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ARBUSDT

Brief Analysis——ARBARB has fallen near the lows of June recently. Offchain Lab once again repurchased ARB worth $1.7 million, but it did not boost the market's confidence on ARB. Also as the leading L2, OP has become a super chain with its OP stack, and its performance within the month surpassed most tokens. The attention paid on ARB gradually decreased. When it was first listed, ARB ushered in a round of rise, but the selling pressure of the airdrop quickly pulled the price down. Since May, ARB has remained fluctuating in the yellow range. The upper rail of the range is the support level of the accumulation area in April. Although the price briefly broke through the upper rail, it quickly returned to it. The ARB started moving down in mid-July, with little bull reinforcement seen in the process. The bears intensified again on August 16, and the price quickly came near the lows. In the last week, although there were some green candles, the length of the green candle was very and was covered by the red candle. After that, ARB began to fall with fluctuation. The bears are always in control. Conclusion: Mostly falling. ARB remains neutral on a large scale. The bulls are not strengthening near the lows. So we come to this conclusion. We set resistance level at 1.0655 and support level at 0.9075. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Short
by Sypool
🟢 ARBUSDT 🟢 LONG - Local on 20.084-hour Chart - ARBITRUM BINANCE:ARBUSDT BINANCE:ARBUSDT.P Following a strong bearish impulse, we observed a significant rebound. A long-term movement is emerging through the MSS. I anticipate a continuation of the bullish momentum towards the removal of EQH (liquidity shelf) within the range of 1.1921 - 1.2068. ... subsequently, I expect to witness a reaction and further downward movement towards the removal of SSL (0.8996). P.S. If you liked the idea, hit the "Rocket" 🚀 (👇) – it would greatly motivate me. This will provide me with additional encouragement to continue sharing my market insights. Subscribe ↗️ to stay updated on new ideas.
Long
by SHIFU_
ARB/USDT is Ready to Fly, Arbitrum Analysis Today Dear Paradisers, Take Notes! ARB finds itself at a pivotal juncture within a triangle formation, hinting at an intriguing turn of events. 💎 At this moment, ARB is making strides to emerge from this triangle. A successful emergence could pave the way for a bullish surge. 💎 However, if the bulls falter in their breakout attempt, ARB might circle back to test its support around the $1.11 mark. As always, the broader market's pulse will be instrumental in shaping this breakout's direction. 💎 On the whole, we're buoyant about ARB reaching these anticipated milestones. Stay tuned with #MyCryptoParadise for more insights!
Long
by MyCryptoParadise_Nathan
ARB/USDT Bullish move incoming?👀 🚀Arbitrum Today Analysis 💎ARB is making a fascinating move as it's currently trading in a demand zone and is primed for a bullish surge. 💎 A few days ago, it skillfully tapped into the bearish Order Block , made equal highs, and initiated a downward move to mitigate the Bullish OB and seize buying liquidity. 💎 Currently, it's nearing a crossover with the EMA 55. If the price maintains its momentum above this, it could trigger an upward move. 💎 Above, there's a supply zone where the price is expected to retest due to remaining liquidity. 💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
ARBUSDT is about To do a Bullish movement!🤑The ARBUSDT is in a Bullish phase by a Falling Wedge Pattern. -A BIG falling wedge indicates the potential for price to reach ATH. ⭐ Note if the Wedge Pattern is broken downwards with the strength of Bearish candles , this analysis of ours will be failed. ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
Long
by CobraVanguard
6
ARBUSDTThe overall situation of BINANCE:ARBUSDT can be described as follows: A descending channel has formed, which confirms with multiple price bounces off the lower channel line. It is likely that the price will soon reach $1.40 from $1.16 and validate the hypothesis of the descending channel, shaping it further. At the price of $1.40, we are witnessing a resistance line, and it doesn't seem likely that the market will be able to break through this resistance under the current conditions. ⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help." Don't forget to like and comment
Long
by Madoir
Enter after failure and stabilizationARB currency has reached its downward trend line, so there is a possibility of a drop. This drop can be to the bottom of the channel, but before entering this position, it must break the support limits. On the other hand, according to the formation of the head and shoulder pattern, there is a possibility of a growth of up to 36% for this currency, but before entering the long position, we must observe the stabilization in it, which means breaking the previous peak and exiting the channel. In this case, we can have a secure entry. follow us
Long
by karaco2022
ARB, What it be?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! In at 1.1291. Initial Elliottwave count and idea got blown up. Had a plan B idea in the vid on it. After being stopped, I cried, then watched how the PA played after the sweep. Swift move up, corrective move to Algo zone. Classic tradedevils setup played out. Possibly a wee little W5 to pop the last pivot then maybe a turn, but I think 1.29 is the level to watch. Breaking below 1.1774 is sus. My internal count idea, atm. Cheers!
Long
by CryptoKnee