#AR (4 Hours) Arweave is currently ranging for the last 2 Months And is forming an ascending triangle pattern. A Break upwards will easily lead AR to a 100$. A breakdown will give furthur sideways accumulation around 35$.
Broke weekly high resistance, last time that happened, we had a parabolic move up. Fundamentals are solid - and a lot of scientists are long AR.
Arweave is a fundamentally great project and since its main source of income is from Solana, It is lagging behind SOL. Looking at its chart in BTC, It's finally getting out of the flag. Possible target are shown via the arrow.
BINANCE:ARBUSD Didnt use this website much to write anything. Not sure if I am seeing or doing it correctly. Of course, if market and BTC crashes, everything crashes and this is invalidated. Just felt that people would buy around these 2 areas...
The Daily chart shows clear cup pattern the handle was complete it's time to rocketing up now
Ar was trending this week the price continues up - Don't enter when the price is in the danger zone , Because that means it the price will move down addition to this the RSI will show weakness in the volume .
I am expecting a shift in momentum. At least that is what MACD suggests to me. Is a breakout towards the upside impossible? Nope! However, it seems the less likely scenario. The bowl-shaped formation at the bottom spells nothing but bullishness. The same could be applied to the volume. Golden crosses between EMA50 & EMA100 and MA50 & MA100 indicate bullishness....
Arweave break, retest and go. Taking profit at: $40 -25% $55 - 25% Hold - 50% for $1000
Technical analysis: . ARK/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . There is still a...