#AR/USDT#AR
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 23.00
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 24.00
The first goal is 31.11
The second goal is 35.77
The third goal is 41.30
ARUSDT.P trade ideas
AR: Oversold at SupportTrade setup : Price remains in a long-term Uptrend, trading above 200-day moving average. Following a bearish breakout from Channel Up pattern, price has pulled back to $28 support and appears oversold (RSI ~ 30), which could be a swing trade entry opportunity with +30% upside potential to $37. Stop Loss (SL) at $25.75.
Pattern : Price is Oversold at Support . This trading strategy finds assets that are oversold (RSI < 30) and are near a support area, which means there's a high probability that price will bounce up near-term. Oversold conditions are typically reached when RSI hits 30 or less. Learn this trading strategy in Lesson 5.
Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Up.
Momentum is Bearish (MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $28.00, then $23.00. Nearest Resistance Zone is $37.00, then $47.00.
ARUSDTARUSDT is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit to the last broken level, after last LL, which is a good Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
Arweave (AR) Price AnalysisThe AR is currently at $35.097 and testing a support level at $35.414 and EMA100(RED) at $34.75. If the breaks down this level could lead to a more decline towards the next major support zone between $26.567 and $24.381. For a bullish scenario, If the price recovers and sustains above the EMA 55(BLUE) at $38.73, signaling a potential reversal and a path towards retesting the key resistance level at $48.116.
Traders should focus on price action and volume, as these will provide significant information about the market's next move, set clear stop-loss orders, and be prepared for higher volatility.
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 Arweave network uses a native cryptocurrency AR, to pay miners to indefinitely store the network's information
Meta is now using Arweave to permanently store digital collectables from Instagram which is a good news for AR holders
Arweave price today is $16.6 with a 24 hour trading volume of 360 million dollars, AR price is up 60% in the last 24 hours too
AR next targets are 17, 19 and 21
AR — Testing the Ascending Trendline The price is testing the ascending trendline for the fifth time, and each time we've seen a bounce 📈
Considering that some indicators show oversold conditions, I expect another upward bounce. So, I'm opening a long position 🔼
Long X5-10
✅ Entry: ~41.2 - 39.5 - 38.2
🎯 Targets: 43 - 44 - 45.5 - 47 - 49
❌ Stop: 35.7, just below the 8-hour MA200.
ARUSDT Primed for Breakout: Long Trade to $45.5 ResistanceArweave (ARUSDT) is currently trading at a crucial support level around $42.32, a zone that has acted as a resistance in recent 1-hour charts. This presents an attractive opportunity for a long trade, as the price is likely to bounce off this support and seek higher levels.
Technical Analysis:
Key Support Zone: The current price is at the lower end of a trading range, indicating a potential reversal point.
Bullish Divergence : The MACD indicator suggests bullish divergence, hinting at a potential trend reversal.
Positive Fundamentals: Recent fundamental developments, including partnerships and growing adoption, support a bullish outlook.
Higher Timeframe Trend : The overall trend on higher timeframes remains bullish, aligning with the long trade setup.
Proposed Long Trade:
Entry Price: 42.32 USDT (current price)
Take Profit: 45.50 USDT (resistance level)
Stop Loss: 40.8 USDT (below support zone)
Bullish Flag / Elliot / Fibonacci / LiquidationAfter the first Elliott impulse wave, a correction of the second wave in the form of an ABC pattern was completed, forming a flag. According to the flag formation, there is potential for growth within the third wave towards the large liquidity pool zone and the 1.618 Fibonacci level. From there, a correction within the fourth wave is expected, followed by the formation of the fifth wave. Successful trading!
Arweave $AR
I like NYSE:AR better than TSX:FIL and $STORJ. Simply put the pricing model to keep data on blockweaves for a lifetime is more cost efficient for training models long term.
That's about as much as I care about the fundamentals.
I provide two scenarios for NYSE:AR as there is still some ambiguity IMO
Scenario 1: Assumes that wave v completes at the end of June then retraces down, I have the retrace levels marked.
Scenario 2: This is a 1-2,1-2 set up and we can only go higher from there.
I personally prefer Scenario 2 to have another opportunity to buy lower. Either way I'm bullish.
AR wait for entry
AR did a 500% up during the previous rally. In my opinion, the second accumulation is on-going.
It's expected that AR will revisit the support of the current trading zone.
If this happens, I'll consider to enter around $23-$24 or $27-$28 depending on the whole market condition at that moment.
More detailed insights into this cryptocurrency can be found in chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
AR Long Trade SetupCurrent Situation:
Trend: AR is on a strong and healthy uptrend.
Recent Action: The price has retraced and found support at $38.911.
Trade Strategy:
Entry Point: Enter a long trade above $38.911.
Take Profit Targets:
First Target: $43.850
Second Target: $49.856
Third Target: $56.019
Stop Loss: Set at $36.00 to manage risk.
Summary:
AR is in a robust uptrend and has retraced to a key support level at $38.911. Entering a long trade above this support, with profit targets at $43.850, $49.856, and $56.019, provides a clear plan for capturing potential upside. A stop loss at $36.00 helps manage downside risk effectively.
AR is close to a dropFrom the place where we entered "START" on the chart, our correction has started.
AR seems to be forming a triangle.
We are now in wave D of this triangle. Wave D is a large diametric.
We are now in the last wave of this diametric
In the red box, we wait for wave D to end and enter wave E.
Wave E here is a bearish wave.
The targets are marked on the picture.
Closing a daily candle above the invalidation level will violate the analysis.
invalidation level : 53.9936
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 What will happen in the near future!!Hi.
Honestly, I don't feel like explaining because the chart says it all.
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ARUSDT.PHello Trader BINANCE:ARUSDT.P
possible ihns pattern, but usually ihns from bearish charts. I'm a bit hesitant for this one. but validation for the previous resistance is just about to touch the area
entry area: 46.720 - 48.249
take profit 38%
stop loss 5.3%
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Disclamer: Not Financial Advice