🔥 ARBITRUM Massive Bull-Flag Breaking Out!ARB has been consolidating inside a bull-flag since the start of 2024. With the altcoin market on fire at the moment, I expect ARB to continue the uptrend and break out in the near future.
Targets placed at the current ATH and 3$. This token could see very decent returns in the near future.
ARB
#ARB Pullback to structure and 61.8 FiboIn time h4, after correction in a descending channel, it is now out of the channel, which can be prepared to continue the upward path after the pullback to 618 Fibo, which is currently a resistance level, confirming the failure of the descending structure. Therefore, at the specified level, it is possible to continue the upward trend with confirmation.
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ARB target 44h time frame
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ARB creating a potential triangle structure, which is also a continuation structure of the wave from 0.76~2.42. Furthermore, this is the possible 2nd wave of Elliott impulse wave, that perform as a correction for previous pump. Therefore, if ARB go back to the uptrend line of triangle again, there is an opportunity to open long.
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TP: 4
SL: 1.5
Arbitrum $1.955 ➥ $3.70Arbitrum $1.955 ➥ $3.70
Entry Price: $1.955
Stop Loss: $1.848
First target: $3.70
Second target: $9-$19
Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain that powers fast smart contract transactions while reducing transaction costs. Layer 2 solutions can scale the base Layer 1 blockchain by delegating complex computational tasks, such as transaction processing and data storage to the second chain.
Waiting on breakout for LONG Trade - ARBBINANCE:ARBUSDT (1D CHART) Technical Analysis Update
ARB is currently trading at $1.8838 and showing overall bullish sentiment. Price is playing inside the triangle and tested the support zone multiple times and now its looking to bounce back from the support. This bounce back could break the resistance. We are looking at a LONG trade if the price breaks the resistance line.
Entry level: $ 2.2188 (after candle close above this price)
Stop loss level: $ 1.7284
Target 1: $ 2.395
Target 2: $ 2.624
Target 3: $ 3.024
Target 4: $ 3.6069
Max Leverage: 3x
Don't forget to keep stop loss.
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GreenCrypto
$ARB Arbitrum Arb in Symmetrical Triangle Pattern... Up or Down?LSE:ARB Arbitrum price action currently in a Symmetrical Triangle
Current price: $1.82
#arb had a 35% retracement from a height of $2.4
Continuous breakdown will find supports: 1.69, 1.54
Else Expect LSE:ARB to retest previous resistances and even reach all time highs, Resistances: 1.98, 2.1, 2.21, 2.34, then 2.49, 2.64, 2.82, 2.96
ARB ANALYSIS (4H)On the chart, from where we entered "START", we seem to see a correction.
This correction seems to be a diametric.
There was a suitable place for the termination of the F wave on the chart, which we marked with red color.
If the price reaches this range, you can enter a sell/short position.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ARB Potential Pre Bull Run ABC CorrectionLooking at the 4hr chart for ARB and the entire history since lauch we can see the initial range formed was approximately 145%.
Currently price has pulled back into and retested the top of the range signaling the possiblity of a larger pullback before a "potential" bull run.
I emphasis the word potential as expectations are based on the 3year cycle. While this cycle has repeated it's self 3 times and likely will again it has long been said when even the shoe shine can predict the next bull run distribuition has run its course and the run never comes.
For now charts are up and to the right until they are not.
Current Trading Plan:
Wait for a potentially larger pull back to the 1.15-1.35 area at 50% of the current range. This would also be a pull back into the swing high to low golden pocket.
Being the market has already pushed up and likely in sideways accumulation if we are going to get another run the next lows should be last oppertunity for the best prices.
Typically as the market expands it grows eponentially which is the basis for the potential targets on the chart.
Trade Well....
ARB/USDT Keep an eye on the demand, Potential Bounce hard!!💎 ARB has witnessed significant developments in the market. After achieving a new all-time high (ATH), the price has experienced a significant decline, and there is a possibility that it will continue to drop until it reaches the demand area around the 1.37 area.
💎 Once it reaches this demand area, there is potential for a bounce, which could lead to a continuation of the upward movement and the probability of setting a new ATH.
💎 However, if ARB reaches the demand area and does not show a positive response, such as consolidating in that region, this could be a concerning sign.
💎 It suggests that there is potential for the price to break down below the demand area and continue its downward trajectory, possibly heading towards the next lower demand area or even reaching the key support area.
Arbitrum ($ARB) - Ranging for now, demand sitting belowThis idea is that ARB will see ranging price action with significant swings over the coming days weeks. Reclaiming the equilibrium would be major, but not sure if we get that just yet.
If the range is lost, I see this heading toward $1.30
Some serious gains to be made even if it ranges for a little while. Overall structure is strong and bullish for a longer term outlook however.
Cheers
ARB/USDT Bullish continuation from demand ?🚀ARB Today Analysis💎 Get ready, Paradisers! #ARBUSDT is on the brink of what looks like a profitable leap, showing all the signs of picking up steam from its current demand zone.
💎 Diving into #ARBITRUM latest trends, it took a little dip below the demand level, nudging the market vibe towards the sell side. Yet, with the price brushing against buying liquidity around this key point, a bullish rebound from the deeper demand at $1.3823 seems on the horizon. If LSE:ARB can keep up the pace after hitting this mark, we're potentially looking at a climb towards the juicy supply zone at $2.4078.
💎 But let's not forget, the trading arena is all about staying one step ahead. Should our star player fail to keep the bullish energy alive from its lower stance, a further drop could be in the cards.
Ascending Trend LineIn ARB's daily timeframe, a critical support exists in the blue zone. Bullish patterns here could resume the main trend. If this support breaks, the next focus is the ascending trend line.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
ARB/USDT bullish horizon what next? 👀🚀ARB Analysis💎 Paradisers, get ready for a promising trading opportunity with #ARBUSDT, as it's showing an increasing likelihood of a bullish continuation from its current demand zone.
💎 Reflecting on #Arbitrum's past performance, we've noted its pattern of creating equal highs followed by a downward trend. At this juncture, we anticipate that it may initially break low, setting the stage for a high probability of a bullish move from the demand level at $1.4362. If the price can maintain its momentum at this level, we aim for a strong push towards the supply zone at $2.4171.
💎 However, as seasoned traders, we're always prepared with a contingency plan. Should the aforementioned scenario not materialize, we anticipate #ARB to make a bullish rebound from a lower demand level at $1.3095. Be aware, though, that falling below this level could lead to a significant bearish movement.