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ARBUSD

ARBUSDT Elliott wave countArbitrum sitting on 0.618 fib retracement of wave ((i)) or ((a)) and support of previous low from 0.7390. Wave ((ii)) or ((b)) an expanded flat correction with wave (c) a 5 waves decline from 2.4250 to 0.7333 that broke below previous low 0.7390. At this level we are watching for evidences for a possible shift to the upside as oscillators are showing bullish divergence and trend to the downside is showing weakness. Price must clear 0.9984 and 1.2754 in 5 waves for a wave (i) of ((iii)) or ((c))). We will post updates soon with an intraday count. Hit the like button if you like my analysis and follow me for future updates and intraday count! Good luck!
by Cross10XSignals
Arbitrum (ARB) is a hidden gem or scam?Hello, Skyrexians! Last couple of weeks something bad is happening on the crypto market. It's dumping hard, especially altcoins. Most of the top crypto traders has been waiting for altseason for quite a long period of time, but the result is the opposite. Major exchanges delisted some tokens, which immediately fall below it's critical levels, crypto trading strategies faces with huge losses, most of automated trading bots also hurt deposits, even grid trading bot got stop loss because of price falling below price range. In such a difficult times it's vital to chose the best assets to invest money. Finding such altcoins is important also for automated cryptocurrency trading because it needs enough liquidity. Today we will try to understand if BINANCE:ARBUSDT such asset or not, providing multi time frame analysis using different indicators. Arbitrium weekly analysis - what Elliott waves are telling us? Almost all profitable crypto trading strategies are based on Elliott Waves, at least for confirmation trading decisions. On the 1W chart we can see that the first bullish impulse has been obviously finished at $2.43. In my opinion now most of traders shall think that game is over because current dump has almost hit the wave 1 bottom, but waves 2 can retrace up to 100% of the wave 1, especially for such low cap altcoins. ARB is still not bottomed yet, but this bottom is next to. if this anticipation is true this asset is about to start the impulsive wave 3, which has minimal target at $2.56, most likely at $3.58 and the optimistic one at $5.23. For sure it's not the final target for entire bull market if it will take place, just for wave 3. Extended wave 5 can easily double all these targets, but now it's too early to talk about it.
Long
by Skyrexio
1
Arbitrum Analysis | Consolidation with a Bearish BiasCurrent Chart Analysis: The daily chart of ARB continues to show a steady downtrend within a broad range. This pattern reflects sustained selling pressure and dominant bearish sentiment in the market. The price is approaching a significant support level around $0.76 - $0.74, historically serving as a crucial zone for price stabilization. Support and Resistance Levels: The current price is near a support level around $0.91. The critical resistance level to monitor is $1.29, which has been a strong barrier, often leading to price struggles and reversals upon testing. Volume Analysis: Trading volumes typically increase during price declines, highlighting intensified selling pressure. During consolidation phases, volumes remain elevated while candlesticks exhibit low volatility. This pattern suggests market uncertainty and a lack of clear directional momentum, potentially signaling position accumulation by traders preparing for the next significant breakout or breakdown. Possible Scenarios: 🟩 Bullish Scenario: A breakout above the local resistance level at $1.10, accompanied by increased trading volumes, could signal a potential bullish reversal, driving the price up to $1.29. To confirm the shift in market sentiment, this breakout should be supported by high volumes and price consolidation above the $1.29 level on the daily timeframe. This could lead to a subsequent phase of price consolidation, allowing for further testing of key resistance levels on the path to continued growth. 🟥 Bearish Scenario: If the price fails to hold above the $0.91 support level, it could lead to further declines. Consolidation below this support level would likely continue the downtrend towards the next support zone around $0.76 - $0.74. Traders should be prepared for potential short positions or implementing protective measures if this scenario unfolds. Overall Market Sentiment: Current Bias: ARB is displaying bearish sentiment, with potential for extended range-bound trading between the support at $0.91 and the resistance levels at $1.10 and $1.29. The recent token unlock event has added significant supply, contributing to downward pressure, while overall market uncertainty in the crypto space exacerbates this trend. Despite the bullish potential from the Robinhood integration, its impact appears muted in the current environment, unable to counterbalance the prevailing bearish dynamics. Recommendations for Traders: ◼️ Monitoring Trading Volumes: Keep a close watch on trading volumes around key support and resistance levels to assess the strength of any breakout or pullback. ◼️ Preparation for Volatility: Given the recent increase in token supply and market uncertainties, expect heightened volatility. Consider risk management strategies such as setting stop-loss orders, adjusting position sizes, and employing careful entry and exit planning to mitigate risks from sudden market movements. Disclaimer: Content for seasoned traders only. Not financial advice. You bear sole responsibility for trading outcomes. ➖ DYOR 🧠 💡
COINBASE:ARBUSD
by TeddyVizion
