Opinion about Arbitrum ARBEven if this isn't the price bottom, we are definitely close to it. It seems like not the worst decision to start buying ARB now.
ARBUST trade ideas
Patiently Longing ARB 3x LeverageI like ARB and see its potential. Manipulation already happened its just accumulation at this point for a run to to at least the .618 level. If it breaks and holds above that then it'll be a fantastic trade.. If it doesn't it'll still be good money. I will take some profits at the fib levels marked. This is using the fib extension tool and you can see the harmonic pattern on there as well. Good Luck.
-Not Financial Advise.
ARBUSDT is printing Harmonic reversal BAT patternARBUSDT is printing Harmonic reversal BAT pattern in 1D time frame
📈🔄 ARB Trading Opportunity 💡📉Current Situation:
ARB's price is currently testing a support level, offering a potential entry point for a long trade opportunity.
Trade Setup:
Entry: Long trade between $0.90 - $1.00.
Take Profit: Target $1.28 - $1.40 and next resistance at $1.60 - $1.75.
Stop Loss: Just below $0.8550 to manage risk.
📊🚀 Monitor ARB's price action for trade execution! #ARBTrading #CryptoAnalysis 🌐💰
ARB Price Arbitrum (ARB) crypto was in a correction phase and has witnessed severe distribution from the top around $2 mark.
Trade Idea for Arbitrum (ARB) - Accumulation StrategyArbitrum (ARB) is currently trading at approximately $1.20, with recent fluctuations between $1.06 and $1.20 over the past week. The 24-hour trading volume is notably high, around $694.90 million, which underscores significant market activity. With a market capitalization of about $3.19 billion, ARB is a major player in the Layer-2 scaling solutions for Ethereum, aimed at reducing fees and transaction times (Binance) (CoinGecko).
Consider buying ARB at the current market price of $1.20. Given the current market conditions and Arbitrum’s role in enhancing Ethereum's scalability, this price provides an entry into a significant blockchain infrastructure component.
If the price drops to $1.00 or further to $0.80, these levels should be considered as additional buying opportunities. This strategy allows for averaging down the entry price while increasing exposure to ARB during price dips.
Set a conservative sell target around $1.40, $1.60, $2.00, $2.20, which is slightly above the recent price fluctuations. Further targets could be adjusted based on ongoing market developments and Arbitrum’s performance in the broader crypto ecosystem.
As a Layer-2 solution, Arbitrum directly addresses the high cost and slow transaction times of Ethereum by aggregating transactions in batches. This technical utility is crucial as Ethereum continues to be the backbone of various decentralized applications. The recent trading volume and price stability indicate a robust trading interest and potentially undervalued position given its technological proposition.
This strategy indicates a readiness to hold through potential volatility, suitable for investors with a higher risk tolerance and a long-term perspective on their investment in blockchain technology infrastructures.
Investing in ARB aligns with a strategic stake in Ethereum's scaling solutions, which are pivotal as the blockchain space evolves. The phased buying approach mitigates risks associated with price volatility and capitalizes on potential upswings prompted by broader adoption or technological milestones.
This trade idea is based on the current market dynamics and Arbitrum's strategic role within the Ethereum ecosystem as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice
ARB ready to start it's Bull market?My opinion is ARB / Arbitrum is finishing it's major 2nd wave correction as an running flat and breaking the white downtrend line indicates that 3rd major wave is starting. How ever if the red scenario happens more possibility to invalid the whole bullish scenario rather than it's to be a expanded flat. Let's see. DYOR! Always invest what you can afford
ARB SWING LONG#ARB
Swing Long or SPOT Buy
Market entry + set limit order at 0.9925
Targets are:
1.27
1.49
1.74
2.16 + its a level to break for new ATH
SL
0.8536
The coin came to its September 2023 low, bullish divergence on some TF
#ARB/USDT#ARB
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level 0.9500
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 1.00
The first goal is 1.08
Second goal 1.17
Third goal 1.28
Arbitrum ARB price suspends its fallTo be honest, I don't really understand why "crypto people" expect some kind of miracle from ARB ?
🤷 The effect of "it's a pity to throw it away - let it be" probably works more here.
So explain to me who should buy #Arbitrum so that its price goes up by super X?
If there are a bunch of "Homunculus loxodontus" who were given AMEX:ARB for billions of dollars just like that, and they are sitting and waiting to sell "very expensive" and do not plan to buy #ARBUSDT anymore...
