ARBUSDT trade ideas
ARB/USDT - inside the bearish channelHey traders 👋
New week is near so let's get ready for it by starting out with ARB coin here! We see clearly that nice bearish channel where it is forming "lower highs" here. We are looking for that channel to work our for the next few days where afterwards we would like to see a nice breakout or breakdown!
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We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
✴️ Arbitrum | There Is A Problem...This is a new Altcoin project so the chart is new as well. All I do is read charts and share with you my understanding of what I see.
When the chart is too young, not enough data, any analysis becomes weak.
With that said, we can still proceed.
The analysis is based on the short-term due to the lack of long-term information.
Things can change fast when considering the short-term.
Arbitrum hit a low in 15-June forming a cup pattern (yellow). This is our low support.
There is another low 8-May which is marked here with a blue space/line. The fact that ARBUSDT is trading above these levels, gives it bullish potential.
We can also see it trading above EMA10 and EMA21 while the RSI is above 50, this is all positive and opens the door for additional growth.
Then, while above $1.00 (8-May low), EMA10 and bullish RSI, we can expect additional growth. If this changes the bullish bias is lost.
Now that we looked at the signals and defined the risk, we can look at the targets and these are mapped on the chart.
$1.46 and $2.38. These are easy for this pair.
Remember to do your own research and planning.
Thank you for reading.
Namaste.
Arbitrum ARB price near the critical point, where to next?The price of ARBUSDT has reached a critical point: the crossing of the local trend line and the beginning of a strong liquidity zone.
In the price range of $1.12-1.27, longs have been taken twice in recent months with the hope of a strong "hype" growth in the price of Arbitrum, but it did not work out.
So we assume that it will not be possible to break above $1.27 at the first time, as many ARB holders will sell their investments at "break-even", as human psychology is so organized.
On the other hand, a lot of ARBs were distributed to cryptocurrency community members "for free," so why sell them, let them stay in the investment portfolio, maybe they will grow someday)
After the ARBUSD price stabilizes above $1.27, you can try to take a long +20% to $1.55
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🔥 Arbitrum: Falling Wedge Waiting For Break OutARB has been trading bearish for the better part of three months now. During this period, a falling wedge pattern has emerged on the chart; lower-lows and lower-highs.
In my view, it's likely that ARB will continue to trade within this pattern for the foreseeable future. Keep in mind that we've got a FOMC interest meeting tonight which could cause some strong volatility.
Personally, I'd expect ARB to go lower in the near future and consolidate within the outer point of the pattern. Classically, falling wedges are bullish reversal patterns, so a bullish break out could lead to some decent gains, will make a new analysis once were there.
For now, keep an eye on this pattern in anticipation of a break out in the coming weeks.
ARBUSDT - Expecting Massive Up move!!ARBUSDT (4h Chart) Technical analysis
ARBUSDT (4h Chart) Currently trading at $1.045
Buy level: Above $1.04
Stop loss: Below $0.96
TP1: $1.1
TP2: $1.15
TP3: $1.2
TP4: $1.28
Max Leverage 3x
Always keep Stop loss
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#arb long RR +20 r i s k yok, our friends at lookonchain who do an exclusive study of smartmoney have just published this, the truth is that I have not seen this coin for a long time, I have only changed it as far as it was listed and together with an xabcd pattern I correctly carried out its movement .
Currently I only see one pattern that is really very reversive and some upward magnets, I think that 7% is enough to risk before another pattern breaks and we get complicated.
Let's go with this!
What so rush that black rock wanna buy in the weekends. Dont get fool sir by manipulated move, volume and price action is diverging, they want to trap
its still within a range, if price act as above, i will short to hell before loading for bull run.
once price move as sketch, enter with tight stop loss
10X
ARBThe price has dropped to the lower boundary of the channel and has formed multiple bullish divergences. A breakout above the channel's middle line will push the price towards the upper boundary. However, if the middle line is not breached, the price is likely to continue moving along the lower boundary of the channel.