ARUSDT.P trade ideas
AR/USDT.P Cup and Handle structure setting upI see a Cup and Handle structure forming on the Hourly chart for AR/USDT.P on the MEXC chart.
The video explains my analysis.
What do you think?
Where would you enter for a nice Inter-day scalp?
More information about the indicators I am using is in my profile
Good luck out there! :)
long aruHow to Trade Using the SMC Trading Strategy:
We would learn Smart money entry patterns and methods such as:
SMC Reversal Entries
How to identify valid CHOCH.
Major and Minor change of character (CHOCH)
Aggressive Entry setup
Entry Methods:
Firstly let us examine the entry method we can use in the SMC trading strategy. Smc entry methods are divided into two major subcategories namely:
The reversal entry method
The continuation entry method
The reversal entry method can further be divided into two namely:
Change of character (CHOCH) or change of market structure.
Flip entry setup.
Arweave(AR) will FALL by the🗻Triple 🗻Top Pattern🗻Hi everyone👋
📚 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.
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.
--------------------------------------------------------------------------------
📈 Technical :
Arweave(AR) was able to make a Triple Top Pattern on the 🔴 resistance zone($6.30-$6.00) 🔴.
Also, we can see Regular Divergence(RD-) between the three tops.
Arweave(AR) broke the 🟢 support zone($5.54-$5.45) 🟢.
🔔I expect Arweave(AR) will fall to the next 🟢 support zone($4.90-$4.80) 🟢.
Arweave Analyze ( ARUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
AR LOOKS BULLISH (6H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AR symbol.
The diameter of the large E branch is ending. I expect upward movements from the specified range
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ARUSDT Range Trading Indicates Potential 20% Upside 🚀💎 Over the past 21 days, ARUSDT has been consolidating in a range since it reached the high of $6.28 on July 23. Following this peak, a correction ensued, with the price experiencing a precise bounce off the 61.8% Fibonacci support level. Remarkably, AR has managed to hold above this critical support, leading to the formation of a robust demand area in its vicinity.
💎As the bulls successfully defend this support level, there is a high probability that the price will resume its upward movement. #ARUSDT is likely to target the top of the range and potentially extend further to test the nearest Fibonacci resistance at 78.6% Fibs. This scenario could result in a nearly 20% price increase in a relatively short timeframe.
💎Despite the strong bullish probability, it is crucial to remain open to an alternative scenario where the price continues to decline. This scenario would only materialize if #AR breaks below the current support, thereby granting the bears control and potentially pushing the price down to the technical and psychological support level at $5.
Stay tuned Paradisers, as #ARUSDT presents intriguing trading opportunity amidst its range trading dynamics! 🌴
Important Area to trade for ArweaveHere is the important level for your trading in Arweave.
As you can see in the picture, Arweave had a false breakout and that usually means the price will be pushed all the way up the the downtrend we have, but in between there are some scalp trade we can make.
The green area is a 5 min demand zone which if the price continue going up without touching it, I would not consider it as a strong demand zone.
The other two areas are strong Supply zone for scalp trade as volume, price action and Fib illustrate the price will react to these areas.
Eventually I expect the price break the up trend and make lower low in higher time frame.
====================
Nothing in this TA is a financial advice.