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ARBUSDT

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
Arbitrum Long term tradeBack at it again with another huge potential trade setup. This time it's Arbitrum the layer 2 scaling solution for Ethereum, designed to improve scalability and reduce transaction costs on the Ethereum network. While I cannot predict the future with certainty, I can provide you with some potential reasons why Arbitrum crypto token could experience significant growth and increase in value: Scalability Solution: Ethereum has been facing scalability challenges due to its limited transaction throughput. Arbitrum aims to address this issue by providing a layer 2 solution that can process a high number of transactions off-chain, while still maintaining the security and decentralization of the Ethereum mainnet. If Arbitrum gains widespread adoption as a scaling solution, it could attract more users and projects to the Ethereum ecosystem, which could positively impact the value of the Arbitrum token. Lower Transaction Costs: Ethereum's high transaction fees have been a concern for users, especially during periods of network congestion. By utilizing Arbitrum, users can benefit from lower transaction costs since most of the transactions are processed off-chain. This cost efficiency may incentivize more users and decentralized applications (dApps) to adopt and utilize the Arbitrum network, potentially driving up the demand for the token. Arbitrum's impressive performance in terms of TVL, volume, and user metrics, despite being a relatively new token, demonstrates its strong adoption and growth potential. Despite launching only a few months ago, Arbitrum has managed to achieve metrics that has far exceeded Solana's. In my trading analysis, I have identified an attractive opportunity with Arbitrum crypto token. My strategy focuses on high-reward, low-risk investments to maximize the probability of returns. If price drops to 0.8$ i will buying a nice bag and riding it to these targets, potentially 70x for the next bull cycle. However, if the price does not reach $0.8 and the market structure appears bullish, I will adjust my approach. In such a scenario, I will employ a breakout strategy, carefully observing and buying on upward price breakouts. It's important to note that this is a long-term play, and I anticipate holding my positions until 2024. I am confident in the prospects of Arbitrum as a new narrative in the crypto space, as old narratives die new ones like Arb are born. By strategically selecting assets with higher betas but lower risks, I aim to achieve substantial returns while maintaining a calculated approach. Don't forget to take profits when the time comes, buying at these prices could be life-changing, the upcoming weeks will be crucial. As always stay blessed and drop a follow to read what other tokens I will be buying soon!
Long
by TEdvic
8
ARB Arbitrum Bullish Trendline ARB is currently displaying a bullish trend continuation pattern, indicating the potential for further upward movement in the near term. The price action suggests ongoing buying pressure and positive market sentiment, signaling the possibility of continued price appreciation. Considering the bullish trend continuation, it is reasonable to set a price target of $1.20 for ARB. This target represents the projected upside that could be achieved if the bullish trend persists. Looking forward to read your opinion about it!
Long
by TopgOptions
Arbitrum ARBUSDT Price Analysis (12h)Upon careful analysis, it is evident that ARBUSDT is displaying the formation of inverted head and shoulders pattern. This pattern consists of three distinct parts: the left shoulder, the head, and the right shoulder. The neckline, which acts as a crucial level of support or resistance, connects the lows of the pattern. Rebound Potential: Based on the formation of the inverted head and shoulders pattern, we can anticipate another rebound in the price of ARBUSDT. The pattern indicates that the price may closely approach the $1.07 support zone before making its way up. This rebound could potentially lead ARBUSDT towards the $1.25-1.50 zone, which aligns with significant resistance levels observed in late April. Supporting Factors: Several factors further support the likelihood of a rebound in ARBUSDT. Firstly, the formation of an inverted head and shoulders pattern is considered a reliable bullish reversal pattern in technical analysis. Secondly, the convergence of the support zone and the historical resistance levels adds strength to the potential upward movement.
by Vestinda
ARB/USDT: Past Prediction Correct, Next Bull Run Target $10 Sure, here is the technical analysis of ARB/USDT in a more professional report format: Current Price: $1.20 Previous Analysis: In a previous analysis, CryptoPatel predicted that ARB/USDT would dump from $1.50 to $0.90. This prediction was correct. Current Resistance Level: $1.25 Expected Price Movement: CryptoPatel expects ARB/USDT to break the $1.25 resistance level and test the $1.43 resistance level. However, they also expect ARB/USDT to be rejected from the $1.43 level and fall back to the $0.7-$0.5 range. This range would be a good accumulation zone for long-term investors. Next Bull Run: CryptoPatel expects ARB/USDT to reach a minimum of $10 in the next bull run. Key Support and Resistance Levels: Support: $1.07/$0.77 Resistance: $1.25/$1.43 Overall Outlook: CryptoPatel believes that ARB/USDT is currently in a downtrend and is expected to continue to fall in the short term. However, they also believe that ARB/USDT is a good long-term investment and could reach a minimum of $10 in the next bull run. Follow us for more Quality analysis Chart.
Long
by CryptoPatel
✴️ Arbitrum | There Is A Problem...This is a new Altcoin project so the chart is new as well. All I do is read charts and share with you my understanding of what I see. When the chart is too young, not enough data, any analysis becomes weak. With that said, we can still proceed. The analysis is based on the short-term due to the lack of long-term information. Things can change fast when considering the short-term. Arbitrum hit a low in 15-June forming a cup pattern (yellow). This is our low support. There is another low 8-May which is marked here with a blue space/line. The fact that ARBUSDT is trading above these levels, gives it bullish potential. We can also see it trading above EMA10 and EMA21 while the RSI is above 50, this is all positive and opens the door for additional growth. Then, while above $1.00 (8-May low), EMA10 and bullish RSI, we can expect additional growth. If this changes the bullish bias is lost. Now that we looked at the signals and defined the risk, we can look at the targets and these are mapped on the chart. $1.46 and $2.38. These are easy for this pair. Remember to do your own research and planning. Thank you for reading. Namaste.
Long
by AlanSantana
5
Arbitrum ARB price near the critical point, where to next?The price of ARBUSDT has reached a critical point: the crossing of the local trend line and the beginning of a strong liquidity zone. In the price range of $1.12-1.27, longs have been taken twice in recent months with the hope of a strong "hype" growth in the price of Arbitrum, but it did not work out. So we assume that it will not be possible to break above $1.27 at the first time, as many ARB holders will sell their investments at "break-even", as human psychology is so organized. On the other hand, a lot of ARBs were distributed to cryptocurrency community members "for free," so why sell them, let them stay in the investment portfolio, maybe they will grow someday) After the ARBUSD price stabilizes above $1.27, you can try to take a long +20% to $1.55 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
14