ARB/USDT Main trend. Pivot Points.Main trend. There is a lot of hype on this cryptocurrency in the Internet space. Although according to the graph especially profit in comparison with other similar HYIP altcoins is not. Take into account and “prices” and volume, at which this cryptocurrency got to the so-called early “investors”.
Secondary trend . Medium-term, the price is in an ascending channel.
Locally at this moment in time the price is at the horizontal consolidation of the local distribution. If the price does not break and consolidate above the resistance of 1.75, a downward flag to the lower boundary of the ascending channel may be realized.
Razloki and price . Note that there was an understandable decline during the last local breakout. The next breakout will occur on 04/16/2024, which is a few days before the bitcoin halving. It is very likely that there will be a decline.
The main support zones are highlighted in gray. Also, specially drawn a simple fan, so that were clear visually dynamic support and resistance zones of the most developing trend in the future, when the price will leave the channel zone.
Local trading situation. Clearly on the linear.
The marker shows the logic and percentages of this important local reversal zone, in case of its breakout or not. Also, the meridian of the channel (green dotted line) has local resistance. Although insignificant in this trading situation. Observe risk management working with HYIP cryptocurrencies.
ARBUSDT trade ideas
Bull Run Investment Plan for Arbitrum for 10X ProfitsDo you know that BINANCE:ARBUSDT has never experienced any bull season before?
Because of its onchain data, I am extremely bullish on Arbitrum as it has the potential to hit $25B mcap in the next bull season.
If you are not positioned on ARB coin yet, now you have a detailed plan on how to get into the coin.
Set your limit orders according to the plan.
No take profit until we get 800% returns on investment because I will be visiting this plan as often as I can for updates.
What do you think about this plan?
If this makes sense to you, follow me now and support my idea.
Don't forget to share your thoughts with me via the comment box.
Cheers!
ARB reaccumulating in September.with standard deviation Fibonacci ratios, we can see that ARB has put in its overall bottom since July 4th now in a slow period of small pumps for an overall retest of the 0.79-0.62 fib to pump higher from a retest of the 0.6200$-0.6400$ levels on ARB are where institutions will have buy orders set at.
from Q4 2023 to the end of Q1 2024 ARB has pumped during these times last year and soon we will be approaching the same monthly timeframe this year where now we see arb has pushed lower during the Q2-Q3 year of 2024 expecting a push when September hits and we will be going into Q4 of 2024.
expect ARB to break $1 in October 2024 and possibly go all the way back up to $1.81.
ALTCOINS That are STRONG NOW1) AVAX
If AVAX can close ABOVE the short term resistance zone, the way up is cleared and more upside potential becomes highly likely:
2) OPUSDT:
OP bottom should be either close, or in as it made a full retracement after the last high:
3) PALM AI
Palm has made a full retracement and filled out the opening candle. If you've been following me for a while, you'll know that this is an important metric for me to watch when buying newly released alts:
4) ARB
Incase you don't know, I have this belief on buying newly released alts where I say the price WILL return to the opening candle zones sooner or later. A healthy bounce from here is then perceived as a sign of strength as the alt is ready for more upside.
More on the above strategy here: HOW to BUY NEW ALTS:
Potential Big Moves for ARBUSDT: Bullish Continuation Ahead?Yello, Paradisers! Are you ready for some potential big moves with #ARBUSDT? Let’s dive into the analysis to see what’s brewing!
💎#ARBITRUM is showing signs of a probable bullish continuation from a support zone at $0.7215. We have observed #ARB following a descending channel for a long time. Recently, after breaking above descending resistance, it’s restoring momentum at the key support.
💎If the price successfully manages to hold momentum at this support level of $0.7215, there is a great probability of a bullish ride, similar to previous behavior at this level. If #ARB manages to break above the probable resistance at $0.8516, it will likely target the next resistance zone and beyond. However, if the price fails to hold momentum at the key support, we’re expecting a probable bullish rebound from the lower demand zone around $0.6306.
💎It's vital to maintain vigilance and closely observe #ARB price movements. A breakdown below the demand area, confirmed by a daily closure, would challenge the bullish scenario and could result in further declines.
Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴
#ARB/USDT#ARB
We have a descending channel pattern on the 4-hour frame, the price is moving inside it and adhering to its borders well
We have a support area in green at a price of 0.600 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the price upwards
Entry price 0.65
First target 0.80
Second target 0.90
Third target 1.03
$4 arbisomeone say something about defi summer?
oh yeah, that was me.
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im predicting arbitrum hits $4.50 into august.
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structure is simple,
airdrop came up in 5 waves,
has since corrected in 3 waves down through an expanded flat.
expanded flat is labeled as wave (b) for strategic purposes.
some might label it as wave (2), but not me,
not this time.
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buy arb here (market order)
tp $4+
sl 0.499
🌙
In-Depth Arbitrum Analysis: Current Trends & Insights✨Welcome to my channel. Here, we conduct a daily analysis of crypto projects and forex pairs.
📅Let's dive into today's analysis, focusing on the crypto market and the Arbitrum project.
🗂 About the Project : Arbitrum is a blockchain project in the crypto space, known for being one of the popular Layer 2 Ethereum solutions. It helps reduce transaction fees and increases speed and security. Arbitrum launched as a Layer 2 blockchain in August 2021 and also conducted a major airdrop, which significantly boosted its popularity over its competitors.
📦 Arbitrum Airdrop : In March 2023, Arbitrum introduced the ARB token and simultaneously airdropped 12.75% of the tokens to its users. This large distribution excited many in the crypto community.
🏅 Airdrop Impact : The airdrop significantly increased trust in the blockchain. Currently, Arbitrum has around $3 billion in TVL (Total Value Locked) and ranks fifth in the market. Its token has a market cap of $2.3 billion and holds the 41st position on CoinMarketCap.
🌱 Project Ecosystem : Given the high TVL, Arbitrum's ecosystem is very active. Major platforms like AAVE, GMX, UNISWAP, PENDLE, and RENZO support this blockchain. There are also specialized platforms that operate solely on Arbitrum, such as Camelot, a DEX that has greatly contributed to the project's growth.
🗡 Camelot Project : As mentioned, Camelot is one of the exclusive projects in the Arbitrum ecosystem. It is a DEX where you can swap tokens in a decentralized manner and become a Liquidity Provider to earn rewards.
📈Here is the chart for the GRAIL token, Camelot's official token. Camelot rewards you with this token for providing liquidity. As you can see, after hitting the resistance at 2675 and breaking the upward trendline, the price entered a downtrend, dropping to 709 and forming key levels at 1008, 1252, and 1418, which could act as strong barriers to price growth.
⚡️Now that we have reviewed the project and its ecosystem, let's analyze the ARB token chart from a technical perspective.
📅 Weekly Timeframe
In this timeframe, after the token launch and airdrop, the price pumped initially and corrected to the 0.7654 level. Alongside Bitcoin, it started an uptrend reaching 2.1782. The price tested this resistance several times but failed to establish above it. Following the entry of selling volume, the chart exited the Distribution Zone and started to drop, now even losing the 0.7654 support and reaching 0.6482.
🛒If you had already bought this token, I hope your stop-loss was triggered. If not, I hope you managed your investment well to avoid significant losses. For spot purchases, I would wait for the RSI to break above 34.79 to confirm that the downward momentum is out of the market. Afterward, we can buy based on our personal strategy once the price stabilizes above key levels.
📅 Daily Timeframe
In this timeframe, after reaching the 0.6216 support, the price is correcting upwards with decreasing volume, indicating the strength of the downtrend. Despite the RSI losing the 40.13 resistance, upward momentum has not entered the market. This is because the SMA25 is directly above the price, serving as a major resistance.
📉If the SMA25, which coincides with the 0.7654 resistance, pushes the price down, it could reach the S1 pivot monthly level. Should the price continue to make lower highs and drop further, the 0.4826 level (S2 pivot) would be a logical target.
📈If the price stabilizes above the SMA25 and breaks through the 0.7654 level, with increased buying volume and upward momentum, we can confirm an uptrend in this timeframe.
