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Arbitrum

ARB/USDT Technical Analysis And will it hit $10 in BullRun?#Arbitrum Chart Analysis: Current price: $1.21 Range trading since launch Price range: $1.10-$1.43 over the past 72 days Experienced a bull trap at $1.70, but returned to the same parallel channel shortly after Waiting for a breakout for a significant move Upside Breakout: If #ARB breaks $1.44 and sustains above this channel, a substantial upward rally is possible. Downside Breakout: If #ARB breaks below $1.10, a potential downside target of $0.5 can be anticipated. This could present a favorable accumulation opportunity. Exercise patience and wait for the breakout; avoid trading based on speculation. Bullish on ARB in the long run; potential for $10+ during the next bull run. Note: This analysis represents my personal view and is not financial advice. Conduct your own research before investing in any coins. Thank you.
Long
by CryptoPatel
5
ARB Short Call | Target $0.94ARB has recently broken the lower trendline, indicating a potential shift in its price trajectory. Additionally, it is exhibiting a symmetrical pattern, suggesting a potential continuation of the current trend. Given the current market price, traders and investors may consider entering positions around the current market price. Traders and investors may consider booking profit at a target range of approximately $0.94 to $0.95. Summary: Entry: CMP Target: $0.95 SL: $1.20 However, it's essential to conduct thorough analysis and consider other relevant factors before making any investment decisions. Market conditions, news, and overall market sentiment should also be taken into account to ensure a well-informed and prudent approach to trading or investing in ARB.
Short
by blocksat
ARBUSDT price analysisARBUSDT has gained almost 19% since its low of $1.011 on 8th May 2023. The coin is currently at its resistance zone of $1.2059 in a 2-hour chart. If the candle closes above this zone with volume supporting price we can expect the price to reach $1.30. Other technicals: Price is above 21-EMA and 50-EMA : Bullish RSI >50 : Bullish Supertrend : Buy Note: Studies are for educational purposes only. We will not be responsible for any of your Profits & Losses. Please trade with a proper risk management strategy to avoid huge capital loss.
Long
by teakfinance
ARBUSDT, Key zones to watch & A buy point. ARBITRUM📈Hello guys, Everything is explained on the chart for you like always. The price creating a W pattern and now under the resistance, So after breakout and at pullback will be a good point to buy with lower risk. (Also consider it after a good correction and specially under 1$ will be good to invest). You can keep that in your watchlist. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me . Salam be doostan, hame chiz rooye chart baraye shoma moshakhas shode. gheymat dar haale sakht olgo W hast va alan zire moghavemat, pas baad az shekaste moghavemat va dar pullback yek noghte khoob va kam risk tar baraye kharid hast. (hamchenin baad az ye eslaah khoob zire 1 $ gozineh khoobi baraye sarmaye gozari hast). mitoonid tooye watch lsitetoon negah darid. moafagh bashid. like va follow faramoosh nashe :)
Long
by ArashBanakar
5
Bitcoin Bearish Head & Shoulder Chart AnalysisBitcoin Technical Analysis: Head & Shoulder Pattern Indicates Bearish Trend Bitcoin's current trading price is $26800, and the daily time frame chart shows that the Neck Line support of the Head & Shoulder pattern has been broken, indicating a bearish trend. This article provides a technical analysis of the BTC/USDT chart, along with insights into the potential target and key levels to watch. Previous Analysis - Correct Prediction: The author's previous analysis of Bitcoin's trading behavior correctly predicted a drop from $30k to $26k. Fresh Analysis - Head & Shoulder Pattern Indicates Bearish Trend: The daily time frame chart indicates that the Neck Line support of the Head & Shoulder pattern has been broken, signaling a bearish trend. The Head & Shoulder pattern is forming perfectly, and the current target after breaking the Neck Line support is $24000. $24000 Target - Based on Chart Analysis: The target of $24000 is based on the height of the Head from the Neck Line support on the chart. Retest Level at $24000: After the breakout on 13-14 March, Bitcoin reached $31000 from $24000. However, the chart pattern has not yet retested the breakout point, so the current retest level is at $24000. Therefore, traders should give high priority to testing $24000 before an upside ride. What if Head & Shoulder Pattern Fails? It is possible that the Head & Shoulder pattern may fail. In that case, if Bitcoin breaks upward $27000 and daily candle closes above $27500, the current pattern will be invalidated, and the targets will be on the upward side. Key Levels by CryptoPatel: The author suggests that traders should watch the support levels of $24000 and $21300 and the resistance level of $27050. Takeaways for Traders: Based on the technical analysis of the BTC/USDT chart, the author predicts a bearish trend with a potential target of $24000. Traders should keep an eye on the chart and be prepared for any unexpected market movements. Conclusion: Bitcoin's current Head & Shoulder pattern indicates a bearish trend, with a target of $24000 after breaking the Neck Line support. The author advises traders to be cautious and monitor the chart closely to make informed trading decisions. Hey, it's CryptoPatel here! I'm passionate about providing you with the latest insights and analysis on the world of cryptocurrencies. If you enjoy my content and want to show your support, please like, share, and follow me for more high-quality updates. Thank you for your support, and let's continue to stay connected for more exciting content! LIKE Share Follow
KRAKEN:BTCUSDShort
by CryptoPatel
4
ARBITRUM (ARB) CRYPTOCURRENCY SHORT | 50% DOWNSIDE | SWING TRADEArbitrum cryptocurrency or the ARB coin was trading in a range from past few weeks. The price has recently broken down the support and currently going up for a retest. I expect a bearish continuation. A short can be initiated. Entry- 1.14 Stop loss- 1.25. But if a daily closes back above the broken support turned resistance, exit the trade. No need to wait for stop loss to hit. Target- 0.5. However, keep booking profits as price goes down and trail your stop losses. Let me know in the comments section if you want me to analyse any other financial instrument. WARNING:- ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.
Short
by rohitkukreja
5
SUI VS ARB Hello everyone! Today I did a review of two new and hype coins - SUI and ARB. Both coins were released at almost the same price, and you can see on the chart the coincidence of entering the market, corrections, accumulation and transition. Personally, I see the growth of the SUI coin, especially the sharp growth and transition. Many people already have this coin, so if you are considering it for investment and long-term goals, then it is a very good coin. In the near future, I expect growth for this coin. Wishing you a successful day and profits!
Long
by Du_Trade
2