ARBUSDT trade ideas
ARBUSDT.PHello Trader BINANCE:ARBUSDT.P
the 1 hour history critical area touches the resistance area, proof that there is a bearish sideways for this chart. try to pay attention to the month of February, the previous resistance is also valid breakdown area, for swing charts can be short for long or short term. stop loss 3% and reward area 18%.
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
Arbitrum is about to reach new all time highsArbitrum has broken out of a triangle pattern that is formed on the daily candle chart. The target of this breakout is showing $2.7. Despite the fact that Arbitrum is due to release a massive number of tokens, the coin can easily reach higher price targets as both Bitcoin and Ethereum have reached higher prices already. Furthermore, usually one week before when a project is releasing tokens the price gets pumped by 30% on average. After the release the price may experience a small pull back if the early investors star selling. Eventually, since we are in the early stages of a bull market even prices such as $3 or $4 are very possible to be seen very soon as the coin had fallen behind other coins and it has to catch up.
Arbitrum has a bright future. It has been adopted by the community since day one thanks to the project's generous airdrops. Additionally, due to the astonishing speed of the Arbitrum and its interoperability it can get to see even much higher prices in the up coming bull run. For example if the market cap of the Arbitrum goes as high as a project like Polygon the price of the coin can go up til $14 which is not so far fetched and it should be very possible.
arb A bullish wedge pattern is a technical chart pattern that typically forms during a downtrend and indicates a potential reversal to the upside. It is characterized by converging trendlines sloping downwards, with the lower trendline representing support and the upper trendline representing resistance. The price oscillates between these two trendlines, forming a narrowing range known as the wedge.
Traders often interpret a bullish wedge pattern as a sign of weakening bearish momentum and increasing buying pressure. The narrowing range suggests that sellers are becoming less aggressive, while buyers are gradually gaining control. The breakout above the upper trendline is considered a bullish signal, indicating that buying pressure has overcome selling pressure, and a potential uptrend may follow.
However, it's important to wait for confirmation of the breakout before taking action, as false breakouts can occur. Traders typically look for increased volume accompanying the breakout as confirmation of the pattern's validity.
As with any technical pattern, it's crucial to consider other factors such as market conditions, fundamental analysis, and overall trend before making trading decisions solely based on the bullish wedge pattern.
ARB/USDT Ascending channel bullish ride?whats next💎 Paradisers, focus on #ARBUSDT as it climbs within an ascending channel, primed for an impactful surge from its demand zone
💎 #ARBITRUM has recently hit a wall at $2.1589, triggering a pullback. From the support of the ascending channel and having gathered downward liquidity, it's now showing robust momentum marked by striking green candles, hinting at a forthcoming leap over channel resistance. Keeping up this pace could ignite a notable bullish rally, breaching critical resistance points.
💎 In the ever-evolving crypto landscape, the ability to pivot and adapt strategies is key. Should #ARB face challenges at this pivotal demand zone, a strategic shift might be in the cards. Anticipate a bullish rebound from the alternative demand level at $1.952, with a descent below this threshold potentially signaling further declines
ARB buy setupNote that this is not a setup for sell/short, but a setup for buy/long
ARB structure is bullish. If it reaches the Demand range, we will look for buy/long positions in this range.
Fixing 1 daily candle below the invalidation level will cause the analysis to be violated.
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
Arbitrum (ARB) : Bullish Breakout on the HorizonIntroduction:
Arbitrum (ARB) is a Layer 2 scaling solution for the Ethereum blockchain, aiming to address scalability and cost concerns. ARB has seen significant adoption recently, with its native token, ARB, experiencing a strong price surge. This analysis explores the recent technical performance of ARB and potential future price movements.
Current Price: $1.90 (as of March 7, 2024)
All-Time High (ATH): $2.30 (February 22, 2024)
All-Time Low (ATL): $0.12 (November 23, 2021)
Technical Analysis:
Timeframe Daily:
ARB recently broke its previous all-time high, reaching $2.30 before entering a consolidation phase.
The current price action is confined within a range between $1.72 and $2.087.
The coin is currently hovering near the upper bound of the range, indicating a potential breakout attempt.
No signs of weakness or trend reversal are observed on the daily or weekly timeframes.
Entry Points:
Entry 1: Upon a confirmed breakout above the resistance level of $2.087.
Entry 2 (More Conservative): Following a breakout and retest of the broken resistance at $2.30.
Risk Management:
Always define clear support and resistance levels before entering a trade.
Utilize stop-loss orders to limit potential losses in case of price reversals.
Practice proper risk management and avoid deploying your entire capital in a single trade.
Similar Coins:
Optimism (OP)
Polygon (MATIC)
xDai (STAKE)
These coins share similar characteristics, operating as Layer 2 scaling solutions for the Ethereum blockchain. Comparing their price movements and market performance can provide additional insights for informed trading decisions.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own thorough research before making any investment decisions.
