Arbitrum
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 $1.30.
Other technicals:
Price is above 21-EMA and 50-EMA : Bullish
RSI >50 : Bullish
Supertrend : Buy
Note:
Studies are for educational purposes only.
We will not be responsible for any of your Profits & Losses.
Please trade with a proper risk management strategy to avoid huge capital loss.
ARBUSDT, Key zones to watch & A buy point. ARBITRUM📈Hello guys, Everything is explained on the chart for you like always. The price creating a W pattern and now under the resistance, So after breakout and at pullback will be a good point to buy with lower risk.
(Also consider it after a good correction and specially under 1$ 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 :)
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
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.
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!
AIDOGE coming into the buy zone for wave CWe did really well buying at 22 and 15 and sold at 28 now we are looking to buy back in the elipse and our target is the rectangle at top of Wave C. The bottom of wave B is always the best place to enter LONG. The fibs are showing the energy of wave A and poiunting us to where it will run out at the top of C. this coincides with a retest of our Previos High where you see my indicator called a yellow flag to sell. Here on the 4H we can also see a rise in volume for the last 8 hours with excellent accumulation. This Token is paying over 1000% APR in rewards and you can pair it with ETH to make 17000% APR and get your rewards paid in ARB! So that is what the Hype is about and it is a big deal and a huge opportunity for early investors. This is being done on the Arbitum One network. Cheers and take a look a PEPE as well....
ARB 2$Greetings to all readers! Today, I would like to share my opinion on the ARB coin. This project caught my attention, and I believe that ARB is a very interesting coin worth holding in one's portfolio.
Recently, I decided to purchase some ARB and allocated the majority in the zone that I marked on the chart. I am confident that the coin has a good product and a team of developers working on improving the project. Additionally, the project has prospects for future development.
ARBUSDT H4Hi Guys, Hope You well
Update for arbitrum , One of my best
Hi Guys Hope you well
last bitcoin analysis in H4, now I Show you the clearly roadmap in 1H.
SecondChanceCrypto
⏰02/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
BTCUSDT H4Hi Guys Hope you well
last bitcoin analysis in H4, now I Show you the clearly roadmap in 1H.
SecondChanceCrypto
⏰02/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
BTCUSDT H4Hi Guys,Hope you well
update for bitcoin, I wait for enter in daily demand yet,
SecondChanceCrypto
⏰02/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
🔥 Arbitrum Bullish Channel Bounce InitiatedIn my most recent ARB analysis I talked about the bullish channel and my expectation that we'd see more bullish price action coming to this token.
Soon after the publication of the previous analysis we had the faulty news trigger about the US government selling 200k BTC, so we dumped hard.
Nevertheless, the structure still holds and is arguably stronger now that we bounced off it a second time.
Targets in blue.
ARB - Decisive move coming! Here's the entry level:Based on current indications, it is likely that we will see a significant move soon! If the price breaks to the upside, it would be advisable to consider an entry point at 1.415$. Conversely, if the price trend falls below the support zone, considering a selling position may be an opportune moment.
The idea is: Buy when the price breaks above 1.415$ and take profits at the levels shown in the chart
Targets:
1. 1.43$
2. 32$
3. 37$
4. 47$
5. 53$
-------------------------------------------
Recent Altcoin trades
ARB / USDT: 30% profit!
-------------------------------------------
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!
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
AICode is coming AiCode is just around the corner in about 36 hours.I think people are slowly pulling Money out of MEXC to get AiCode while buying large chunks on Camelot.
( If you spend 500$ on AIDoge on Camelot you will get some AICode as incentives. ) this will result in a large Jump of about X2 or even x3 depending on the Price shortly before Camelot to around 0.000000006100
50%of Aidoge will be burnt while buying AiCode and 50%will be locked into a wallet for future distributions.
🔥 Arbitrum Bullish Channel ConfirmedAfter an initial period of sideways trading, it seems that ARB has finally found the way up. When we connect the two local tops and two local bottoms we can clearly see a bullish channel on the chart.
Seeing that BTC is currently going parabolic, I can definitely see volatile alts like ARB seeing big gains over the next days/week.
For now I'm looking at 1.60 and 1.80 as my initial targets, potentially even te top of the channel.