ARUSD trade ideas
Anatomy of a trade ARJust explaining my trading process, the anotomy of how an AR trade was planned out
AR breaks past $61 resistance eyeing $70 nextArweave price analysis is bullish today.
Support for AR is present at $65.
Resistance is found at $73.
The Arweave price analysis is predicting a bullish trend for today. The cryptocurrency has tremendously improved in value since yesterday, as bulls have successfully diverted the bearish trend. The price underwent continuous devaluation during the past week, but from yesterday, the AR/USD pair started getting positive market sentiment, and a bullish momentum started as buyers started entering the market. The uptrend is quite aggressive as the crypto pair’s value has been rising for the second day consecutively.
The AR/USD has successfully broken above the resistance of $61 today, and now bulls are marching towards the next resistance of $70, followed by another crucial resistance at $73.
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We can see that Arweave had a very strong breakout from a triangle formation and is now consolidating just above a strong support zone . If support is lost here, then I would be looking for a move down to the next support zone , which could present a great buy opportunity.
AR/USDsupports and resistances are as shown.
seems like price had a re-test after a break out. but RSI is also fairly high. that's why it doesn't seem so secure for new trades. should wait it to be accumulated over time.
if it breaks the vertical line, a parabolic climb is also possible.
AR Primed for new ATH at $385.Broke weekly high resistance, last time that happened, we had a parabolic move up.
Fundamentals are solid - and a lot of scientists are long AR.
Arweave Daily SetupThis one is ready for another leg up. We got increasing volatility + Stochs crossing up with MACD divergence. Amazing R/R as well
AR News AnalysisI predict with the best probability the future trends, my ideas are reserved for the experienced trader. #UniversTrader
