AR COIN SWING LONG - Arweave Long Opportunity
AR is one of my favorite coins fundamentally. It has a strong foundation in storage and distributed computing, which could play a crucial role in integrating AI technology with crypto. I won’t go deep into the details here, but you can read more about it online if you’re interested.
Technical Analysis:
The price reached the monthly demand, ran the daily swing liquidity, and couldn't close below it. We saw a strong rejection from that level, which led to a break in the daily structure.
Additionally, we broke the bearish trendline responsible for the downtrend since spring 2024. The trendline has been retested and rejected, further reinforcing the bullish bias. I believe we could soon see strong upward momentum on this coin.
I’ve purchased a spot bag and opened a futures position at this level, targeting significant upside and potentially holding as a swing trade until all-time highs.
Technical Analysis:
The price reached the monthly demand, ran the daily swing liquidity, and couldn't close below it. We saw a strong rejection from that level, which led to a break in the daily structure.
Additionally, we broke the bearish trendline responsible for the downtrend since spring 2024. The trendline has been retested and rejected, further reinforcing the bullish bias. I believe we could soon see strong upward momentum on this coin.
I’ve purchased a spot bag and opened a futures position at this level, targeting significant upside and potentially holding as a swing trade until all-time highs.
עסקה פעילה
Target filled. We are in profits.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.