ARB
ETH/USDT Technical Analysis: Will Ethereum Price Move Up or DownETH/USDT Technical Analysis: Will Ethereum Price Move Up or Down?
Ethereum (ETH) is one of the most popular cryptocurrencies, and its price has been volatile in recent weeks. In this technical analysis, we will look at the chart patterns and indicators to determine the possible direction of Ethereum price.
Chart Analysis:
According to our chart analysis, Ethereum is currently in a bearish scenario, with a 12% decline from our resistance level. The price has been rejected from the resistance level, and we may see a further decline in the coming days. Our analysis suggests that the price could drop to $1579.
Range Bound:
However, there is a possibility that the price could remain range-bound between TSE:1840 and $1922. This range will determine the next move of the Ethereum price, whether it will move upwards or downwards.
Upward Move:
If Ethereum breaks the resistance level of HKEX:1922 , we can expect the price to move above the recent high of $2100.
Downward Move:
On the other hand, if the price breaks down the support level of TSE:1840 , we may see the price drop to the $1700 or HKEX:1500 range.
Support and Resistance Levels:
The support levels for Ethereum are TSE:1840 , $1700, and $1579. The resistance levels are HKEX:1922 and $2100.
Takeaways:
Ethereum is currently in a bearish scenario with a 12% decline from the resistance level.
The price could remain range-bound between TSE:1840 and $1922.
If Ethereum breaks the resistance level of HKEX:1922 , we can expect the price to move above the recent high of $2100.
On the other hand, if the price breaks down the support level of TSE:1840 , we may see the price drop to the $1700 or HKEX:1500 range.
Conclusion:
In conclusion, Ethereum's price is currently in a bearish scenario, but there is a possibility of a range-bound movement. Traders should keep a close eye on the support and resistance levels to determine their next move. As always, this is not financial advice, and investors should conduct their own research before making any investment decisions.
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Long ARBAfter a powerful triangle breakdown and exiting its range, Arbismart was able to climb to the range of $1.8. However, with the correction of Bitcoin, this currency has also experienced a correction. We should note that this currency was officially pumped during the rise of Bitcoin. We have two scenarios:
1. It may start to rise from this point, because it has corrected up to 50% of itself and is in its own cheap zone from an organizational point of view. The second reason is that it may have hit the ceiling of its previous trading range and may not enter the previous range.
2. The second scenario is that it wants to have a deeper correction to the previous base, in which case Bitcoin must correct a lot and we must have at least some bad news for this currency for the correction trend to continue.
In my opinion, I lean more towards our first scenario. Stay steadfast and profitable.
ARB USDT LONG SWING | ARBUSDT | LONG @ 1.65 - 1.8 | TP @ 1.82, 1.84, 1.86, 1.88, 1.9 | SL @ 1.46 | PATTERN = BULL FLAG | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:ARBUSDT KUCOIN:ARBUSDT BINANCE:ARBUSDT.P BYBIT:ARBUSDT.P COINBASE:ARBUSD OKX:ARBUSDT OKX:ARBUSDT.P BYBIT:ARBUSDT BINANCE:ARBTUSD
Binance Coin (BNB) Technical Analysis: A Bearish Outlook Binance Coin (BNB) Technical Analysis: A Bearish Outlook for Short-term, Bullish for Long-term
Binance Coin (BNB) is one of the most popular cryptocurrencies in the market, and it has been on a rollercoaster ride recently. Currently trading at FWB:334 , BNB has risen by 82% from its recent bottom, but it is still far from its all-time high (ATH) of HKEX:700 in 2021. In this technical analysis, we'll look at the BNB/USDT chart and try to determine what the future holds for this cryptocurrency.
BNB's Recent Performance
As per the chart, BNB has been on a positive trajectory since hitting its recent bottom. However, the analyst doesn't expect the coin to hit a bottom in this bear market. They predict that BNB's bottom would be HKEX:120 as the weekly chart is still forming a bearish flag. The analyst has a bearish outlook on the short-term prospects of BNB, but they note that the long-term outlook is bullish.
