BINANCE:ARUSDT Just started
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💎 AR has certainly captured the market's attention. Presently, AR has managed to break past the supply zone and is in the midst of a confirmed retest phase. Following its retest, where the supply turned into a demand zone, AR experienced a swift upward surge, now approaching the formidable supply level at $6.2.
💎 Should AR successfully breach and settle above the...
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...
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.)
#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.
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For this particular analysis on the Arweave we are using the ARUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where AR broke today above its 1D MA200 (orange trend-line), for the first time ever! That alone is a major bullish break-out but it is not the only one. The price also broke today above the Lower Highs trend-line...
