Areweave — Trading Ideas on TradingView

Areweave looing for a breakout. NYSE:AR showing a strong reaction after reclaiming a key resistance zone and holding above the local trend structure. Price pushed back above the major volume area near 2.16 and buyers stepped in aggressively on the retest. Momentum is starting to shift back in favor of bulls as higher lows continue to form on the intraday structure. What stands out here: • Strong reclaim of previous resistance • Ascending trendline still intact • Price holding above key moving averages • Volume profile showing acceptance in the current range The current zone is important. Bulls want to see acceptance above resistance with continuation volume. If that happens, AR could start expanding into the next supply region. On the bearish side, losing the recent support area would weaken the structure and likely trigger a rotation back into the lower range. Right now this looks less like exhaustion and more like a market attempting continuation after consolidation. Watch for confirmation, not emotion.

by Mike-BTD

Areweave got a bounce.. Proof of life?Arweave looks like it is trying to shift structure after a prolonged downtrend, but this is not confirmed yet. Price just pushed into a key supply zone while reclaiming short term levels. That move created a potential change of character, but it still needs follow through. Volume expansion on the push is a good sign, showing buyers are stepping in. Right now this area is the decision point. If price holds above this reclaimed level and builds structure, continuation becomes more likely. That would confirm momentum shifting and open the door for a higher low to form. If this level fails, expect a rejection back into the range and possibly a sweep of the lows. That would signal the move was just a liquidity grab rather than a true reversal. Key focus is simple Hold and consolidate above current level for strength Reject and lose structure for weakness Wait for confirmation. This is not the spot to chase, it is the spot to observe.

by Mike-BTD

Ar Arweave #AR $Ar Areweave has found support so far at the $21-$23 range which coincides with support that has worked earlier this month as well as in prior years such as February 21st, 2022, and August 23rd, 2021. However, the wicks through it look somewhat worse this time around and if we get any more pullbacks from CRYPTOCAP:BTC & CRYPTOCAP:ETH with anymore escalation of War etc. issues in the middle east i would be watching for us to drop to the $15-$16 range. We have currently fallen below the ema/ma's of 9,20,& 50. The 180 would be next which coincidentally is currently in the $16 range. Up above us I would be watching for Resistance to begin in the $29-$30 area and if we get through that then things begin to look Gucci again. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.

by rarebreed29