#ARB/USDT#ARB
The price is moving in a descending triangle on a 4-hour frame, and the channel has been broken upward, and it is expected to continue rising after testing the trend.
We have a higher stability moving average of 100
We have an RSI trend that is about to break higher
Entry price is 1.81
The first goal is 1.91
The second goal is 2.027
Third goal 2.158
ARB Nears All-Time High! Key Levels to WatchThe cryptocurrency ARB is getting close to its all-time high (ATH) of $2.1514 on the weekly chart! If the price breaks above this resistance level, it could signal further gains for the token. However, if the price can't break through , it could find support at $1.7156, which was the previous ATH.
Technical Analysis:
Resistance: $2.1514
Support: $1.7156 ✅
Relative Strength Index (RSI): 65
Moving Average Convergence Divergence (MACD): Bullish!
Volume Analysis:
The volume of ARB has been steadily increasing over the past few weeks, which is a bullish sign! This suggests that there's strong buying pressure behind the token.
Conclusion:
The technical and volume indicators for ARB are looking good, suggesting that the price could continue to rise in the near future.
The information provided in this article is not intended as financial advice. Please do your own research before making any investment decisions.
ARB after the pullback will go up to the next resistance zone ARB after the pullback will go up to the next resistance zone. The buy zone is around the trendline
🔵Entry Zone 1.8222 - 1.8918
🔴SL 1.6664
🟢TP1 1.9698
🟢TP2 2.1468
🟢TP3 2.2698
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
ARBUSDT Elliott Waves (Local Setup)Hello 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.
Entry: Market and lower (im in pos from 1.88)
Targets: 2.3 - 2.6 - 2.8
after first target reached move ur stop in breakeven
Stop: under 1.6 (depending of ur risk).
RR: 1 to 3
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
ARBUSDT Bullish SetupBYBIT:ARBUSDT.P appears to have a confirmed break out of the trend line and currently taking support with the successful retest of the fibs we can consider longing it to the black line which is the resistance and if the break out of the black lion occurs and consolidation above the black line happens or a Re-test I will look for further longs for swing trades.
🔥 ARBITRUM Massive Bull-Flag Breaking Out!ARB has been consolidating inside a bull-flag since the start of 2024. With the altcoin market on fire at the moment, I expect ARB to continue the uptrend and break out in the near future.
Targets placed at the current ATH and 3$. This token could see very decent returns in the near future.
ARBUSDTHM signal v3.0 (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement and support well at good level @ 1.7354-1.8698
- Trending slow and steady if able to hold above the support zone
It is at extremely good reward to risk level now if able to hold above the support level.
#ARB Pullback to structure and 61.8 FiboIn time h4, after correction in a descending channel, it is now out of the channel, which can be prepared to continue the upward path after the pullback to 618 Fibo, which is currently a resistance level, confirming the failure of the descending structure. Therefore, at the specified level, it is possible to continue the upward trend with confirmation.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.
ARB target 44h time frame
-
ARB creating a potential triangle structure, which is also a continuation structure of the wave from 0.76~2.42. Furthermore, this is the possible 2nd wave of Elliott impulse wave, that perform as a correction for previous pump. Therefore, if ARB go back to the uptrend line of triangle again, there is an opportunity to open long.
-
TP: 4
SL: 1.5
Arbitrum | ARB ( Whales buy the dip )The price of Arbitrum is $1.48 today with a 24hour trading volume of 818 million dollar. This represents a 12.50% price increase in the last 24 hours with a circulating supply of 1.3 Billion ARB.
Whales buy the dip! but why ? after Arbitrum started distributing governance tokens to eligible decentralized autonomous organizations, some whales have been adding to their stacks.
Earlier today, one address holding 1.95 million Arbitrum governance tokens, worth roughly $2.7 million, received nearly 200,000 dollar in ARB from Binance at the time, the price of one token was 1.38
Not long before, a second address holding 1.78 million governance tokens ,worth 2.5 million dollar, spent 80 ETH on buying roughly 146,000 worth of ARB at 1.34 dollar per token.
Arbitrum, the leading Layer 2 network on Ethereum, began distributing governance tokens to DAOs earlier this week. Its core team previously designated 1.13% of the overall 10 billion governance token supply, equivalent to 113 million ARB with a current value exceeding 145million, to be distributed among qualifying projects in the Arbitrum ecosystem. he distribution of governance tokens to DAOs is intended to help bootstrap activity on the Arbitrum network. The tokens may be allocated to projects' treasuries or used for other objectives, as determined by the respective DAOs.
Projects receiving governance tokens include Uniswap, Sushi, Aave, GMX, Hop Protocol, Radiant Capital, Balancer, Synapse, MakerDAO, Curve, Layer Zero and 1inch.
next targets are 1.5 and 1.5$