chart: Trend line, Support and Resistance Lines, RSI , Bearish Pennant, Ichimoku Cloud, Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
by MillionaireEconomics