AR / TetherUS
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Arweave - #AR Another Falling wedge structure

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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.
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Arweave is Flying!
İşlem kapandı: hedefe ulaştı
Target Hit
will it retrace ?
will it pause?
Not
Measured move, of the falling wedge. Was in the $9.50-60 area. Hit $9.30

I 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.
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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
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Patience pays.
Not
Imagine Buying and hodling this idea

5X already in the bag

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.