AlanSantana

Arweave | Very Strong Weekly Session

Long
AlanSantana Updated   
OKX:ARUSDT   Arweave/Tether
We like the bottomed out pairs.
We like low pricing.
We like low risk.

When the action is ongoing, the risk is higher.

Charts like this one: get out right after getting in.
Charts at the bottom: buy and hold is easy.

Arwave (ARUSDT) is moving above EMA100 weekly with a super strong RSI.

➖ Long-term, means the entire bull-market.
➖ Short-term, means the bullish wave that is happening now.

Short-term it can grow strong and then retrace.
Long-term it can produce higher highs and higher lows.

I see potential for additional growth as the week will close strongly bullish.
Just keep in mind that this pair has been moving up since October 2023. A retrace can start any day, anytime.

Thank you for reading.

Namaste.
Comment:
Our target hits perfectly as usual... Not perfectly because it went beyond target but beyond is always good.
+190%. | Notice the session close happened right below our target.

➖ More is possible but we buy low to sell high.
➖ Buy red/near support to sell high, near resistance.

Good luck.
Great profits.
Wishing you more and ontinued success.

Namaste.
Comment:
This is a tricky situation, there is room for a correction but there is always room for additional growth.

Since we only buy low, we let the market to its thing.
Once the action is ongoing, it is too risky.

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