Arb local swing trade ideaARB followed Ethereum and pumped around 25%! Rumours now around EthereumETF can push the prices to new ath for many coins. BINANCE:ARBUSDT Possible Targets and explanation idea ➡️Weekly timeframe, after listing still relevant fib. IAP model ➡️We come back and close W October 2023 Fvg in May 2024 ➡️Based on my money power indicator you can see periods where whales inflow money ➡️Local swing trade target its a new ath around 200% everything what above -open space Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
#ARBUSDT.P #Analysis & #LongSetup #Eddy#ARBUSDT.P #Analysis & #LongSetup #Eddy For example, in an altcoin"Arbitrum", I have provided you with proper analysis & long setup so that you are aware of the general movements of the market and other altcoins & don't rush to buy, the structure is not complete. ((This analysis was based on the liquidity structure and its combination with other styles, including : PA,RTM,ICT,VT,Lvl2+3,DOW,Wyckoff,...)) >> The possibility of growth and explosion of altcoins is very high & they can see much higher targets. Be sure to visit Bitcoin analysis update :
by Eddy_Trade_
1
Trade Idea for Arbitrum (ARB) - Accumulation StrategyArbitrum (ARB) is currently trading at approximately $1.20, with recent fluctuations between $1.06 and $1.20 over the past week. The 24-hour trading volume is notably high, around $694.90 million, which underscores significant market activity. With a market capitalization of about $3.19 billion, ARB is a major player in the Layer-2 scaling solutions for Ethereum, aimed at reducing fees and transaction times​ (Binance)​​ (CoinGecko)​. Consider buying ARB at the current market price of $1.20. Given the current market conditions and Arbitrum’s role in enhancing Ethereum's scalability, this price provides an entry into a significant blockchain infrastructure component. If the price drops to $1.00 or further to $0.80, these levels should be considered as additional buying opportunities. This strategy allows for averaging down the entry price while increasing exposure to ARB during price dips. Set a conservative sell target around $1.40, $1.60, $2.00, $2.20, which is slightly above the recent price fluctuations. Further targets could be adjusted based on ongoing market developments and Arbitrum’s performance in the broader crypto ecosystem. As a Layer-2 solution, Arbitrum directly addresses the high cost and slow transaction times of Ethereum by aggregating transactions in batches. This technical utility is crucial as Ethereum continues to be the backbone of various decentralized applications. The recent trading volume and price stability indicate a robust trading interest and potentially undervalued position given its technological proposition​. This strategy indicates a readiness to hold through potential volatility, suitable for investors with a higher risk tolerance and a long-term perspective on their investment in blockchain technology infrastructures. Investing in ARB aligns with a strategic stake in Ethereum's scaling solutions, which are pivotal as the blockchain space evolves. The phased buying approach mitigates risks associated with price volatility and capitalizes on potential upswings prompted by broader adoption or technological milestones. This trade idea is based on the current market dynamics and Arbitrum's strategic role within the Ethereum ecosystem as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice
Long
by icordkaz
1
Arbitrum ARB price suspends its fallTo be honest, I don't really understand why "crypto people" expect some kind of miracle from ARB ? 🤷 The effect of "it's a pity to throw it away - let it be" probably works more here. So explain to me who should buy #Arbitrum so that its price goes up by super X? If there are a bunch of "Homunculus loxodontus" who were given AMEX:ARB for billions of dollars just like that, and they are sitting and waiting to sell "very expensive" and do not plan to buy #ARBUSDT anymore... But the laws of economics work a little differently... So, if you look at the ARBUSDT chart, if everything goes well, the ARB price should not fall below $0.90 🚀 The targets for the ARB price growth are shown schematically on the chart. We don't believe in a sharp rise in the #ARBUSD price, it's too heavy a coin. However, a x2-x3 increase during 2024 is quite realistic. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
4
ARB UPDATE (1D)This is an update to the analysis you see in the "Related Ideas" section The previous scenario is still valid. We have a large diametric that we are in wave D of which we also reached the green range of the previous analysis and the price reacted to this support range. But the point is that the time of the D wave cannot end so soon. From the specified supply, we expect a downward price rejection. Between the two vertical lines on the chart (on August 24 to September 25), wave D can end and the price can enter bullish wave E. Closing a candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2
ARB UPDATE (6H)ARB appears to be forming a large diametric that has now entered wave D. From the green range it is expected to support and start the bullish wave E. We consider such a pattern and path for ARB. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
1
Arbitrum IndecisivenessLots of indecisiveness surrounding ARB. This is one of those moments, as a trader, where you can't rush into a trade. You have to let the market decide and then make a move to go with the flow. Symmetrical Triangle...Check HL on PA (so far)... Check LL RSI... Check! Poking of 55MA...Check! The close on the daily TF today will be key in forecasting what the PA will be tomorrow. If we close below the triangle, below the 55MA and re-test from below it in the next several days, I'll be looking to enter short with a TP @ $1.3 . Otherwise a re-test of the top isn't particularly attractive considering the RRR. Cheers!
by sucky
1