BINANCE:ARUSDT
AR/USDT 1-day potential long setup
The price of AR/USDT broke the previous resistance level of 4.36 and touched 4.60, but failed to sustain the momentum and retreated. It has since consolidated in the range of 4.22 to 4.48, but is now compressed between 4.00 and 4.17. The price has been accumulating in this zone for the past 7 days, suggesting...
AR 6H support is now at ~$4.2
Enter 50% at the current price
and try to set some BUY orders near the support zone
If AR stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
GOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Weekly Chart
AR's still in downtrend and trading at 4.2 now
Daily Chart
AR's on the ascending trend line acts a support
Its' in recovering phase to 4.5 and the further resistance around 4.8
I expect AR will fall when hit the resistance
Wait for next move
AR is currently at 4.16 price Level and forming a clear bulish divergence on 8h time frame which can cause good pump in AR very soon. And also double bottom on Weekly Chart.
I see a Cup and Handle structure forming on the Hourly chart for AR/USDT.P on the MEXC chart.
The video explains my analysis.
What do you think?
Where would you enter for a nice Inter-day scalp?
More information about the indicators I am using is in my profile
Good luck out there! :)
#Ar is in descending channel. Price will dump slowly with small pump dumps by staying in the channel.
Wait for channel breakout, if price goes above the channel then Bullish Scenario will be considered.
Hi everyone👋
📚 What is 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 network primarily hosts "the permaweb" — a permanent, decentralized web with a number of community-driven applications and...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AR symbol.
The diameter of the large E branch is ending. I expect upward movements from the specified range
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...
💎 Over the past 21 days, ARUSDT has been consolidating in a range since it reached the high of $6.28 on July 23. Following this peak, a correction ensued, with the price experiencing a precise bounce off the 61.8% Fibonacci support level. Remarkably, AR has managed to hold above this critical support, leading to the formation of a robust demand area in its...
We may see newer lows or keep the range bound.
Both scenarios don’t change the fact that we are already down 90%.
Not a bad place to start DCAing imo.
Accumulation will take weeks since global macro economy is still unstable.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AR symbol.
For risk management, please don't forget stop loss and capital management
It is about to end its diametric G wave and can move up to the red zone. $5.4 is the invalidation level
When we reach the first target, save some profit and then change the stop to entry
Comment if you have...
