ARB Channel Trade +%20+%40I believe market will go to a small correction soon, so it is quite risky to open long positions.
However, I will take the risk and try this tactic.
This is just a trial not a financial advice.
ARBUSDT.PS trade ideas
ARBITRUM - TOTALLY BEARISHARBITRUM - TOTALLY BEARISH
More than 5% since the last update already. I don't have any other bias as of this moment other than this bearish count so this is it, journey to 0.8.
The accuracy of the past analysis is tantamount to the confidence I have for this bearish 1-scenario.
SOME PREVIOUS ANALYSIS
ARBITUM UPDATE - REDEFINED CHARTARB UPDATE
This is the correction / update to the previous analysis that invalidated based on my error, shouldn't miss twice and I believe this will make it up.
Like I said, I expect BINANCE:ARBUSDT to make a new swing high before the mid term downtrend began (see previous analysis below for context).
Now I expect price to retrace down from this 45 minutes timeframe to create a new swing low (highlighted box) but must not touch the invalidation level before the swing high will be created. Nothing complicated just follow the path wave line (grey line) if you don't understand the technical.
I will like update and upload a setup later.
SOME PREVIOUS ANALYSIS
ARB ShortARB Shifted to the downside by creating CHoCH and BOS with good inducement to trap shorters before mitigating the unmitigated bearish OB above the inducement.............
Wait patiently for the entry to mitigated and a take a short from there......
Follow for more market update and trade setup
#LQR #TOBTC #ARBthese important pivot are painted as Red Resistance and Blue support Price labble
which is needs to break out first and than you may have you'r plan
DYOR
Brief Analysis——ARBIn yesterday's analysis, we talked about the development advantages of Layer 2 and Optimism. Today we look at the current situation of Arbitrum, another Layer 2 leader, and ARB token.
When it comes to ARB, you can always think of the airdrop when Arbitrum logged into the mainnet in March this year. Many airdrop hunters have accumulated huge wealth through ARB. However, a large number of airdrops also suppressed the rise of ARB. Unlike Optimism, Arbitrum did not have whitelist restrictions on projects in the early period, making many native projects such as GMX and Radiant highly innovative and closer to C-end users. This can also be proven by the activity STIP launched by Arbitrum not long ago.
Before the launch of Op Stack, we believed that OP and ARB were highly comparable. But precisely because of the huge amount of airdrops, ARB encountered strong resistance. A good airdrop hunter is not necessarily a good investor. But after the launch of OP Stack, Arbitrum really fell behind Optimism. But it still has advantages compared to other blockchains. Its TVL currently ranks fourth among all block-chains, and its 24h volume ranks third. Stay ahead of the curve when it comes to user experience.
Back to technical analysis. Both Layer 2 and ETH experienced gains last weekend. However, ARB did not break above April's high. And after the long green candle, there is a long period of fluctuation. This is a classic follower characteristic. We use three green ranges to distinguish different phase of ARB's rise. Whales were primarily involved in the second phase of the rise. The rise in the first and second phase is not obvious, but more like a wide range of fluctuations. Later, driven by the market, ARB began to rise in the third period, forming a major increase. During the rise, there were no whales. But during the subsequent fluctuations, we can see a significant increase in whales, which may be a sign of whales taking profits. Then ARB had a long upper pin-bar yesterday, and the bullish trend may be ended.
Switching to the 4h level, we can see that in the last wave of rise, there were not many blue bars representing whales. What followed was one-day-decline. Price are now near previous highs and a rebound is possible, but the uptrend may be coming to an end.
In summary, we believe that ARB has innovation and excellent customer experience, and is a token worth paying attention to. However, due to the large number of airdrops in the past, there may be a lot of trouble before breaking ATH. In the short term, destructive candles have appeared, followed by a period of correction or shock.
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.
ArbusdtNew range New fibs
0.382 appears to be holding here
Long with stops below the lower chuvashov trendline and the 0.382
Decent confluence here..
Arb bullish IdeaArb rising trendline. Might be forming a bullish triangle in consolidation to accumulate strength to push to upward target of $1.8-2.0.
NFA
ARBUSDT PAIR FORECAST.Arb one of the fast developing L2 on ethereum chain just shifted to bullish trend. On-chain analysis shows that degens and investors are more interested in their ecosystem. Remember where money flows growth occurs.
On the chart I have set my accumulation zones from $1.05-$1.5 .Kindly this is not NFA
ARB looks bullishOn our chart we have ascending CH and BOS. Bullish momentum is good.
We have also had a good Break Out on the chart. A supportive swap zone is formed which is our Buy Zone.
