ARBUSDT trade ideas
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-$1.5 .Kindly this is not NFA
ARB looks bullishOn our chart we have ascending CH and BOS. Bullish momentum is good.
We have also had a good Break Out on the chart. A supportive swap zone is formed which is our Buy Zone.
If it pulls back to the green range, you can enter a buy/long position. TPs are clear on the picture.
Fixing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ARB NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that ARB has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
Will ARB deliver what is expected? Potential bullish zone %60ARB did not perform as expected during Bitcoin's recent rise. A pricing may come to collect the losses in BTC parity and to remind that it is one of the hype projects in the bull. It has a valuation of only 3% in the last 30 days. This rate is quite low for this project, so it is possible to see a positive pricing rally in the coming days! Potential targets and levels to watch.
TP1: 1.58$
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 - $1.4-6 ON THE HORIZON
The last prediction, call it signal I gave on BINANCE:ARBUSDT made a whooping 6% outrightly without delay and after studying the chart contextually, I have spotted an interesting opportunity technically.
Seems ARBITRUM will be making a new swing high that can present to us another 20% minimum gain and 30-35% if all analysis is correct technically and according to my primary strategy - Elliott Wave Theory.
Invalidation level is clearly. Check update/comment section for contextual chart view also see previous analysis about ARB on my page for context.
ARB Long Now ARB respects the trend, and when we look at the indicators we see that RSI is under 50% and SMA crosses the RSI which is a good way to represent an up trend, and when we look at the Horizontal Blue line it shows up every moment the Rsi and Adx give us a positive mark
let see How it's going
entry point: 1.1
SL: .9785
ArbusdtFibs on fibs
Arb potential bounce zone...
Rejected the 4.618 of previous move..
Beginning of exponential price action..
Now we are retesting the 0.618 of that move
This is known as the main bounce zone during bullish price action
With deeper retraces wicking to the 0.5 or usually in a falling wedge/bull flag
Grinding down to the 0.382 for a more highly manipulated coin, or for slower less impulsive market moves/structures..
ArbusdtFinally broke range
And busted straight to the about fib extension, IF we can break and hold above ~1.44 we can start to look at the aths and price discovery
Its sitting just below the resistance here, consolidation below would be bullish, breaking above would be bullish, basically everything except a break below 1.15 or a severe rejection at this 1.44 area and this stays macro bullish for a while...
Arbitrum - Decent long entryThink this is a decent long entry for Arbitrum here at the 1$ mark. Not the best outperformer though, but think we will see higher highs coming days/week.
Invalidation would be a daily close below 1$ but right now I would give this setup a decent chance to play out.
Stay safe!
Gaine in renge (ARB)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Yes we are in big renge so sell in high & buy in low renge.
📊 (Buy) : 1.0438
🔴 Stop Loss : 1.0095
🎯 Take Profit : 1.069 - 1.111 - 1.146
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.