Supply and Demand Zones
The biggest supply zone for BNB is currently between $350-$400. If BNB breaks this resistance level, the analyst becomes bullish. They predict that BNB will hit HKEX:400 before the next leg down, after which a new low/bottom will be formed. The bear market bottom is expected to be around $100- HKEX:120 , after which a strong bounce can be anticipated.
Long-term Outlook
The analyst's long-term outlook for BNB is bullish due to the bull flag forming in the weekly chart. They predict that in the next bull run, BNB will reach HKEX:1500 -$2000. However, they note that every time the BNB bull market begins, it starts from the 0.5-0.618 fib retracement level, which has not yet occurred in the current market. The 0.5-0.618 fib retracement level for the current market is around HKEX:95 -$140, which the analyst believes will be the best accumulation area.
Key Takeaways
Binance Coin (BNB) is currently trading at FWB:334 , up 82% from its recent bottom.
The bear market bottom for BNB is expected to be around $100- HKEX:120 , after which a strong bounce can be anticipated.
The biggest supply zone for BNB is currently between $350-$400. If BNB breaks this resistance level, the analyst becomes bullish.
BNB is expected to hit HKEX:400 before the next leg down, after which a new low/bottom will be formed.
The long-term outlook for BNB is bullish, with the analyst predicting that it will reach HKEX:1500 - HKEX:2000 in the next bull run.
Conclusion
In conclusion, this technical analysis predicts that BNB will experience a short-term bearish outlook and hit a bottom of around $100-$120. However, the long-term outlook for BNB is bullish due to the bull flag forming in the weekly chart. Investors are advised to do their own research before investing in any coins.
ARBITRUM ARBUSDT Price Analysis: What the Numbers SayHello traders, this is @Vestinda!
Briefly, Arbitrum is a layer-2 scaling technology for Ethereum aimed at boosting transaction speed and efficiency on the Ethereum blockchain.
It is built on top of Ethereum and utilizes a technology called Optimistic Rollups to increase the number of transactions per second, reduce gas fees, and improve the overall user experience.
The purpose of Arbitrum is to provide a scalable and efficient solution for Ethereum users, developers, and dapps, enabling them to build and interact with smart contracts on the Ethereum network without worrying about the high fees and slow transaction times associated with the main Ethereum chain.
The team management behind Arbitrum is Offchain Labs, which was founded in 2018 by Ed Felten, Steven Goldfeder, and Harry Kalodner. Ed Felten is a computer science professor at Princeton University, and he also served as the Deputy Chief Technology Officer of the White House during the Obama administration. Steven Goldfeder is a postdoctoral researcher at Princeton University, and Harry Kalodner is a computer science PhD candidate at the University of Maryland.
The key investors behind Arbitrum include Sequoia Capital, Redpoint Ventures, Pantera Capital, and Placeholder Ventures , among others. In May 2021, Offchain Labs raised HKEX:120 million in a Series B funding round led by Lightspeed Venture Partners, with participation from other notable investors such as Ribbit Capital, Alameda Research, and Mark Cuban.
Shortly after listing on big CEX the price of ARBUSDT has skyrocketed to a swing high of 1.82, only to retrace to the 61-50% Fibonacci retracement levels. However, fear not, as the cryptocurrency is now making a rebound. To ensure successful short-term trades, keep a lookout for the nearest support level, which is located at the 50% Fib level of 1.48.
Stay tuned for further updates!
Bitcoin Ready for $36000 in Next 30 Days ?Bitcoin Technical Analysis: Strong Support at $28700, Potential for $36000 Target
Bitcoin has been trading at HKEX:29300 , and as per the chart, it has broken out of the $28700 resistance level and is now doing a retest at that level. This article will provide a technical analysis of Bitcoin and highlight the potential for a bullish or bearish trend.
Key Levels:
Support: $28500
Resistance: $30500
Headings:
Bitcoin Technical Analysis
Breakout and Retest at $28700
Strong Support at $28500
Potential for $36000 Target
Risk of Dropping to $23000-$24000
Breakout and Retest at $28700:
Bitcoin has recently broken out of the $28700 resistance level and is currently undergoing a retest at that level. This retest is crucial in determining the future direction of Bitcoin. If the retest is successful, we could see a potential for a bullish trend.
