Arweave Price Prediction 2022Arweave (AR) Price Prediction 2022
Arweave holds the 77th position on CoinGecko right now. AR price prediction 2022 is explained below with a daily time frame.
A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. This is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. When the price hits the top of the channel, sell your existing long position or take a short position. The difference between the other two is that a horizontal channel is characterized as having equal highs and lows.
Currently, AR is in the range of $9.91. If the pattern continues, the price of AR might reach the resistance level of $18.15, & $41.55. If the trend reverses, then the price of AR may fall to $12.23, & $8.33.
Arweave (AR) Support and Resistance Level
Resistance Level 1 $11.51
Resistance Level 2 $16.43
Resistance Level 3 $25.87
Resistance Level 4 $42.70
Support Level 2 $7.64
ARUSDT trade ideas
AR retracement ?
Hi everyone,
AR could not break the resistance around $16.15 and failed to hold the previous support around $14.3.
Retest of the latter level is on going but in my opinion the rejection would be confirmed. If that, we can have a setup as in chart.
Cheers!
PS: FTX and CPI news this week, so we need to pay attention on our trades.
The Next Big Thing in Crypto'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" โ a permanent, decentralized web with a number of community-driven applications and platforms.' This essentially describes the main essence of this coin. This cryptocurrency has few competitors, the main of which is Filecoin . But in my opinion, Arweave has the best team, tokenomics and infrastructure. So, why is this the next big thing in the crypto space? The answer is simple: the demand for decentralized data storage will only grow, and this is probably one of the best projects to invest in. From the technical point of view, the analysis shows that the sale volume are decreasing and there's a gradual accumulation in the area around $7-10. This will be the ideal entry point. At this stage, I have already bought coins for $250 and plan to buy more in the future. But no more than $1,000. My avg. entry price @ $10.55, TP $40, $70, $100, without stop losses, because I only invest what I can afford to lose.
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
AR another leg up?Hello all,
AR among the alts pumping very hard yesterday.
After being in a falling wedge, it seems to be at the end of correction and ready to break-out and do another leg up.
Here is what I'm thinking:
Entry when the wedge is broken out
Invalidation when the wedge is broken down
If long, referenced TPs are in chart
We need to pay attention to the supply area (grey) just above the wedge.
Cheers!
#AR/USDT - Long - Potential 31.85%#AR/USDT provided by the pro trader BlockParty SPOT|USDT
Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: DCA Limit
Invest: 5%
Exit:
Target 3 : 19.95 37.44%
Target 2 : 17.67 21.74%
Target 1 : 15.54 7.06%
DCA Entries
Entry 1: 15.24 - 25%
Entry 2: 14.64 - 25%
Entry 3: 14.09 - 50%
Current market price: 15.21
Stop: 12.95 (-10.78%)
Technical indicators:
24h Volume: 74864762.1233
Satoshis: 15.23
โ
Bullflag breakout. Looks like dip buying in play following AR's Instagram integration pump.
Trade: ARUSDT 04/11/2022 10:40
Account: SPOT
Volume last 24h: 74864762.12 USDT
Arweave up 80%! with a Quickness!!! Where to from here?!Arweave has exploded up 80% in the past few days! Currently it is ranging between $14.00 - $16.oo. If resistance is broken, then I am looking for a move up to the next resistance zone around $18.85. If support is lost, then I would be looking for a pullback to support around $13.00.
Does this move have more gasoline in the tank? Well, the BBWP (not a sexual reference, lol ; ), on the daily is near maxed out. This means that some sideways consolidation in the prior mentioned range is likely before another impulsive move.
If price breaks up, then I am looking for a move towards $17.25, then $19.00.
If price breaks down, then I am looking for a move towards $13.00, then $11.30.
Daily stochastics will remain erect as long as price is closing above $13.00. If stochastics turn bearish, then continuation down to support at $11.30 is likely!
4H RSI is currently in the bullish control zone; however, if price loses support at $14.60 (the last 4H low), then momentum could turn bearish quickly!
Please leave a like if you found value and subscribe to keep up to take with all the hottest charts and setups!
Let's get this crypto!
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This is not financial advice. It is imperative everyone conduct their own research prior to any trade and/or investment!
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 Looks good at this level. Seems like a Cup & Handle!While most Altcoins were dumping AR managed to hold the major resistance level for a long time. The only negative scenario here is volume.
Entering a long position from here. 1st target will be 10.910
DYOR and Analysis. Not a financial advice.
Happy trading. Follow for more analysis.
AR/usdt . looks a clean good setup for short .AR/USDT rising wedge formation on 4H TF . looks a clean setup for short ,
BTC is strictly following a channel no signs for a quick recovery .
s&p dropping again .
btc pumps -> alts dumps .
btc dump-> alt dumps .
btc sideways -> alts pump .
so a very clean setup .
AR 4H SHOOT THIS SHORTCould be a good short soon. Actually Im not trading these fractals, but with a knowledge of alghoritms this can end like this. :D
- Closest support for this altcoin on 1D from JULY 21. it's 7.23 ~(-25%) unnecessary risk.
- Also RSI convergence okay.
? 4H almost uptrend, but don't trust it - IT'S A TRAP.
AR - Head and Shoulder (Update)This is more an update on the previous AR short idea.
We can easily spot and head and shoulder formation on the 1h time frame, which substantiate even more the short position.
At the moment of the writing, the price is attempting a rebound, but overall outlook seems weak.
ARUSDT | BUY ON BREAKOUTARUSDT has been trading with in a falling wedge.
The price currently approached to upper boundary of wedge and has given breakout above wedge.
The price is trading near the100MA.
The bulls will get complete control above the break of horizontal resistance zone .
Trade your level accordingly.