But the laws of economics work a little differently...
So, if you look at the ARBUSDT chart, if everything goes well, the ARB price should not fall below $0.90
🚀 The targets for the ARB price growth are shown schematically on the chart.
We don't believe in a sharp rise in the #ARBUSD price, it's too heavy a coin.
However, a x2-x3 increase during 2024 is quite realistic.
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ARB nice double bottom setupQuick and dirty: Think we will see a decent push coming days towards the grey resistance area shown in the chart. That being sad, there is a decent chance 1$ becomes THE low coming months.
Stay safe!
ARB big potential growth on this cycleOne of the big caps coins to hold is ARB
Layer 2 coins will do big in this cycle, while the previous cycle was for layer 1 projects.
ARB sell zone 1 around $6 to 7$ then correction then re-accumulation again for higher targets above $10 zone
#ARB/USDT breaks the Diagonal Trendline and heading towards a re#ARB/USDT breaks the Diagonal Trendline and heading towards a retest in 30-Minuts TF!
Wait for a successful retest to long $ARB.
Arbitrum; soonLooks like a correction almost done. There's also a chance for a truncated fifth or a double bottom here stopping at the VWAP:
It all depends on how btc moves from here.
In case of a new low I'd be looking at the lower 1.3x$ range:
with the possibility of a liquidation event sending us towards the macro POC currently sub 1.20$.
ARB idea played out very well ARB coin trade idea played out very very well and instant 10% gains without leverage. Now what's next?. My plan is till up only in ARB. If it goes down then I will build and another position around 1.04 area and target 1.50$+ for midterm.
What are your thoughts? 💭🤔
ARBUSDT 1DConsider to buy some #ARB between $0.94 and $1.10
RSI is in oversold area on the daily chart. Expect upward movement from the support zone. Targets are:
$1.2477
$1.4903
$1.6864
$1.8825
$2.1616
$2.5172
ARBUSD 1WARB ~ 1W 📈
#ARB will Retest this Support Block. We will place small purchases here in stages with a minimum target of 20%+
arbusdt Bottom for bull runin sha Allah arbusdt come to my green box or orange box that will be bottom and top target i will be trace after 6 Month
Dear friend what is ur arbusdt top target....what u think????
Arb coin full analysisArb coin is in hype because of its fundamentals from last few weeks and days. If we look at its chart then its giving a solid price action. Which means a lot of volume is being trade in this coin. I have seen that it has done CHoCH mean structure shifted from bearish side to bullish on 4h time frame. Now we will look for longs is marked poi if we see any bullish confirmation. My enry is below the sell side liquidity.
What are your thoughts?
ARB LONG looks goodBINANCE:ARBUSDT.P
Entry: cmp till $1.1750
SL: $1.13 4 Hr candle
TP: Manually
Follow, Like & comment for any chart analysis.
ARB/USDT Preparing for a Bullish Reversal From a Key Support? 🚀💎Paradisers, let's explore the latest developments in the #ARBUSDT market, where some intriguing trends are unfolding.
💎Currently, #ARB is challenging the resistance in a descending channel. If it manages to break through, it could indicate a bullish reversal, potentially setting the stage to re-test the key resistance zone mentioned earlier.
💎However, if #Arbitrum fails to clear this resistance and is rejected, it could mean a downward shift, possibly sending the price back to the weekly OB (Order Block) area to regain upward momentum.
💎The weekly OB area is crucial for $ARB. If the price stays within this zone, it could offer a great buying opportunity, with a potential bounce leading to bullish gains. But if #ARB breaks below this level, it might signal a deeper downward trend.
💎Stay sharp and be prepared to adjust your strategy as we keep a close watch on the #ARB market dynamics.
ARB 21/04/2024 Red box above is very important for me. It will determinate the direction. If we pass above it we can target MO, if not, we can consolidate below it. Because usually after a huge drop price either consolidate or takes the liquidity below.
ARB Up To 26% ?!ARB has broken through the 1.16 level and is expected to find support in this area. After receiving support at this level, we can anticipate a move towards higher numbers with a potential breakout of the higher resistance at 1.236 (a breakout would be confirmed by a 4-hour candle closing above this price). The first target for this move would be 1.395, followed by a second target of 1.570, for a total R/R of 3.9.
Key Points:
Support: 1.16
Resistance: 1.236
Target 1: 1.395
Target 2: 1.570
R/R: 3.9
Please note that this is not financial advice, and past performance does not guarantee future results.
