ARWEAVE UPDATE

AR is looking beautiful here, we can see how the price made a liquidity dump below the uptrend support to hunt the stop losses of leveraged longs and likely induce bears into the market. Price then broke back above the zone confirming the move a fakeout and forming a large inverse head and shoulders formation. We can see a very clear level of supply which is the key level for bulls to break above in the near term. AR is a fundamentally SOLID project with huge potential in 2022 we are already holding on SPOT currently running in very small profit. Looking for more upside and a possible leveraged entry if we see a daily close above the supply zone.

Happy new year to you all. Wish you more health and wealth in 2022