Long-Term ARB Coin Analysis! Where Will We Buy?
Updated
#ARB
We believe that unless ARB coin closes daily candles above the resistance level of $2.165, it will initiate a downward movement. However, for it to experience a decline, it first needs to break below the support of $1.933, followed by daily candle closures below the $1.743 support.
For ARB coin, our areas for spot buying are as follows: $1.544 - $1.409 levels (Blue lines). If a downturn occurs to our buying zones, we will invest for the long term. If the price continues its upward trend without reaching our buying zones, we will cancel the analysis.
However, our buying orders will be placed at $1.544 - $1.409 levels unless it surpasses the resistances of $2.165 - $2.42.
WAGMI
NFA
We believe that unless ARB coin closes daily candles above the resistance level of $2.165, it will initiate a downward movement. However, for it to experience a decline, it first needs to break below the support of $1.933, followed by daily candle closures below the $1.743 support.
For ARB coin, our areas for spot buying are as follows: $1.544 - $1.409 levels (Blue lines). If a downturn occurs to our buying zones, we will invest for the long term. If the price continues its upward trend without reaching our buying zones, we will cancel the analysis.
However, our buying orders will be placed at $1.544 - $1.409 levels unless it surpasses the resistances of $2.165 - $2.42.
WAGMI
NFA
Note
#ARBThe ARB coin has yet to close strong and bulky candles above the $2.165 level. This continues to strengthen our decline target to the $1,544 - $1,409 levels. Candle closures, especially below the $1,933 level, will make our expectation stronger.
We continue to keep our purchase orders.
NFA.
Trade active
#ARBWe have taken our first order at the level of $1.544. Our second buy order at $1.409 remains active. We already have a 5% profit margin.
We have added ARB coin to our portfolio for the long term. We will update when we decide to take profit or stop.
We thank our followers who have supported us with their likes and appreciation for evaluating the analysis. NFA.
WAGMI.
Trade active
#ARB UpdateWe are back in the area marked by the arrow. ARB, where we made our 1st piece purchase at $1,544, also received our 2nd order at $1,409.
When we look at our entry average, it is at $1.4865, indicated in red on the chart. In terms of ARB's general outlook, it should now start its new trend from this region and walk to the $3 journey.
However, when we look at the region where it will receive the closest support in case of a possible decline, we can see a strong buying reaction from the $ 1.35 region. We think we have added ARB to our portfolio from beautiful regions for the long term.
We hope to see good gains.
Trade active
#ARB Update ARB analysis moved outside our expectations. We made our last addition in ARB at the current level ($1.1190) and our entry average is at $1.347. We made the last purchase for ARB and now we have a 15% loss. It will be in our portfolio in the long term.
NFA
Disclaimer
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