ARUSDT trade ideas
New Trading Idea for ARUSDTAs referring to my previous idea, ARUSDT nicely touch on the target price but was unable to break through and retrace nicely which shows support at the yellow trend line. As it's approaching the tip of the triangle between the yellow line and the red line, it's time to observe again. For me, I personally think that it has a higher chance for the price to go higher. But always, set a stop loss if the price break support.
ARUSDT , We are near buy zoneHelloooooo
In here we shown on chart everything you need
We have 2 buy zone area , We expect that the price should drop to the support area ( buy zone ) one more time again and then you can buy and hold it until the target reach ( we will update the target that time )
If you have any question from our team , send us message
Good Luck
Abtin
ARUSDT UPDATEArweave has came down to test the ascending trendline support on the daily TF. We can already see a strong reaction from buyers at this zone, the market is potentially forming a double bottom formation here we are waiting to see a daily close above the confluence of resistance before we can drop down to the 4hr timeframe and look for a valid entry to open leveraged long position.
Don't miss thisTarget T1: $75
Target T2: $96
Arweave is the world's first blockweave coin -- which is a data storage protocol that enables permanent storage of digital assets such as transactions, smart contracts, Web pages, videos, images, and more, directly on its native blockchain.
#not a financial advice
🆓Arweave (AR) Nov-26 #AR $AR
AR is ready to rise sharply from the $60 zone to the $70, $90 and $110 zone in December. If it loses the $60 zone, we will wait to buy it back at the $50 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 60$ zone
🔴Buy : 60
🔴Sell : 70 - 90 - 110
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0$ zone
🔵Sell : 60
🔵Buy : 50
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈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
ARUSDTARUSDT bounced from support on the 1D chart. it's currently retracing back to support. A double wedge is about to be formed if price bounces from support. Also, it'd be considered bullish if there's a breakout from the descending triangle.
Entry: 53.31
TP: 60-90
SL: 42.06
This would be invalidated if price fails to breakout from descending triangle