Arbitrum ARB Is About To Flash Insane Long Signal!Hello, Skyrexians!
We decided to find the crypto assets with the largest potential and the proper Elliott waves structure and found BINANCE:ARBUSDT which is still at the bottom but has a great chance to print the super strong long signal.
Let's take a look at the weekly chart. We can count all the price action on the Binance exchange as the large irregular correction ABC. Wave C lasts already exactly one year. This wave always consists of 5 waves and here we can have a clear counting. Look how perfect was the wave 4 touch of 0.38-0.5 Fibonacci zone. Now price has reached the maximum target of wave 5. In conjunction with the divergence with the Awesome Oscillator, angulation with Alligator and potential green dot on or Bullish/Bearish Reversal Bar Indicator we can conclude that probability of reversal now is more than 80%. The only one thing we need to wait for the next week to see the green dot confirmation.
Best regards,
Skyrexio Team
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Arbitrium
Arbitrum ARB price suspends its fallTo be honest, I don't really understand why "crypto people" expect some kind of miracle from ARB ?
🤷 The effect of "it's a pity to throw it away - let it be" probably works more here.
So explain to me who should buy #Arbitrum so that its price goes up by super X?
If there are a bunch of "Homunculus loxodontus" who were given AMEX:ARB for billions of dollars just like that, and they are sitting and waiting to sell "very expensive" and do not plan to buy #ARBUSDT anymore...
But the laws of economics work a little differently...
So, if you look at the ARBUSDT chart, if everything goes well, the ARB price should not fall below $0.90
🚀 The targets for the ARB price growth are shown schematically on the chart.
We don't believe in a sharp rise in the #ARBUSD price, it's too heavy a coin.
However, a x2-x3 increase during 2024 is quite realistic.
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ARB Seeking Lower or Forming Bottom?Arbitrium has followed through on my original idea, breaking through support forming a lower low. Now that we have bounced it seems Arb is finding resistance in the wrong places, as well as a lack of support to push up. Leading me to believe that the markets wants lower. However if this develops into sideways consolidation we could be forming a bottom. I’m leaning bearish.
ARB/USDTBINANCE:ARBUSDT
An the price chart a have marked first resistance level that we will see in case the coin starts to grow.
Now we can see local braking of downtrend structure.
Arbitrium coin has the potential to experience significant growth in price due to its current undervaluation and growing Market Cap. By carefully comparison with other trending Crypto projects: BSC, Polygon, Optimism, Avalanche, Fantom utilise a straightforward calculation method, it is estimated that the coin could potentially reach a price of $6 per ARB.
With its promising future potential, Arbitrium is a smart investment choice.
As the demand for this coin grows, so resulting in potentially significant gains for early investors.