What's up Guys , in this analysis I gonna talk about arweave!
As you can see in the daily time frame for pair of AR/USDT ,since 5 NOV it has been declining after recording a new ATH about 91 $ ,
and now we can see that ar has been fluctuating between 2 decending trendlines,
also bcs of crossing under of emas , it went down under pivot zone and now there is a possibility of further fall to lower support line .
meanwhile it has reached the lower trendline again and it can have a jump , and if be able to reach above pivot area again it can rise to upper trendline ,
by breakout of descending trend line , there is a high possibility to reach the targets respectively and seeing new ATH in the long-term .
so in this case it can continue its rally by closing above trendline or resistance range and have a pulback and continue .
🛑resistances: $58-$62///descending trendline
🆚pivot zone: $27.63-30.62$
❇️supports: $18.93///$10.33-$14 ////ascending trendline
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
As you can see in the daily time frame for pair of AR/USDT ,since 5 NOV it has been declining after recording a new ATH about 91 $ ,
and now we can see that ar has been fluctuating between 2 decending trendlines,
also bcs of crossing under of emas , it went down under pivot zone and now there is a possibility of further fall to lower support line .
meanwhile it has reached the lower trendline again and it can have a jump , and if be able to reach above pivot area again it can rise to upper trendline ,
by breakout of descending trend line , there is a high possibility to reach the targets respectively and seeing new ATH in the long-term .
so in this case it can continue its rally by closing above trendline or resistance range and have a pulback and continue .
🛑resistances: $58-$62///descending trendline
🆚pivot zone: $27.63-30.62$
❇️supports: $18.93///$10.33-$14 ////ascending trendline
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
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