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ARB

🔥 Arbitrum's Short Looks Great: Patience For Reversal!At the start of the month I was looking for a short entry on ARB, which has been playing out great thus far. However, with ARB losing value rapidly, I'm starting to look for long opportunities. ARB is trading in a very well-defined bearish channel (or wedge). My strategy is to wait for the price to touch the bottom support. Ideally, the daily RSI will be below 30 to increase the reversal probability. Until then, the short stays active. Patience is key.
Short
by FieryTrading
3
Are we bullish on Arbitrums ARB ?I think rollups are going to play an increasingly bigger role come bull market The archaic way ethereum has been used in previous bull markets demands a solution. A solution roll ups is likely to play on a large scale. Having third parties rollup microtransactions in order to ease pressure on the main ethereum blockchain is something that will encourage wider spread use of ethereum and crypto products. Paying $100 in fees for a $9 nft isnt a sustainable offering. ARB is in a big falling wedge This wedge doesnt need to play out according to textbooks and can easily be counter traded and fail. With that in mind tho.. being able to capture good low risk entries in this potentially bullish pattern leading into 2024 can end up being extremely beneficial. Keep an eye out for changing data Data on this can change quickly and importantly so its crucial to say nimble and on your toes to new information.
Long
by SoftQuant
9
Dollar-Shop altcoins 💵 MATIC, SUI, ARBHi Traders, Investors and Speculators of Charts📈📉 For now, this is the last video in the 3-part series of altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑 SUI makes some great arguments in terms of fundamentals, including horizontal scalability and being able to directly pass an asset (such as an NFT), directly into a function argument; great for storage. MATIC looking like it wants go head back to the 30's: NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:MATICUSDT COINBASE:MATICUSD BINANCE:ARBUSDT COINBASE:ARBUSD BINANCE:SUIUSDT BITSTAMP:SUIUSD
by Crypto-Check-
46
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
Long trade #12 for Arbitrum ARB price On March 31 this year, we published an idea with our thoughts on Arbitrum For those who are too lazy to read, we wrote that at $0.72, we would take a closer look at the coin and see if it is worth buying. The minimum was $0.74. Assuming that altcoins are finally "feeling their bottom," we can try the following long trade for ARBUSDT: Enter = 0.7632 Stop = 0.7390 (- 3.17%) TP = 0.9140 (+ 19.76%) P/L ratio = 6.2 We allocate $10,000 for this trade In the event of a mistake, we will lose $317 If the trade will be a success, we will receive a profit of $1976 What do you think about this trade, and what is your vision? Write about it in the comments!
Long
by P_S_trade
15