long ARBAMEX:ARB broke through the descending trendline. Bullish movement to resistance level at 1.05$ is expected to happen
ARBUSDT
📈 ARB: 2-Day Double Bottom - Descending Triangle 🚨 Attention traders, we've got an exciting chart setup on ARB! A 2-day double bottom pattern is forming, with a descending triangle on the horizon. It's time to craft a trading plan for potential breakouts.
Chart Analysis:
Pair: ARB
Timeframe: 2-Day
Key Observations:
Double Bottom: The ARB chart shows a clear double bottom pattern, indicating a potential reversal. 📉📈
Descending Triangle: A descending triangle has formed, suggesting a period of consolidation. 📉🔼
Support and Resistance: The recent double bottom acts as a significant support level. We aim for an upside breakout with resistance at the All-Time High (ATH) around $2. 📊🧩
Trading Plan:
Entry: Consider entering a long position when the price breaks above the upper boundary of the descending triangle. Ensure this breakout is confirmed with strong volume. 🚀📊
Stop Loss: Set a stop loss just below the support level of the double bottom pattern to manage risk effectively. 🛡️⛔
Take Profit Targets:
First Target: Around $2, which is the ATH. This level could act as resistance, so consider taking some profits here. 💰💼
Second Target: Beyond ATH, consider letting a portion of your position run in case of a price discovery phase. 🎯📈
Price Discovery Targets:
In a bullish scenario where ARB experiences price discovery, we could see the price surge toward $20. This is a speculative but exciting target, and you may consider trailing your stop loss to protect gains.
Risk Management:
As with any crypto trade, remember that the market is volatile. Only invest what you can afford to lose and employ proper risk management strategies, including setting stop-loss orders.
Disclaimer: This is not financial advice. Always do your research and consider consulting with a financial advisor before making any trading decisions.
Keep a close eye on ARB as it approaches the apex of the descending triangle. Potential breakouts could be just around the corner. Happy trading, and may the markets be in your favor! 🚀💹
Note: TradingView posts are for educational and informational purposes only. Always conduct your research and use proper risk management when trading cryptocurrencies. 📚🔍
ARB bottom 0.3~0.41D time frame
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ARB performing weak trend since making ATH 1.82 which was hit on 18th April this year. Considering the potential further dump of market, I use 1.13 Fibonacci Expansion to evaluate the appropriate price to buy spot, which range is 0.3~0.4. We could see ARB show this price by December, then it would be a sweet time to accumulate ARB spot before bull.
ARB now can be down upto 1$Maximum holders will book profit now at this strong resistance, As you can see RSI bearish divergence, higher high in price and lower high in RSI, which can lead to a trend reversal and price dumping upto 1$, if it maintain this channel, not a financial advice, trade at your own analysis
Dollar-Shop altcoins 💵 MATIC, SUI, ARBHi Traders, Investors and Speculators of Charts📈📉
For now, this is the last video in the 3-part series of altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑
SUI makes some great arguments in terms of fundamentals, including horizontal scalability and being able to directly pass an asset (such as an NFT), directly into a function argument; great for storage.
MATIC looking like it wants go head back to the 30's:
NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100.
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CryptoCheck
BINANCE:MATICUSDT COINBASE:MATICUSD BINANCE:ARBUSDT COINBASE:ARBUSD BINANCE:SUIUSDT BITSTAMP:SUIUSD
ARB Looking bearishARB broke down from the 4hrs TF trendline and now on support... Wait for bearish retest of the imbalance at 0.8367 or wait for 4hrs candle to close below 0.7972
Follow for more market update
ARB Trade Idea ft. HarmonicsIt bounced from the demand zone and holding well.
Rsi is also in oversold region.
TP: Green Levels.
Sl: Use accordingly
NFA DYOR
ARB has reached the point of considering buyingARB has reached the point of considering buying.
After pumping 30% around the end of September
ARB has returned to the market price level to start pumping.
At this price, we have an opportunity to consider buying.
At the price level of 0.8, there was quite a strong reaction from the bulls.
Now we just need to wait for a short profit-taking session of buyers below 0.8 to buy.
ARBUSDTARBUSDT is trading in bullish parallel channel, and created Head and Shoulder pattern at strong resistance area. And a massive sell rally break the neckline of HnS pattern. any successful retest of broken level will be nice option to sell.
if the sell pressure continues, the next target could be the back to lows at 0.7400 region.
Arbitrum ARB longLong Arbitrum!
It looks like ARB are on a move upwards. I see a potential 30-50% profit trade.