Strong Support at $28500:
The $28500 level has now become a strong support level for Bitcoin. If Bitcoin bounces back from this level, it could potentially reach the next target of $36000. However, if it breaks below this level, the bullish hope is lost, and we could see Bitcoin dropping to $23000-$24000.
Potential for $36000 Target:
If Bitcoin successfully bounces back from the $28500 support level, the next potential target is $36000. This could be a sign of a strong bullish trend.
Risk of Dropping to $23000-$24000:
If Bitcoin fails to hold the $28500 support level and breaks below it, the bearish trend could take over, and Bitcoin could potentially drop to $23000-$24000.
Takeaways:
Bitcoin has broken out of the $28700 resistance level and is undergoing a retest at that level.
$28500 has become a strong support level for Bitcoin.
If Bitcoin bounces back from $28500, the next potential target is $36000.
If Bitcoin breaks below $28500, it could drop to $23000-$24000.
Conclusion:
Bitcoin's technical analysis suggests a potential for a bullish trend if it successfully bounces back from the $28500 support level. However, if it breaks below that level, the bearish trend could take over, and Bitcoin could potentially drop to $23000-$24000. This is not financial advice, and readers should conduct their research before investing in any coins.
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ARB - Keep an eye on this level! Trade setupIf you missed the initial breakout, then here's the new entry-level.
The idea is: Buy when the price breaks above 1.355$ and take profits at the levels shown in the chart.
Targets:
1. 1.37$
2. 1.449$
3. 1.485$
4. 1.566$
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Recent Altcoin trades:
ARB / USDT: 5% profit
APE / USDT: 7% profit (Still going)
DOGE / USDT: 2.3% profit
XRP / USDT: 2.4% profit
DOGE / USDT: 20% profit
XRP / USDT: 9% profit
SHIB / USDT: 3.4% profit
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About our trades:
Our success rate is notably high, with nine out of ten of our posted trade setups achieving at least their first target upon a breakout price breach. Our TradingView page serves as a testament to this claim, and we invite you to verify our results firsthand.
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Arbitrum ARB price is on a growth wave. Where will be maximum ?Despite the fact that the community of Arbitrum holders is still quite young, and they are just "getting used" to each other, they have managed to make one important joint step.
ARB buyers kept the price above 1$ and started a wave of growth.
How high do you think the ARBUSDT price wave will reach before the correction begins? 2.08$, 2.42$, or maybe even 3.08$?
Write your options and thoughts in the comments below the idea
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Binance Coin (BNB) Technical Analysis: Is a $1000 Target ?Binance Coin (BNB) Technical Analysis: Is a HKEX:1000 Target Possible?
Binance Coin (BNB) has been on a bullish run lately, with the altcoin market as a whole seeing significant gains. At the time of writing, BNB is trading at FWB:340 , and technical analysis suggests that there may be more upside potential in the near term.
Takeaways:
BNB is currently trading at FWB:340 and has been on a bullish run.
Technical analysis indicates that BNB may retest the HKEX:270 - HKEX:290 level in the next few days, which is a strong support level.
If BNB bounces from the HKEX:270 level, the next target could be LSE:450 , followed by a retracement to HKEX:320 -$330.
If BNB holds the $300 support level, there is potential for it to reach HKEX:1000 or even HKEX:1500 -$2000.
However, if BNB breaks down the FWB:280 level, it could drop to HKEX:150 - HKEX:200 , which may present a good entry point for long-term investors.
Conclusion:
Overall, Binance Coin (BNB) appears to have significant potential for growth in the near term, with technical analysis suggesting that it could reach HKEX:1000 or even higher. However, as with any investment, it is essential to do your own research and make informed decisions based on your own risk tolerance and investment goals.
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BTC/USDT Bearish Divergence Analysis: Potential Downside Ahead BTC/USDT Bearish Divergence Analysis: Potential Downside Ahead
Bitcoin (BTC) is currently trading at 30394, and there are indications of a potential downside move in the near future. In this article, we will analyze the bearish divergence that played out recently and the formation of a bearish flag on the 2-hour timeframe. We will also provide support and resistance levels and potential takeaways for traders.
