ARBUSDT trade ideas
#ARB/USDT#ARB
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level 0.9500
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 1.00
The first goal is 1.08
Second goal 1.17
Third goal 1.28
Arbitrum ARB price suspends its fallTo be honest, I don't really understand why "crypto people" expect some kind of miracle from ARB ?
🤷 The effect of "it's a pity to throw it away - let it be" probably works more here.
So explain to me who should buy #Arbitrum so that its price goes up by super X?
If there are a bunch of "Homunculus loxodontus" who were given AMEX:ARB for billions of dollars just like that, and they are sitting and waiting to sell "very expensive" and do not plan to buy #ARBUSDT anymore...
But the laws of economics work a little differently...
So, if you look at the ARBUSDT chart, if everything goes well, the ARB price should not fall below $0.90
🚀 The targets for the ARB price growth are shown schematically on the chart.
We don't believe in a sharp rise in the #ARBUSD price, it's too heavy a coin.
However, a x2-x3 increase during 2024 is quite realistic.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Arbitrum; soonLooks like a correction almost done. There's also a chance for a truncated fifth or a double bottom here stopping at the VWAP:
It all depends on how btc moves from here.
In case of a new low I'd be looking at the lower 1.3x$ range:
with the possibility of a liquidation event sending us towards the macro POC currently sub 1.20$.
Arb coin full analysisArb coin is in hype because of its fundamentals from last few weeks and days. If we look at its chart then its giving a solid price action. Which means a lot of volume is being trade in this coin. I have seen that it has done CHoCH mean structure shifted from bearish side to bullish on 4h time frame. Now we will look for longs is marked poi if we see any bullish confirmation. My enry is below the sell side liquidity.
What are your thoughts?
ARB/USDT Preparing for a Bullish Reversal From a Key Support? 🚀💎Paradisers, let's explore the latest developments in the #ARBUSDT market, where some intriguing trends are unfolding.
💎Currently, #ARB is challenging the resistance in a descending channel. If it manages to break through, it could indicate a bullish reversal, potentially setting the stage to re-test the key resistance zone mentioned earlier.
💎However, if #Arbitrum fails to clear this resistance and is rejected, it could mean a downward shift, possibly sending the price back to the weekly OB (Order Block) area to regain upward momentum.
💎The weekly OB area is crucial for $ARB. If the price stays within this zone, it could offer a great buying opportunity, with a potential bounce leading to bullish gains. But if #ARB breaks below this level, it might signal a deeper downward trend.
💎Stay sharp and be prepared to adjust your strategy as we keep a close watch on the #ARB market dynamics.
ARB Up To 26% ?!ARB has broken through the 1.16 level and is expected to find support in this area. After receiving support at this level, we can anticipate a move towards higher numbers with a potential breakout of the higher resistance at 1.236 (a breakout would be confirmed by a 4-hour candle closing above this price). The first target for this move would be 1.395, followed by a second target of 1.570, for a total R/R of 3.9.
Key Points:
Support: 1.16
Resistance: 1.236
Target 1: 1.395
Target 2: 1.570
R/R: 3.9
Please note that this is not financial advice, and past performance does not guarantee future results.