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ARB / TetherUS

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ARBUSDT trade ideas

🔥 Arbitrum's Short Looks Great: Patience For Reversal!At the start of the month I was looking for a short entry on ARB, which has been playing out great thus far. However, with ARB losing value rapidly, I'm starting to look for long opportunities. ARB is trading in a very well-defined bearish channel (or wedge). My strategy is to wait for the price to touch the bottom support. Ideally, the daily RSI will be below 30 to increase the reversal probability. Until then, the short stays active. Patience is key.
Short
by FieryTrading
3
Are we bullish on Arbitrums ARB ?I think rollups are going to play an increasingly bigger role come bull market The archaic way ethereum has been used in previous bull markets demands a solution. A solution roll ups is likely to play on a large scale. Having third parties rollup microtransactions in order to ease pressure on the main ethereum blockchain is something that will encourage wider spread use of ethereum and crypto products. Paying $100 in fees for a $9 nft isnt a sustainable offering. ARB is in a big falling wedge This wedge doesnt need to play out according to textbooks and can easily be counter traded and fail. With that in mind tho.. being able to capture good low risk entries in this potentially bullish pattern leading into 2024 can end up being extremely beneficial. Keep an eye out for changing data Data on this can change quickly and importantly so its crucial to say nimble and on your toes to new information.
Long
by SoftQuant
9
ARB/USDT | 1d 👀Time to fall deep? ARB has been trading in a bearish channel for a couple of months. The coin is currently positioned within a supply zone, suggesting a potential bearish downturn. It has broken out of an ascending channel and moved into a previous demand zone. Be prepared for potential gains in this scenario. ✅ Stay updated on market news and developments that may influence the price of Arbitrum. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Coins #Arbitrum #Trading #ARB
Short
by Nyskohuz
ARBUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Target/reversal zone: 0.6 - 0.5$ after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Short
by trytofeelpositive
3
ARB/USDT bullish ride? 👀 🚀 Arbitrum today analysis💎 Paradisers, turn your attention to #ARBUSDT as we've spotted it making intriguing moves, currently trading within a demand zone and gearing up for a bullish surge. 💎 A look back reveals that #Arbitrum broke out of its descending channel, embarking on an upward trajectory. Adding to this, a recent shift has been noted where a previous supply zone has transformed into a demand zone. This transition hints at a likely bullish continuation from this very demand zone. 💎 Another angle to keep in mind: if the price of #ARB breaks below this demand zone, it might descend to its previous low. And if it breaches that previous low as well, a continued downtrend could be on the horizon. In both scenarios, trade with caution and strategy. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
Long
by MyCryptoParadise