ARBUSDT trade ideas
🔥ARB Hype Wiped Out: Time To Buy and Make 300% Profit?Arbitrum fell by -60% from its highs and liquidated all leverage traders who bought on top. I look for entry point.
The best entry point will be when the price will make a false breakout of the $0.74 key level. But I don't think this will happen. The most expected scenario is when the price just test the green accumulation areas as the support and continue its growth.
💥 the time is coming for this ETH ecosystem altcoin.
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
ARBITRUM UPDATE (CONTEXT) - $1.4-6 ON THE HORIZONThe 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 teachnically.
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 PRESENTS 3RR IN IT FINAL 5TH ELLIOTT WAVE ON SMALLER TFFound something quite interesting and worthwile on BINANCE:ARBUSDT on the smaller timeframe. If all previous count is correct (which is expected to based on Eliott Wave Theory), wave 1-4 then i will say we will soon see a spike or movemnt for wave 5 which will create a new swing high. Expected gain is at least 6% and the risk reward ratio is within 2-3.7.
Invalidation level is clearly on the chart.
ARBITRUM - WE GOT THAT MINIMUM OF 6% FROM PREVIOUS CALLFew hours ago this premium call was given on BINANCE:ARBUSDT and it was stated clearly that the minimum expected gain is 6% which we now have. (see previous analysis on page or comment section for context.
Now that we have reached the minimum target you can take some profit prolly 70% of total position and set stop loss to breakeven. that means we have to risk associated to this position anymore. BINANCE:ARBUSDT
ARB - Ranges overview ARB seems to be trading around its mid range.
We have clean highs and clean lows defined.
We have a nice FVG (yellow box) on the left side which can still be run through. We will see how it goes from here.
As all the other idea it will go hand in hand with the BTC plan.
For now stay on the sideline and don't become an overzealous trader. Ask yourself... would you really want be front run in such a range....
BE PATIENT and THE TRADES WILL COME
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
ARB Short to .57-.78c range then Long to 1.35-1.60Not financial advice.
Trade ideas moving forward if you look to the left we had a failed inverse head and shoulders which leads me to believe we will repeat the pattern on a longer daily scale.
Saying all that rectangle box is entry.
To complete the head of inverse head and shoulders.
If pattern works out you can look for entry between .57-78c and dollar cost average into those ranges to verify the inverse head and shoulders setup with Take profit of 1.30-160 range moving forward.
Risk to reward pretty nice here
Always remember to practice Patience.
#PIK
Patience is Key
#TLAW
Think Like A Whale
Arbitrum analysis ●If ARB got daily closing below 1.0652 then we might see ARB going down towards 0.9448 level
●At current ARB is trading at the Daily FVG...if btc started to pump or consolidated at the current levels then we might se ARB pump towards 1.2246 and 1.3499 levels
●At current ARB is trading near the midpoint of the weekly FVG which should support the price for pump
📊#ARB will continue to rise based on the smiley structure📈We consolidated for a period of time after completing the short target, and finally formed a smiling face bullish structure. After breaking through the turning point, the smiling face bullish structure was established. At present, we have completed target 1 and encountered resistance in the resistance zone. After a period of pullback, there should be a lot of good performance. 🙏
⚠️Note, if our long defense point is broken then this bullish idea will be invalidated, there is risk in any trade, so don’t forget risk management. 💯✔️
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