ARB
ARB Potential Pre Bull Run ABC CorrectionLooking at the 4hr chart for ARB and the entire history since lauch we can see the initial range formed was approximately 145%.
Currently price has pulled back into and retested the top of the range signaling the possiblity of a larger pullback before a "potential" bull run.
I emphasis the word potential as expectations are based on the 3year cycle. While this cycle has repeated it's self 3 times and likely will again it has long been said when even the shoe shine can predict the next bull run distribuition has run its course and the run never comes.
For now charts are up and to the right until they are not.
Current Trading Plan:
Wait for a potentially larger pull back to the 1.15-1.35 area at 50% of the current range. This would also be a pull back into the swing high to low golden pocket.
Being the market has already pushed up and likely in sideways accumulation if we are going to get another run the next lows should be last oppertunity for the best prices.
Typically as the market expands it grows eponentially which is the basis for the potential targets on the chart.
Trade Well....
ARB/USDT Keep an eye on the demand, Potential Bounce hard!!💎 ARB has witnessed significant developments in the market. After achieving a new all-time high (ATH), the price has experienced a significant decline, and there is a possibility that it will continue to drop until it reaches the demand area around the 1.37 area.
💎 Once it reaches this demand area, there is potential for a bounce, which could lead to a continuation of the upward movement and the probability of setting a new ATH.
💎 However, if ARB reaches the demand area and does not show a positive response, such as consolidating in that region, this could be a concerning sign.
💎 It suggests that there is potential for the price to break down below the demand area and continue its downward trajectory, possibly heading towards the next lower demand area or even reaching the key support area.
Arbitrum ($ARB) - Ranging for now, demand sitting belowThis idea is that ARB will see ranging price action with significant swings over the coming days weeks. Reclaiming the equilibrium would be major, but not sure if we get that just yet.
If the range is lost, I see this heading toward $1.30
Some serious gains to be made even if it ranges for a little while. Overall structure is strong and bullish for a longer term outlook however.
Cheers
ARB/USDT Bullish continuation from demand ?🚀ARB Today Analysis💎 Get ready, Paradisers! #ARBUSDT is on the brink of what looks like a profitable leap, showing all the signs of picking up steam from its current demand zone.
💎 Diving into #ARBITRUM latest trends, it took a little dip below the demand level, nudging the market vibe towards the sell side. Yet, with the price brushing against buying liquidity around this key point, a bullish rebound from the deeper demand at $1.3823 seems on the horizon. If LSE:ARB can keep up the pace after hitting this mark, we're potentially looking at a climb towards the juicy supply zone at $2.4078.
💎 But let's not forget, the trading arena is all about staying one step ahead. Should our star player fail to keep the bullish energy alive from its lower stance, a further drop could be in the cards.
Ascending Trend LineIn ARB's daily timeframe, a critical support exists in the blue zone. Bullish patterns here could resume the main trend. If this support breaks, the next focus is the ascending trend line.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
ARB/USDT bullish horizon what next? 👀🚀ARB Analysis💎 Paradisers, get ready for a promising trading opportunity with #ARBUSDT, as it's showing an increasing likelihood of a bullish continuation from its current demand zone.
💎 Reflecting on #Arbitrum's past performance, we've noted its pattern of creating equal highs followed by a downward trend. At this juncture, we anticipate that it may initially break low, setting the stage for a high probability of a bullish move from the demand level at $1.4362. If the price can maintain its momentum at this level, we aim for a strong push towards the supply zone at $2.4171.
💎 However, as seasoned traders, we're always prepared with a contingency plan. Should the aforementioned scenario not materialize, we anticipate #ARB to make a bullish rebound from a lower demand level at $1.3095. Be aware, though, that falling below this level could lead to a significant bearish movement.
Arbitrum ($ARB) Poised for Further CorrectionAfter reaching an all-time high of $2.4, Arbitrum underwent a minor correction. Currently, the asset is trading near the support zone of $2.0–$2.05, which has been tested twice in the past few days.
The most likely scenario is for the asset to resume its upward movement from this support zone. In this case, the nearest resistance level would be at $2.227, where a significant number of sell orders are concentrated. If buyers manage to surpass this level, the asset could continue its upward trajectory toward the next resistance zone at $2.33–$2.40, maintaining the potential for setting new all-time highs.
A deeper correction for Arbitrum is only conceivable if a similar scenario unfolds on the BTC chart. Under such circumstances, LSE:ARB could retreat to support levels at $1.97 and $1.85–$1.90.
scalping (ARB)📊Analysis by AhmadArz:
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ARB-2024The global alignment for 2024!
The price goes to the Control ZONE 3.02-4.79
Level 3.81
Correction in this zone (FLAT) or a rollback to the level of 1.91
Further hike to the level of 16.61-19.07
In the global sales area 11.49-27.55
BEAR to the 4.25-1.57 zone!!!
The price of the total volume is 1.1673!!!
Arbitrum price maybe in the process of forming "Cup with handle"A lot of ARB tokens were given away for free, there are a lot of holders large and small.
Sooner or later, "the big wallets" will organize a coin pumping, but right now, we wouldn't risk buying ARB in our crypto portfolio.
The trading range of $1-1.30 is another matter: there was a certain "struggle" between buyers and sellers, a certain redistribution of capital took place there, and we would try to buy ARBUSDT for 1-3% of the investment deposit.
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$ARB Arbitrum's MASSIVE Falling WedgeAMEX:ARB currently printing a Massive Falling Wedge
Current price: 0.84
Will Arbitrum be able to maintain angled Support?
If #ARB is unable to hold angled support, Next Support is 0.5
If Support is held, Up resistances: 0.94,1.07, 1.15, 1.28, 1.43, 1.56, 1.69, 1.81 are possible
ARBUSDT LongBINANCE:ARBUSDT
The emergence of a bullish trend in the ETH market has led me to anticipate noteworthy growth in ARB. This expectation is grounded on the technical analysis of ARB's recent trend, which exhibits a departure from its bearish trajectory, coupled with a fundamentally optimistic outlook. It follows that, within the foreseeable future, the price of ARB is expected to ascend to specific levels.
$ARB #Arbitrum preparing for the skies...As i said in my previous ideas, #ARB is heavily undervalued and I say this again. AMEX:ARB must reclaim new highs and ATH. This L2 season will be insane. Op has started the race, now it' s the time for ARB and MATIC / Polygon.
In short time frame, the cup has formed and now the price is forming the handle. If declination does not come from the last week' s top, $Arbitrum price will likely visit the previous All Time High.
NOT FINANCIAL ADVICE.
ARB/USDT Break out the pattern, Ready for continue upward move??💎 ARB has recently become a focal point in the market, having achieved a breakout from a bullish pattern. It's now facing the critical phase of challenging the resistance trendline. For ARB to maintain its upward momentum, a strong bounce from this level is essential, with our next target being a significant resistance area.
💎 However, if ARB fails to demonstrate a rebound from this level, it might indicate a false breakout, potentially leading to a reversal in its trajectory. Under such circumstances, ARB could see a downward movement, heading back towards the Bullish OB area.
💎 The Bullish OB area is a pivotal zone for ARB. A robust bounce in this area is crucial as failing to hold this level could confirm a bearish turn in ARB's movement. If this breakdown occurs, it's likely that ARB might revisit the key support area, marking a significant shift in its market trend.