đ $AR is showing a potential technical setup!
ARUSDT on the 1M timeframe is showing signs of stabilization and a recovery bounce after testing multi-year lows near the major support zones.
đ The Technical Setup:
âą The Pattern: Macro accumulation and recovery bounce from support
âą Short-term Target: 6.266
âą Macro Objective: 10.000
âą Market Structure: Reversal/Accumulation
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: 2.088 - 3.684
âą Resistance: 6.266
âą Breakout Level: 4.670
âą Stop Loss / Invalidation: 2.000
đ Confirmation:
âą Volume: Neutral/standard volume visible on higher timeframe candles
âą Momentum: Recent green monthly candle bouncing off multi-year lows near the 1.618 Fib extension level
âą Trend: Long-term downtrend slowing down with an established base forming near the lows
â ïž Invalidation:
A monthly candle close below the 2.000 level or breakdown below the major support zone.
The asset is attempting a structural reversal after testing key historical support, making it a level of interest for potential long-term accumulation.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#ar #crypto #BinanceSquare #tradingview #TechnicalAnalysis
ARUSDT on the 1M timeframe is showing signs of stabilization and a recovery bounce after testing multi-year lows near the major support zones.
đ The Technical Setup:
âą The Pattern: Macro accumulation and recovery bounce from support
âą Short-term Target: 6.266
âą Macro Objective: 10.000
âą Market Structure: Reversal/Accumulation
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: 2.088 - 3.684
âą Resistance: 6.266
âą Breakout Level: 4.670
âą Stop Loss / Invalidation: 2.000
đ Confirmation:
âą Volume: Neutral/standard volume visible on higher timeframe candles
âą Momentum: Recent green monthly candle bouncing off multi-year lows near the 1.618 Fib extension level
âą Trend: Long-term downtrend slowing down with an established base forming near the lows
â ïž Invalidation:
A monthly candle close below the 2.000 level or breakdown below the major support zone.
The asset is attempting a structural reversal after testing key historical support, making it a level of interest for potential long-term accumulation.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#ar #crypto #BinanceSquare #tradingview #TechnicalAnalysis