Bearish Divergence Recap
In our previous analysis, we highlighted a bearish divergence in the Bitcoin chart. A bearish divergence occurs when the price makes a higher high, but the corresponding indicator fails to make a higher high, indicating a weakening bullish momentum. As expected, the bearish divergence played out, and Bitcoin dropped by $1000.
Bearish Flag Formation
Currently, a bearish flag pattern is forming on the 2-hour timeframe, indicating a potential downside move. A bearish flag pattern is a continuation pattern that occurs after a sharp price decline, followed by a period of consolidation, and then a further decline. If the price breaks down below the support level of $30250, we can expect further downside towards $29900 and $29071.
Support and Resistance Levels
The support levels for Bitcoin are $29930 and HKEX:29071 , while the resistance level is $30600. Traders should monitor these levels closely and use them to plan their trades accordingly.
Takeaways for Traders
Traders should keep a close eye on the support and resistance levels mentioned above and consider placing stop-loss orders accordingly. It is important to note that the cryptocurrency market is highly volatile, and sudden price movements can occur at any time. Traders should also consider using technical indicators and other tools to confirm their trades and manage risk.
Conclusion
In summary, Bitcoin is showing signs of a potential downside move, with a bearish flag pattern forming on the 2-hour timeframe. Traders should monitor the support and resistance levels closely and use them to plan their trades accordingly. It is important to keep in mind that the cryptocurrency market is highly volatile, and proper risk management is essential. As always, we will continue to update our analysis in real-time to help traders stay ahead of the market.
MATIC/USDT Technical Analysis For Long SetupMATIC/USDT Technical Analysis for Long Scalp: Targeting $1.30
Polygon (MATIC) has been a popular cryptocurrency lately, with its price showing a bullish trend. In this technical analysis, we will examine MATIC/USDT's current price, identify potential entry points for a long setup, and provide price targets for traders to aim for.
Technical Analysis:
At the time of writing, MATIC is trading at $1.1682. If BTC becomes volatile, we could see an excellent entry point around $1.14-$1.16 for a long setup. The first target for this trade would be $1.20, followed by $1.24 and $1.30. If any 4H candle closes below $1.114, traders should exit the trade to prevent further losses.
Takeaways:
MATIC/USDT is currently trading at $1.1682
The potential entry point for a long setup is around $1.14-$1.16 if BTC becomes volatile
The price targets for this trade are $1.20, $1.24, and $1.30
The stop loss for this trade is $1.114
Conclusion:
This technical analysis suggests that MATIC/USDT is currently bullish, and traders could benefit from a long setup with an entry point of $1.14-$1.16. By following the suggested targets and stop loss, traders can manage their risk and potentially earn profits. However, it is important to remember that this is not financial advice, and traders must do their own research before investing in any cryptocurrency. Happy trading!
ARB - forming a bullish triangle! Here's a quick look at ARB 15 min chart. Upon observation, it is clear that the price has formed a bullish symmetrical triangle, and we could possibly see some continuation to the upside if the price breaks above it!
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The idea is: Buy when the price breaks above the triangle and take profits at the levels shown in the chart.
Targets:
1. 1.74$
2. 1.8$
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Recent Altcoin trades:
ARB / USDT: 30% profit
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!) . Our TradingView page serves as a testament to this claim, and we invite you to verify it!
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
ARB Bulls are cooking, Is ARB Ready for $2 move?ARB Trading is currently trading within a rectangle range with a price range of $1.1 up to $1.6 on the chart. This pattern suggests a potential bullish continuation pattern, indicating that the current pause is temporary and an upward movement may be imminent.
However, it is important to consider the possibility of a bearish reaction to the top of the box, which may create breakout pressure. Therefore, caution should be exercised as the price approaches this area, and profits should be protected by moving the stop loss up to breakeven or by using a trailing stop loss.
If the bulls succeed in breaking out, the upward move will most likely continue. However, it is important to remain open-minded, as anything can happen at any time.
