Arweave is coming into a minor resistance level
But it is a good example of a falling where the price action gets cornered into the end of the wedge
before breaking out to the upside
I expect we could see #Arweave surpass the 0.618 Fibonnaci after a pause and go on to hit 50% retracement. As per a measured move taking the top of the wedge distance to the breakoutpoint.
But it is a good example of a falling where the price action gets cornered into the end of the wedge
before breaking out to the upside
I expect we could see #Arweave surpass the 0.618 Fibonnaci after a pause and go on to hit 50% retracement. As per a measured move taking the top of the wedge distance to the breakoutpoint.
Trade active:
Arweave is Flying!
Trade closed: target reached:
Target Hit
will it retrace ?
will it pause?
will it retrace ?
will it pause?
Trade active:
we could be forming a massive inv head and shoulder.
Right shouldering from the recent local high
backing and filling going on
neckline ~ $9.30
linear price target north of $15
Right shouldering from the recent local high
backing and filling going on
neckline ~ $9.30
linear price target north of $15
Trade active:
Patience pays.
Comment:
Imagine Buying and hodling this idea
5X already in the bag
5X already in the bag
I calculated the measured move , by taking the low from 30th of Dec 2022 - to the high on 17th of Feb 2023
and adding that distance to the breakout point _ log chart.