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ARB / TetherUS PERPETUAL CONTRACT

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ARBUSDT.P trade ideas

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
ARB/USDT Break the Descending channel, Bullish Momentum ???Yello Paradisers, Potential Coin! #Arbitrum 💎 ARB has broken out of the descending channel on the 4H timeframe. This could signify bullish momentum for ARB, especially if the daily candle closes above the pattern. 💎 Examining previous movements, ARB has been navigating within a falling wedge pattern. Interestingly, the most recent lower low did not reach the support trendline of the falling wedge, but it did align with the Fibonacci 1.414 target down. 💎 Should the breakout of the descending channel fail, ARB is likely to revert downwards to test the Fibonacci area. This could be an optimal accumulation point as prices touching the golden ratio of 1.618 often result in significant bounces. Notably, this golden ratio also coincides with the area support trendline, enhancing the likelihood of a price bounce upon contact.
by MyCryptoParadise_Nathan
18