Get ready for an exciting market move as AR ($AR) signals a potential 35% pump. Based on technical analysis, AR is riding a strong uptrend, and with favorable market conditions, itās shaping up to be a standout trade in this altcoin season.
š„ļø Chart Insights:
Trend-Based Fibonacci Analysis:
Golden Level Target: $32 (First Target)
Golden Ratio Target: $35.2 (Potential Target)
Entry Zone: Around $26.23
Stop Loss: $24.02
Take Profit (TP): $35.28
š Why AR Is Bullish:
BTC.D Downtrend: The dominance of Bitcoin is falling, signaling the start of an altcoin season. This shift typically channels liquidity into promising altcoins like AR.
USDT.D Channel: Tether dominance is descending, with momentum pointing towards market positivity and increasing investment in altcoins.
TOTAL3 Uptrend: The TOTAL3 chart (total market cap excluding BTC and ETH) is extremely bullish, supporting a broader altcoin rally.
š„ Additional Indicators:
Liquidation Heatmap: Heavy liquidations just above previous highs signal bullish pressure and momentum for the TOTAL market.
Trade Setup:
š Entry: $26.23
š Target: $35.28
š» Stop Loss: $24.02
šÆ Your Next Steps:
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š Current Market Stats:
AR Price: $25.13 (+1.24%)
TOTAL3 Sentiment: Extremely bullish.
USDT.D Trend: Descending and positive for altcoins.
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