Arweave - #AR Another Falling wedge structure
Diupdate
Arweave is coming into a minor resistance level
But it is a good example of a falling where the price action gets cornered into the end of the wedge
before breaking out to the upside
I expect we could see #Arweave surpass the 0.618 Fibonnaci after a pause and go on to hit 50% retracement. As per a measured move taking the top of the wedge distance to the breakoutpoint.
But it is a good example of a falling where the price action gets cornered into the end of the wedge
before breaking out to the upside
I expect we could see #Arweave surpass the 0.618 Fibonnaci after a pause and go on to hit 50% retracement. As per a measured move taking the top of the wedge distance to the breakoutpoint.
Trade aktif
Arweave is Flying!Trading ditutup: target tercapai
Target Hitwill it retrace ?
will it pause?
Catatan
Measured move, of the falling wedge. Was in the $9.50-60 area. Hit $9.30I calculated the measured move , by taking the low from 30th of Dec 2022 - to the high on 17th of Feb 2023
and adding that distance to the breakout point _ log chart.
Trade aktif
we could be forming a massive inv head and shoulder. Right shouldering from the recent local high
backing and filling going on
neckline ~ $9.30
linear price target north of $15
Trade aktif
Patience pays.Catatan
Imagine Buying and hodling this idea5X already in the bag
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.