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ARBUSDT

Should you buy this layer-2 token?Arbitrum stands out as a premier layer-2 scaling solution, witnessing a remarkable surge in its token price, soaring by over 300% from its recent low of $0.5 to $2.4. This surge has captivated the attention of investors, especially amidst the bullish sentiments of 2024. Presently, the token's trajectory indicates a bearish trend, hovering close to its support level of $1.7, which also aligns with the 0.618 Fibonacci retracement level. An anticipated unlocking of $2 billion worth of tokens is slated for March 16, 2024. Following this event, there may be opportunities to acquire the token at levels of $1.5 and $1.2.
Short
by teakfinance
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. Entry: Market and lower Target: 2.3 - 2.5 - 2.7 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
Long
by trytofeelpositive
2
BTC.D : ALT SEASON = Dominance Hi Guys , Bitcoin dominance chart shows that it has been in an ascending channel for a long time and after hitting the ceiling of the channel, it is now ready to fall with the change of structure. We can expect a good altcoin season. SecondChanceCrypto ⏰ 19/FEB /24 ⛔️DYOR Always do your research. If you have any questions, you can write them in the comments below and I will answer them. And please don't forget to support this idea with your likes and comments.
CRYPTOCAP:BTC.DShort
by Secondchancecrypto
1
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
by behdark
1
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.
by MyCryptoParadise_Nathan
ARB ANALYSIS🔮 #ARB Analysis 💰💰 🌟🚀 #ARB is retesting its crucial support zone. Also it is trading above its support zone and 50 EMA works as a crucial support. If #ARB successfully retests and sustain above the support zone then it may leads to a rally towards $2.4353 📈📈 🔖Current Price --- $1.7889 🎯Target Price -----$2.4353 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #ARB . 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #ARB  #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
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.
Long
by MyCryptoParadise_Simon
1
ARB/USDT Continue Downward Movement, Keep an eye on the demand!💎 ARB's market presence has recently been a focal point, especially following its new all-time high. However, ARB experienced a pullback, signaling a potential retest at a key demand area, previously acting as a supply zone. As ARB approaches this demand area, a rebound is crucial to prevent further downward movement and to aim for a recovery back to the supply area. 💎 Should ARB fail to hold this demand level during the retesting phase, and if it breaks below it, this would be a significant bearish indicator. Such a breakdown would confirm a continued downtrend, with the next critical level being the support area. 💎 This support level represents a pivotal point for ARB's bullish trend. A strong response, such as a rebound from this support, is necessary for ARB to maintain its upward trajectory. 💎 However, if ARB cannot regain and hold above this support, and instead breaks down further, it would likely signal a shift to a bearish trend. In such a scenario, there is a real possibility of ARB descending even lower, potentially setting new lower lows.
by MyCryptoParadise
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.
Long
by MyCryptoParadise