👉 ASSET: ARB(ARB/USDT)
👉 ACTION: BUY
👉 1st ENTRY PRICE: $1.1979
👉 STOP LOSS: $1.09
👉 1st TAKE PROFIT: $1.6
2nd TAKE PROFIT: $2.17
💰 RISK MANAGEMENT: I strongly recommend the use of stop loss, you can use the $1.09 to limit potential losses in case the trade goes against us as ranges are unpredictable. We also suggest taking profits as price approach $1.6 to lock in gains. before hitting TA at HKEX:2 range incase the bears get weak on reaction to the box Support
🚨 DISCLAIMER: This is not financial advice. Please do your own research before making any trades. We are not responsible for any losses that may occur from following this trade signal.
Next potential move of ARBITRUM. ARBUSDTHello guys, Everything is explained on the chart for you like always. ARB as a newcomer token in crypto currencies with blockchain and a strong ecosystem which I think it has a lot of growth potential in next bull run. ( NOT financial advice ).The price in the temporary descending channel and under major resistance so I expect some correction and try to break that again. Also consider it after a good correction and specially under 1$ will be good to invest. You can keep that in your watchlist.
(PLAN B) If breakout, will be active.
Good luck.
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Write your comment and opinion below to me
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Salam be doostan, hame chiz rooye chart baraye shoma moshakhas shode. ARB yek arz jadid dar bazar crypto hast ba blockchain va ecosystem ghavi va mitoone petansiyel ziyadi baraye roshd dashte bashe. (tosiye maali nist). gheymat dar kanale nozooli movaghat khod gharar darad va zire moghavemat pas benzaram meghdari eslah mikoneh va dobare talash baraye shekaste moghavemat. hamchenin baad az ye eslaah khoob zire 1 $ gozineh khoobi baraye sarmaye gozari hast. mitoonid tooye watch lsitetoon negah darid.
(PLAN B) agar moghavemat shekaste shod, faal khahad shod.
moafagh bashid.
like va follow faramoosh nashe :)
INJ/USDT Bullish Inverse Head & Shoulder Pattern #INJ/USDT Technical Analysis:
As of now, the INJ/USDT pair is currently trading at $5.47, which is 15% up from our previous analysis. After examining the high-time frame chart, we can see an inverse head and shoulder pattern is forming.
Recently, the pair broke out of the neck line resistance, which confirms the bullish trend. The resistance now becomes support for the price action.
As per the inverse H&S pattern, the target is expected to be $9.08, offering potential gains to traders. To minimize the risk, a stop loss at $4.54 is suggested for this trade. It is also advisable to close the trade if the high-time frame candle closes below the neck line support.
It is important to note that this is educational content, and not financial advice. Conducting your own research and analysis is highly recommended before making any investment decisions.
Join our community for more trading insights and updates, and to stay up-to-date with the latest cryptocurrency market news.
SOLANA Bull Flag Chart AnalysisSOL/USDT Technical Analysis: Bullish Flag Breakout and Potential for 100% Growth
SOL/USDT is currently trading at $24.20, and after the recent breakout of a bullish flag pattern, the cryptocurrency is in a bullish mode. The analyst had already given an entry around HKEX:20 , which is already up by 12%.
The analyst predicts that the price may retract to around HKEX:21 - HKEX:22 , which could be a good entry point. After this retracement, the analyst expects the price to fly towards HKEX:30 or HKEX:40 , which is approximately 100% growth from the breakout level.
Here are the technical analysis details:
Entry: HKEX:21 - HKEX:22
Targets: $30/ HKEX:40
Stop Loss: Any 4-hour candle close below $20.50
It's important to remember to manage risk in every trade and to conduct your own research before investing in any coins. This information is not financial advice.
Key Takeaways:
SOL/USDT has broken out of a bullish flag pattern, indicating a bullish mode.
The analyst suggests an entry point of HKEX:21 - HKEX:22 , with potential targets of HKEX:30 or $40.
The stop loss is any 4-hour candle close below $20.50.
Risk management is crucial in every trade, and individual research is recommended.
Conclusion:
SOL/USDT has recently broken out of a bullish flag pattern, and the analyst predicts potential growth of up to 100% from the breakout level. However, it's important to manage risk and conduct individual research before investing. The suggested entry point is HKEX:21 - HKEX:22 , with potential targets of HKEX:30 or HKEX:40 , and the stop loss is any 4-hour candle close below $20.50.