You can either wait for ARB to break the long downward trend (and buy the retest) or start buying at 0.85 (trendline/support ).
The risk/reward looks good, even with a solid stop loss.
For me this is a good spot trade - no leverage - no financial advice!
Plan for ARBLooks like ARB has found its bottom,
And here is the AMEX:ARB sailing plan for you when the arb is adjusting.
ARBUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Target/reversal zone: 0.6 - 0.5$
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
ARB/USDT bullish ride? 👀 🚀 Arbitrum today analysis💎 Paradisers, turn your attention to #ARBUSDT as we've spotted it making intriguing moves, currently trading within a demand zone and gearing up for a bullish surge.
💎 A look back reveals that #Arbitrum broke out of its descending channel, embarking on an upward trajectory. Adding to this, a recent shift has been noted where a previous supply zone has transformed into a demand zone. This transition hints at a likely bullish continuation from this very demand zone.
💎 Another angle to keep in mind: if the price of #ARB breaks below this demand zone, it might descend to its previous low. And if it breaches that previous low as well, a continued downtrend could be on the horizon. In both scenarios, trade with caution and strategy.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
long ARBAMEX:ARB broke through the resistance level and the descending trendline. Bullish movement to $1.03 is expected to happen.
ARB/USDT Break the Descending channel, Bullish Momentum ???Yello Paradisers, Potential Coin! #Arbitrum
💎 ARB has broken out of the descending channel on the 4H timeframe. This could signify bullish momentum for ARB, especially if the daily candle closes above the pattern.
💎 Examining previous movements, ARB has been navigating within a falling wedge pattern. Interestingly, the most recent lower low did not reach the support trendline of the falling wedge, but it did align with the Fibonacci 1.414 target down.
💎 Should the breakout of the descending channel fail, ARB is likely to revert downwards to test the Fibonacci area. This could be an optimal accumulation point as prices touching the golden ratio of 1.618 often result in significant bounces. Notably, this golden ratio also coincides with the area support trendline, enhancing the likelihood of a price bounce upon contact.
$ARB SHORTBINANCE:ARBUSDT losing momentum here. Flipping every support into resistance. The key point here is the breakdown from the diagonal that provided support during this uptrend. Looking for a double bottom at the 0.76 area.
Retest Resistance Zone | Short BiasChart 4H TF
ARB has broken down the trend line then it's retesting resistance now.
Chart 1H TF
BINANCE:ARBUSDT has resistance around 0.833x and higher 0.84x
If it fail, I expect it will come back 0.81 even lower
Wait and see
ARB currency in a big dropThe general trend for this currency is downward, and we can consider two different signals for this currency in two different times.
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ARBUSDTARBUSDT is in strong bearish trend and also form bearish flag pattern. Recently the instrument has break through important support zone.
Now the price is trading within the bearish flag and seems like it getting ready to break it.
Will the sellers took benefits from these bearish confluences?
Long trade #12 for Arbitrum ARB price On March 31 this year, we published an idea with our thoughts on Arbitrum
For those who are too lazy to read, we wrote that at $0.72, we would take a closer look at the coin and see if it is worth buying. The minimum was $0.74.
Assuming that altcoins are finally "feeling their bottom," we can try the following long trade for ARBUSDT:
Enter = 0.7632
Stop = 0.7390 (- 3.17%)
TP = 0.9140 (+ 19.76%)
P/L ratio = 6.2
We allocate $10,000 for this trade
In the event of a mistake, we will lose $317
If the trade will be a success, we will receive a profit of $1976
What do you think about this trade, and what is your vision? Write about it in the comments!
One more low for me to take a position on ARBUSDIt looks like ARB is following a descending channel pattern right now. This pattern is formed by connecting the lower highs and lower lows of its price using parallel lines, showing that it's on a downward trend. From what I've observed, I believe that ARB's price might touch the bottom of this descending channel before it starts moving upward towards new highs.
Break trendlie for bullish
BUY - LONG
ARB/USDT
🔰Entery: = 0.87 - 0.90
❇️Targets
1️⃣0.9079
2️⃣0.919
3️⃣0.949
4️⃣0.974
5️⃣0.99
6️⃣1.019
7️⃣1.044
🧯Stoploss : 0.852
ARB update...AMEX:ARB update...
I'm starting to collect #ARB here, starting small... If #BTC remains low volatility, some #altcoins that are ready should bump... This is a phase of patience... No fomo, #trade slowly...
#trading #arbitrum #ArbitrumDAO #altcoins
