ARBUSDT #001 ( Bullish Flag raises ,small correction & continue Hello dear traders.
Good days .
Weekly Bearish Gann Square finished and bullish cycle started .
Bullish Gann square is plotted and first Elliot leg is passed , with small correction to get support from lower Gann Fan will continue upward move .
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments
ARBUSDT trade ideas
ARB Plan 0.04The arb’s graph is moving in an Elliott wave pattern. Wave (3) has a 1-2-3-4-5 subwave structure, which is an impulse wave. Now, it is increasing in wave 3 of Wave (3), which is a correction double combination. Wait for wave 3 to complete and then enter the trade at wave 3 to target wave 4. However, one shouldn't trade against the trend. We should wait for wave 4 to complete and then enter the trade at wave 4 to target wave 5 of wave (3).
ArbusdtPretty clean bearish harmonic here..
We're in price discovery so hard to want to short it but if we start pulling back
Might simply retest the previous ath breakout and not push as low as the 0.236 but its the last harmonic target
Pretty clean invalidating here on pushing to new highs..
If we're going to get a post etf news
Pre halving sell off
Then the 0.236 could be the God tier entry on a massive down wick sort of thing..
Overall the markets still very bullish eths turn now.. but harmonics can show areas where to apply caution or take some profit incase of pullbacks..
ARB/USDT LONGT=1.85
T2=2.11
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
The pattern was first described by William J. O'Neil in his 1988 classic book on technical analysis
ARB Surges 6% And Shows No Signs of Slowing DownBINANCE:ARBUSDT retested the $1.6740 support level twice in the last 3 days. Despite breaching the level during these retests, bulls were able to prevent the altcoin from closing a daily candle below this mark. Looking at the past 24 hours, ARB has entered into a bullish move, and looks to add to the positive trend that it has been in throughout the last couple of weeks.
The medium-term bullish trend in ARB is apparent, as indicated by a positively inclined trendline on its daily chart. If this trend persists, the Arbitrum price might surpass the $1.99 resistance within the next 48 hours, potentially setting the stage for the cryptocurrency to reach a new all-time high.
ARB May Break Out Soon
It's important for traders and investors to recognize the formation of a symmetrical triangle on ARB's daily chart, following the altcoin's pattern of higher lows and lower highs in recent days. If this chart pattern holds true, ARB could possess the momentum needed to break through the $1.99 barrier.
On the other hand, if traders opt to secure profits, leading to increased selling, the Arbitrum price might fall back to the $1.6740 level in the forthcoming 48 hours. Persistent selling pressure could further push ARB down to around $1.3470 in the short term.
Technical indicators on ARB's daily chart are currently hinting at an impending bullish move. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing bullish signs. The MACD line is beginning to ascend above the MACD Signal line, suggesting a strengthening bullish trend for ARB. Simultaneously, the RSI is poised to cross above its Simple Moving Average (SMA) line. The intersection of these two lines would act as a significant bullish technical signal, indicating that buyers are gaining the upper hand over sellers.
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ARB-2024The global alignment for 2024!
The price goes to the Control ZONE 3.02-4.79
Level 3.81
Correction in this zone (FLAT) or a rollback to the level of 1.91
Further hike to the level of 16.61-19.07
In the global sales area 11.49-27.55
BEAR to the 4.25-1.57 zone!!!
The price of the total volume is 1.1673!!!
bruh u invest in crypto and you didn't long ARB in jan 2024! LOLimagine being a small brained species that tried to time a coin before it literally 10-25x'd. yea your that person not driving a lambo. you probably are full of fear. you are the same person who sold BTC at $1. ARB is the most influential project on ETH since ETH itself. its boom boom time!
ARB - I know your watching this 10-25x incoming!Change your life FOREVER! This is the years 10-25x. Covid was the peoples pump. This next pump will be the 1% making crypto unaffordable FOREVER. This is not something to take lightly. ARB will fulfill the prophecy. THIS IS NOT A JOKE. BOOM BOOM CANDLE INCOMING!
ARB BULLS TOOK OVER, WHAT'S NEXT!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
ARB BULLS TOOK OVER!
price was clearly bearish recently; However, bulls took over, especially after breaking above our major swing high from a long-term perspective.
Meanwhile, as we are now overall bullish, we will be interested in looking for new longs as well.
Moreover, if the price managed to be trading lower again till the rising trendline acting as a non-horizontal support lining up with our previous major highs, then we will be looking for new longs on lower time frame.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
$ARB-HAHA ! THE LIQUIDAs shared sometime last week, ARB price movement is going to be lots of angst but those who saw through all that will feed on it as an opportunity! LOL!
Now look at that mop up after that CRYPTOCAP:BTC dump.. Fear and excitement all at once in one chart
That is a whole lot of money flowing in there.
Arb-pumps- Total Market dumpsI have just laid out that when Arb is pumping, more often than not the total market dumps. I have added Solana chart to confirm that it is not happening with Solana at least this time. Also confirming that we no new money, at least not as we had in 2021. I hope this helps, if total3 without stables crosses 375B, it is more likely going to dump further.
Arbitrum Hits Blue SkyOne of my favorite setups is a "blue sky" breakout - when an asset makes a new all time high. When this happens, there is no resistance left on the chart! We saw this recently with Injective, and now we are seeing ARB make a new all time high.
For confirmation, we want to see a daily close above $1.82. Then the best entry is a reset of that level as support, if it comes.
Remember, no setup is certain, this can definitely fail. But it has easy invalidation if it stars closing candles back above that level.