If it pulls back to the green range, you can enter a buy/long position. TPs are clear on the picture.
Fixing a daily candle below the green range will violate the analysis
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
ARB NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that ARB has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
Plain and simpleClose above weekly above = head into price discovery like op. The only concern I have is token unlocking around April, but if you think about it, vc pump before unlocks. Sell into Q1 !
$ARB - No resistance left. Golden cross coming up. BULLISH.LSE:ARB - No resistance left. Golden cross coming up. BULLISH.
Arbitrum its sister: Optimism is already mooning.
Arb to follow.
arb Now in upper limit of the channel at 1.5 resistance
Bullish scenario
A breakout of 1.5 could lead to 1.69
Bearish scenario
Support at 1.33
Will ARB deliver what is expected? Potential bullish zone %60ARB did not perform as expected during Bitcoin's recent rise. A pricing may come to collect the losses in BTC parity and to remind that it is one of the hype projects in the bull. It has a valuation of only 3% in the last 30 days. This rate is quite low for this project, so it is possible to see a positive pricing rally in the coming days! Potential targets and levels to watch.
TP1: 1.58$
TP2: 1.82$
Come on, fire it up!
ARB Lights the Path: Get In on the Buy Action Today!"**Arbitrum (ARB) Fundamentals**
Arbitrum is a layer-two scaling solution for the Ethereum blockchain. It uses optimistic rollups to achieve enhanced scalability and lower transaction fees without compromising security. Arbitrum is compatible with the Ethereum Virtual Machine (EVM), allowing developers to seamlessly deploy existing Ethereum applications to the Arbitrum network. The native token of Arbitrum, ARB, is used for governance and transaction fees.
**Recent News**
* **Arbitrum One's Total Value Locked (TVL) Reaches $3.2 Billion** (December 19, 2023) - Arbitrum One's TVL has been steadily increasing in recent months, reaching a new all-time high of $3.2 billion. This growth is attributed to the increasing adoption of Arbitrum by developers and users seeking to avoid Ethereum's high gas fees.
* **Arbitrum Launches Stylus, EVM+ Equivalence Feature** (December 16, 2023) - Stylus, Arbitrum's EVM+ equivalence feature, was officially launched. Stylus allows developers to deploy smart contracts written in popular programming languages like Rust, C++, and more, to Arbitrum without sacrificing compatibility with the Ethereum ecosystem.
* **Arbitrum DAO Approves Security Council Elections** (December 9, 2023) - The Arbitrum DAO has approved the creation of a Security Council to oversee the governance and security of the Arbitrum network. The Security Council will be composed of 11 members, with 5 elected by the DAO and 6 chosen by the Arbitrum team.
**Disclaimer**
Please note that this information is not financial advice and should not be construed as such. Any investment decisions you make should be based on your own research and risk tolerance.
ARB/USDT longT=2$ ~
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted.
It may be used to predict reversals in downtrends.
An inverse head and shoulders pattern, upon completion, signals a bull market.
Investors typically enter into a long position when the price rises above the resistance of the neckline.
ARBITRUM UPDATE - $1.4-6 ON THE HORIZON
The last prediction, call it signal I gave on BINANCE:ARBUSDT made a whooping 6% outrightly without delay and after studying the chart contextually, I have spotted an interesting opportunity technically.
Seems ARBITRUM will be making a new swing high that can present to us another 20% minimum gain and 30-35% if all analysis is correct technically and according to my primary strategy - Elliott Wave Theory.
Invalidation level is clearly. Check update/comment section for contextual chart view also see previous analysis about ARB on my page for context.
ARBITRUM UPDATEIf all past counts 1-5 is being equal according to Elliott Wave Theory, then BINANCE:ARBUSDT shouldn't be crossing that price stated on the chart before it starts it retracement downwards.
ARB/USDTTRADE ALERT! ARB
Ticker: ARB/USDT
Entry:1.245-1.195
Take Profit: 1.3500-1.450-1.60
Stop Loss: 1.0360
Risk to reward: 1:2
Technical Thesis:
ARB is taking pullback
Keep an eye on 0.5 fib to 0.618 fib ( 1.245$ to 1.195$)
ARBUSDTHigh timeframe..
retesting the breakout range set frm original airdrop price action..
optimism is into price discovery
i think arb will be soon to follow...
might need to consolidate this level for a while before making a break upwards
we shall see..
ARB Long Now ARB respects the trend, and when we look at the indicators we see that RSI is under 50% and SMA crosses the RSI which is a good way to represent an up trend, and when we look at the Horizontal Blue line it shows up every moment the Rsi and Adx give us a positive mark
let see How it's going
entry point: 1.1
SL: .9785
