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AR / TetherUS

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ARUSDT trade ideas

AR Arweave: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Arweave (ARUSDT). The chart is self-explanatory. The current price is in a bearish pennant with the RSI in the oversold region. The price may have the ability to go up with a potential for a fake out. The measured move of the bearish pennant is almost at the Danger Zone (multi-month) support line. If price moves up, keep an eye on the resistance areas as well as the Ichimoku Cloud resistance. Included in the chart: Trend line, Support and Resistance Lines, RSI , Bearish Pennant, Ichimoku Cloud, Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
by MillionaireEconomics
ARWeave Analysis: Still on CorrectionAR just painted a head and shoulders pattern and recently broke out of the neckline of this pattern. Since the whole market is bearish and on correction right now, AR will also see more dips. I think we are on the "A" wave of Elliott Wave counting. I expect the A wave to end at $18 and then bounce back up to the bottom line of the main head and shoulders which will complete the pullback as well as the B wave on %38.2 of "V" to "A" impulse. The last correcting wave (C) will bounce at $7.5 which is the golden zone to buy back AR
Short
by farhadnmd
ARWEAVE UPDATE AR is looking beautiful here, we can see how the price made a liquidity dump below the uptrend support to hunt the stop losses of leveraged longs and likely induce bears into the market. Price then broke back above the zone confirming the move a fakeout and forming a large inverse head and shoulders formation. We can see a very clear level of supply which is the key level for bulls to break above in the near term. AR is a fundamentally SOLID project with huge potential in 2022 we are already holding on SPOT currently running in very small profit. Looking for more upside and a possible leveraged entry if we see a daily close above the supply zone. Happy new year to you all. Wish you more health and wealth in 2022
Long
by ITSCRYPTO1