Arweave | Very Strong Weekly Session

Par AlanSantana
Mis à jour
We like the bottomed out pairs.
We like low pricing.
We like low risk.

When the action is ongoing, the risk is higher.

Charts like this one: get out right after getting in.
Charts at the bottom: buy and hold is easy.

Arwave (ARUSDT) is moving above EMA100 weekly with a super strong RSI.

➖ Long-term, means the entire bull-market.
➖ Short-term, means the bullish wave that is happening now.

Short-term it can grow strong and then retrace.
Long-term it can produce higher highs and higher lows.

I see potential for additional growth as the week will close strongly bullish.
Just keep in mind that this pair has been moving up since October 2023. A retrace can start any day, anytime.

Thank you for reading.

Namaste.
Commentaire
Our target hits perfectly as usual... Not perfectly because it went beyond target but beyond is always good. snapshot

+190%. | Notice the session close happened right below our target.

➖ More is possible but we buy low to sell high.
➖ Buy red/near support to sell high, near resistance.

Good luck.
Great profits.
Wishing you more and ontinued success.

Namaste.
Commentaire
This is a tricky situation, there is room for a correction but there is always room for additional growth.

Since we only buy low, we let the market to its thing.
Once the action is ongoing, it is too risky.
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