Arweave/USDT looking Bullish
Arweave/Tether GATEIO:ARUSDT
– From the ATH on Aug 29/2020, AR. retraced 78% then it grew 2700%
– From the ATH on May 15/2021, it retraced 84% then grew 1160%
– The ATH on Nov 05/2021 retraced 74%, and the growth potential should be at least 700% from point C or 400% from the current price.
– Weekly MFI is currently above 55, very bullish .
– Weekly MACD: coming from below 0 line, it looks like it is getting ready for a crossover. I’m biased to say it looks bullish .
– The project is promising and has a lot of growth potential.
– If the price goes below stop loss, the trade is invalidated.
Note: Not financial or investment advice.
