ARBUSDT
$ARB #arbitrum is looking strong for a new hypeI especially pick #arb 's #eth pair to show the strenght of LSE:ARB
Long time horizontal accumulation and double bottom worked. Now ready to send.
And a reminder: Such as powerful L2 , #arbitrum 's market cap is undervalued.
NOT FINANCIAL ADVICE.
ArbusdtFinally broke range
And busted straight to the about fib extension, IF we can break and hold above ~1.44 we can start to look at the aths and price discovery
Its sitting just below the resistance here, consolidation below would be bullish, breaking above would be bullish, basically everything except a break below 1.15 or a severe rejection at this 1.44 area and this stays macro bullish for a while...
Gaine in renge (ARB)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Yes we are in big renge so sell in high & buy in low renge.
📊 (Buy) : 1.0438
🔴 Stop Loss : 1.0095
🎯 Take Profit : 1.069 - 1.111 - 1.146
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
🔥ARB Hype Wiped Out: Time To Buy and Make 300% Profit?Arbitrum fell by -60% from its highs and liquidated all leverage traders who bought on top. I look for entry point.
The best entry point will be when the price will make a false breakout of the $0.74 key level. But I don't think this will happen. The most expected scenario is when the price just test the green accumulation areas as the support and continue its growth.
💥 the time is coming for this ETH ecosystem altcoin.
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
Going Long Arbitrum to 1.22+Arb had a technically beautiful pull back right to the 50 percent retracement fib level which also happens to be about where that 50 day SMA is pulling up to lend a helping hand in supporting price here. You can also see that we are in a bullish triangle. Could we drop to the bottom side of that triangle before we exit? Yes, absolutely. But the reason I am entering now is because of what our RSI chart is showing. We are fairly close to hitting that ascending TL once again and everytime we do, there is a nice pump that follows. Quite simply, I just don't want to miss it. So, if we do drop to the bottom of the triangle, I'll hold right through expecting more upside movement to come soon.
This is how I am trading it anyways. You do you.
Exciting developments in the $ARB 🚀 Exciting developments in the AMEX:ARB universe! 📈 The charts are painting a promising picture with a Bullish Falling Wedge breakout and a robust Double Bottom formation. 🔄 The technicals suggest a potential upward surge, and I'm gearing up for the ride!
📊 Currently loading up as we speak, eyeing a target of $1.8. 🎯 This setup seems to have the perfect recipe for significant gains. 🚀💰 The market sentiment is positive, and I'm ready to capitalize on this opportunity!
🌐 Keep an eye on the charts, fellow crypto enthusiasts! 📈 Let's ride the waves together and aim for those impressive gains. 🚀💎 #ARB #CryptoNews #BullishSetup #DoubleBottom #ToTheMoon #CryptoTrading #MarketWatch 🌕
ARB/USDT Ready for an Explosive Journey? ARB Daily Analysis💎Yello, Paradisers take note as ARBUSDT displays a striking scenario at its resistance point, indicating a potential bullish departure from the Bullish Order Block (OB).
💎Arbitrum has recently pierced through its descending trendline, suggesting a climb is underway. It's currently facing a challenge at the 1.2624 resistance, yet the prospects for a bullish push originating from the Bullish OB are promising.
💎An additional bullish sign is ARBUSDT's sustained strength above the EMA100, adding weight to the optimistic scenario.
💎Nonetheless, traders should remain alert: a fall beneath the 0.940 level may signal a shift to bearish territory. Keep a close watch and strategize with prudence.
💎Refine your trading decisions for ARB with ParadiseFamilyVIP. Delve into our expert analyses on ARB and other potential tokens, refining your crypto approach.
ARB/USDT - Bulls in Command! 🚀**
Dear Traders,
Bulls are firmly in control of ARB/USDT. Anticipating a further price increase, potentially reaching 30-50% soon. The recent pump from a double bottom suggests a move to capture all the upper liquidity.
Note: This is a personal opinion, not financial advice. Conduct your own research before making any decisions.* 🌐💹
ARBITRUM DOUBLE BOTTOMThis article is pure technical analysis. BINANCE:ARBUSDT is showing a double bottom pattern, indicating a potential bullish movement.
But first, pay attention to its past price movement that led to a bullish movement of the coin, ARB had a multi-month trendline breakout. Through this trendline below there were multiple instances of resistance (highlighted in red) from the all-time high.
As of this writing, the neckline is still showing its firmness as the price attempts to breakout after hitting it momentarily.
This firmness is presented on this chart below through back testing procedure wherein we see instances of it being most as resistance line and support at times.
For an intraday perspective, we have to wait for a confirmation for either breakout or breakdown plays.
If a breakdown happens, I plotted some trendlines for a possible take profit areas by using basic support and resistance with backtesting.
$1.0121 and $1.0619 will be my take profit areas to consider.
On the other hand, I plotted a diagonal trendline support, when a massive sell confirms potentially could lead to reversal.
Also, consider the MACD indicator in a 4-hour timeframe if MACD crosses along with weakening of the buying pressure that could lead to a reversal.
BULL or BEAR: Still BULLISH considering market on a consolidation phase from the massive pump that happened days ago. Let's give the market the time to recover :)
I'll give time to update the movement for this coin. Overall, scalp if you want to trade this coin and wait for those scenarios that I mentioned for intraday trade.
Follow me on this platform for more market pattern ideas like this. I appreciate the support.
Always PLAN your trades and happy trading!