🔑 Key levels in the daily timeframe for ARB are:
Supports at 0.6216 and 0.4826
Resistances at 0.7654, 0.9264, 1.2669, and 2.1782
⌛️For short-term analysis of this token, let's move to the 4-hour timeframe for more detailed insights.
🔍In the 4-hour timeframe, we can observe a Low Wave Cycle. After hitting the 0.6263 support, the price has made higher highs and lows twice. According to Dow Theory's definition of an uptrend, we can say this timeframe is in an uptrend. However, we must also consider another crucial point. According to Dow Theory, volume should confirm the trend and align with the price. As seen in the chart, volume diverges from the price, so we cannot declare an uptrend in the 4-hour timeframe as it lacks the primary Dow Theory confirmation.
📈For an uptrend, I suggest waiting for the price to stabilize above 0.7654, a significant level observable in the daily timeframe. Additionally, buying volume should increase to gain Dow Theory confirmation, allowing us to trust the price rise. If the trend becomes bullish, the resistances ahead are 0.8449 and 0.9264.
📉For a market downturn, since higher timeframes are bearish, we can use riskier triggers to confirm the entry of downward momentum, as these risky triggers align with the trend and are more reliable. The risky trigger level is 0.6822, and the main support is 0.6263. Note that the 0.6822 trigger, being risky, is not entirely reliable, and there's a higher probability of fake moves and traps. If the market turns bearish, the target, as seen in the daily timeframe, would be 0.4826.
⚠️Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research.
ARBUSTD Timeframe Day waiting in green boxARBUSTD Timeframe Day waiting in green box
In my opinion ending correction and should be move break green box and confirm structure wave1
Confirming the Structure of Wave 1:
Once the price breaks above the green box, we look for confirmation that this move initiates Wave 1 of the new impulse sequence:
Initial Impulse Move:
Strong Upward Movement: The price should exhibit a strong, clear upward move, indicating the beginning of Wave 1.
Market Sentiment Shift: Market sentiment shifts from consolidation to a bullish trend, often visible in price action and volume.
Validation Points:
Retest of Breakout Zone: Often, the price may retest the breakout level (green box) to confirm it as new support before continuing upward.
Higher Highs and Higher Lows: The formation of higher highs and higher lows further confirms the initiation of the new impulse wave.
ARB update (still bearish)Based on the data we have on the chart now, it looks like ARB is in a major correction.
Now we seem to have just entered the C wave.
Wave C is bearish.
In this wave C, the minimum price to which the price can drop is the green box.
In this wave C, the minimum time to pass is the time of the vertical line (November 24).
Closing a daily candle above the invalidation level will violate the analysis
The demand range is indicated by the Fibonacci ratios on the chart.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Has Arbitrum cryptocurrency reached the bottom?For Arbitrum, judging by Fibonacci, we've reached the final target of 227.20%, so it's a good time to start accumulating a position for the mid to long term.
➖ I don't know if the price will drop to $0.18 per coin, though I once saw a buy order at that price on Coinbase.
➖ Overall, using DCA (Dollar Cost Averaging) to start accumulating a position seems wise, but pinpointing the exact bottom is challenging.
Chart:
Future targets:
#arbitrum #arb #ethereum
Triple bottom?Three touches to the bottom, a triple bottom pattern could be in play here. Triple bottoms have a higher probability of breaking to the upside, especially if volume to the downside is starting to weaken. Confirmation will be breaking above the neckline, but now could present a good opportunity to a long entry.
If Bitcoin can hold up above 58k and if Eth can gain momentum heading into the ETF, I’d expect Layer 1/2s like Arbitrum to perform well.
Crypto is volatile, anything can happen. If we do lose the $0.72 level on Arbitrum with high volume, we might head a lot lower.
Stop losses will stop your losses. Trade carefully, this is not financial advice, always do your own research!
ARB AS L2 MASTERPIECE HAS GREAT POTENTIALDon't take this graph too seriously. I believe that ARB is so near to complete its negative area but still there should be nearly %20 drop from current value but I'm waiting really strong bull at this coin
ARB is the most functional and profitable L2 at current ETH ecosystem. I have great expectations
ARB LONGALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer