ARB has broken through the 1.16 level and is expected to find support in this area. After receiving support at this level, we can anticipate a move towards higher numbers with a potential breakout of the higher resistance at 1.236 (a breakout would be confirmed by a 4-hour candle closing above this price). The first target for this move would be 1.395, followed by...
📊Analysis by AhmadArz: 🔍Entry: 0.8205 🛑Stop Loss: 0.6362 🎯Take Profit: 1 -1.15 -1.36 -1.50 -1.72 -1.89 -2.08 -2.21 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
In time h4, after correction in a descending channel, it is now out of the channel, which can be prepared to continue the upward path after the pullback to 618 Fibo, which is currently a resistance level, confirming the failure of the descending structure. Therefore, at the specified level, it is possible to continue the upward trend with confirmation. Please...
ARB is currently trading above all time high, if it sustains above it we can see a massive rally for price discovery.
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Arbitrum bounced off the lower boundary of descending channel. Bullish movement to resistance level at 1.14 is possible.
Pretty clean setup; deviated the range high and now has a potential range low deviation. Target: range mid and range high. Invalidation below the recent swing low.
BYBIT:ARBUSDT.P ARB is looking good for LONG ! soon it will test resistance
Set up for Long ARBUSDT. Currently the coin showed us that it found a support and we see the triangle pattern. the rest you can see on the chart