Arweave (AR) 100% - 150% Profit opportunityArweave (AR)
Current Price: 65usd
Buy Zone: 56-62usd
Sell Zone: TP1: 108-120usd TP2:130-140usd
What Is Arweave (AR)?
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" — a permanent, decentralized web with a number of community-driven applications and platforms.
To learn more about this project, check out our deep dive of Arweave.
The Arweave network uses a native cryptocurrency, AR, to pay "miners" to indefinitely store the network's information.
The project was first announced as Archain in August 2017, later rebranding to Arweave in February 2018 and officially launching in June 2018.
ARUSDT trade ideas
Breakout imminent, likely by FridayHi, in my previous analysis, I stated that we should expect a breakout in November from the 48-60 zone, which has played out since.
Previous post is linked below.
Since then, the chart has printed a bullish pennant with a breakout due imminently. On the 4 hour chart this extends over to by the end of the week. A breakout from this range will first face resistance at the ATH at 91, followed by 102 from fibonacci levels.
Target: 102
SL: below 70, or below trend line depending on risk tolerance
Invalidated by: a breakdown of lower trend line
AR, head and shoulders pattern.The following content is machine translation:
The bulls should avoid it temporarily to see if they can break the neckline.
If the break is "true" head and shoulders, bearish.
Failure to break is a "fake" head and shoulders, and there is a high probability that it will set a new high.
Analyzing Business Fundamentals via a Conference Speaker ListI'm about to test out a little something I stumbled on while following the Fantom conference.
Fortunately the conference organizers have laid out the future for you in this simple little thing called, the Agenda.
The upcoming Solana Conference called Break Point has a few reasons why I think coins will explode in the days leading up to it:
1. Solana is one of the hottest ecosystems at the moment by a variety of measures, one being GitHub activity
2. Sam Bankman-Fried has a clear picture how to grow that stems beyond Crypto. If I had to bet on one that could take their product and "Cross the Chasm" to product market fit. I bet on Sam.
2a) Marketing >>> Sports teams
2b) Capital >>> Alameda Research + VC relationships
2c) Game Hype >>> Star Atlas
2d) Regulation >>> FTX US made for Institutions
3. Due to the Solana crash in September, key ecosystem projects are still down 50-70%
4. They seem to like Chinese Astrology. Conference spans 3 Metal Days and ends on a "Close Day".
5. Sam is a Water Monkey speaking on the day of the Monkey on the hour of the Monkey. Coincidence? I don't think so
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Follow up on my previous idea on ARUSDTAs refer to my previous analysis, the Price has broken new high and new low as shown in the yellow dash line. Therefore, the estimated price need to adjust accordingly. Referring to the estimated price shown in the purple dashed line, the target price has just reached. Price is aspected to retrace first.
ARUSDT Resistance Breakout!ARUSDT (1D Chart) Technical analysis
ARUSDT (1D Chart) Currently trading at $71.78
Buy level :Above $71
Stop loss: Below $49
TP1: $90
TP2: $125
TP3: $160
TP4: $205
Max Leverage 2x/Spot Market
Always keep Stop loss
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Store data permanently ,with Arweave : (ARUSDT analysis)Arweave enables you to store documents and applications forever.
What Is🌟 Arweave (AR )🌟?
Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as "a collectively owned hard drive that never forgets," the network primarily hosts "the permaweb" — a permanent, decentralized web with a number of community-driven applications and platforms.
coinmarketcap --arweave.org
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✅TECHNICAL ANALYSIS
As you can see in the Weekly time frame AR/USDT, the price is trading around 11.65$ now.
the Arweave after reaching $ 44 as its ATH ,Like other Altcoins in the market, fell down by Bitcoin dip, and after breaking the EMA21(red line) and closing below it with a strong weekly candle, has not yet been able to close any weekly candle above it . It is now in the consolidation phase and signs of buyers have been found.
We can imagine an inverted H&S pattern at the end of the Trend in the range of an ascending curve that can continue to grow as shown by completing the pattern.
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💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯
🙏with Best Regards and successful trades❤️
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#ARUSDT (Watchlist) 10/21Eyes on breakout!
#AR maybe worth it to add this coin to your Watchlist. 👀
Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. the Cryptocurrency market is very volatile and involves gains and losses as well so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Pree "like button" and leaving your "comments" below our ideas is great thing and supports us in providing more ideas.❤️
Good luck to All.
🙏we ask Allah reconcile and repay🙏