ARBUSDT trade ideas
Arbitrum price maybe in the process of forming "Cup with handle"A lot of ARB tokens were given away for free, there are a lot of holders large and small.
Sooner or later, "the big wallets" will organize a coin pumping, but right now, we wouldn't risk buying ARB in our crypto portfolio.
The trading range of $1-1.30 is another matter: there was a certain "struggle" between buyers and sellers, a certain redistribution of capital took place there, and we would try to buy ARBUSDT for 1-3% of the investment deposit.
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$ARB Arbitrum's MASSIVE Falling WedgeAMEX:ARB currently printing a Massive Falling Wedge
Current price: 0.84
Will Arbitrum be able to maintain angled Support?
If #ARB is unable to hold angled support, Next Support is 0.5
If Support is held, Up resistances: 0.94,1.07, 1.15, 1.28, 1.43, 1.56, 1.69, 1.81 are possible
ArbusdtSo close to price discovery now..
Consodidation below resistance is bullish...
Hasn't rejected yet the longer we stay up here the more likely we break to the upside
Room for this thing to double quite quickly even from here on the coinmarketcap rankings
The highest tvl eth l2
Sitting at the low end of top 50
Surely belongs in the top 20 if not 10..
✴️ Arbitrum Potential Bottom | Elliot Wave, RSI, Volume & More We have a perfect ABC correction, 5-3-5, and it ends with the RSI being oversold but it is hard to tell what is really going on here because the chart is really young. When there isn't enough data any analysis can have little value.
Buy volume is highest since July, today.
This can be traded with a very tight stop-loss.
If prices move and close below 0.7600 RUN!
Any trading above this level and a bullish wave can easily develop.
While this pair is really weak, other Altcoins are already moving forward and showing signs of recovery. What I mean is that there is a chance for a change of trend but remember, if support breaks it is wise to stay out until a new support level is established but this can vary based on your trading strategy.
Another strategy for spot and long-term traders is to buy up each time a support level is hit and wait long-term.
This is not financial advice.
Remember to do your own planning and research, there is risk involved when trading; the charts and market conditions can always change.
Good luck.
Namaste.
ARBUSDT LongBINANCE:ARBUSDT
The emergence of a bullish trend in the ETH market has led me to anticipate noteworthy growth in ARB. This expectation is grounded on the technical analysis of ARB's recent trend, which exhibits a departure from its bearish trajectory, coupled with a fundamentally optimistic outlook. It follows that, within the foreseeable future, the price of ARB is expected to ascend to specific levels.
$ARB #Arbitrum preparing for the skies...As i said in my previous ideas, #ARB is heavily undervalued and I say this again. AMEX:ARB must reclaim new highs and ATH. This L2 season will be insane. Op has started the race, now it' s the time for ARB and MATIC / Polygon.
In short time frame, the cup has formed and now the price is forming the handle. If declination does not come from the last week' s top, $Arbitrum price will likely visit the previous All Time High.
NOT FINANCIAL ADVICE.
ARB shaping up for another drop?Posted a W bottom yesterday which I thought had formed, but now after looking at the 10 day it looks to me that ARB has another leg down, whether its from here or a little further up we'll have to wait and see. Bear in mind that each candle is 10 days, it should take around 8 weeks to resolve
ARB/USDT Break out the pattern, Ready for continue upward move??💎 ARB has recently become a focal point in the market, having achieved a breakout from a bullish pattern. It's now facing the critical phase of challenging the resistance trendline. For ARB to maintain its upward momentum, a strong bounce from this level is essential, with our next target being a significant resistance area.
💎 However, if ARB fails to demonstrate a rebound from this level, it might indicate a false breakout, potentially leading to a reversal in its trajectory. Under such circumstances, ARB could see a downward movement, heading back towards the Bullish OB area.
💎 The Bullish OB area is a pivotal zone for ARB. A robust bounce in this area is crucial as failing to hold this level could confirm a bearish turn in ARB's movement. If this breakdown occurs, it's likely that ARB might revisit the key support area, marking a significant shift in its market trend.
#ARB #VIP #VIPRoom #Eddy#ARB #VIP #VIPRoom #Eddy
The analysis is requested
Don't forget to get confirmation and login trigger in the lower time frame
In my opinion, Arbitrum target will hit 10 dollars very easily 😎 If we compare it with currencies like UNI in daily time frames, check it up or separately, you will see what behaviors you see in the past chart, and bring it up from UNI in the time frame. Now implement the chart for ARB currency, you will reach the targets of 600 to 1000 percent 👨🏻💻
Of course, I also have some analytical views of different styles and fundamentals and market making on the targets I give.
» Don't forget to get approval
» Don't forget risk and capital management
⚠️ Attention!
((Look at the position and movements of Bitcoin, as well as the general state of the market and indicators, please confirm))
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