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.
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!Dagangan ditutup: sasaran tercapai
Target Hitwill it retrace ?
will it pause?
Nota
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.
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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.Nota
Imagine Buying and hodling this idea5X already in the bag
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