Arbusdttrade
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.* 🌐💹
ARB bottom 0.3~0.41D time frame
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ARB performing weak trend since making ATH 1.82 which was hit on 18th April this year. Considering the potential further dump of market, I use 1.13 Fibonacci Expansion to evaluate the appropriate price to buy spot, which range is 0.3~0.4. We could see ARB show this price by December, then it would be a sweet time to accumulate ARB spot before bull.
🟢 ARBUSDT 🟢 LONG - Local on 20.084-hour Chart - ARBITRUM BINANCE:ARBUSDT BINANCE:ARBUSDT.P
Following a strong bearish impulse, we observed a significant rebound.
A long-term movement is emerging through the MSS.
I anticipate a continuation of the bullish momentum towards the removal of EQH (liquidity shelf) within the range of 1.1921 - 1.2068.
... subsequently, I expect to witness a reaction and further downward movement towards the removal of SSL (0.8996).
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ARBUSDTThe overall situation of BINANCE:ARBUSDT can be described as follows:
A descending channel has formed, which confirms with multiple price bounces off the lower channel line. It is likely that the price will soon reach $1.40 from $1.16 and validate the hypothesis of the descending channel, shaping it further.
At the price of $1.40, we are witnessing a resistance line, and it doesn't seem likely that the market will be able to break through this resistance under the current conditions.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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Arbitrum ARB price near the critical point, where to next?The price of ARBUSDT has reached a critical point: the crossing of the local trend line and the beginning of a strong liquidity zone.
In the price range of $1.12-1.27, longs have been taken twice in recent months with the hope of a strong "hype" growth in the price of Arbitrum, but it did not work out.
So we assume that it will not be possible to break above $1.27 at the first time, as many ARB holders will sell their investments at "break-even", as human psychology is so organized.
On the other hand, a lot of ARBs were distributed to cryptocurrency community members "for free," so why sell them, let them stay in the investment portfolio, maybe they will grow someday)
After the ARBUSD price stabilizes above $1.27, you can try to take a long +20% to $1.55
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ARBUSDT - Expecting Massive Up move!!ARBUSDT (4h Chart) Technical analysis
ARBUSDT (4h Chart) Currently trading at $1.045
Buy level: Above $1.04
Stop loss: Below $0.96
TP1: $1.1
TP2: $1.15
TP3: $1.2
TP4: $1.28
Max Leverage 3x
Always keep Stop loss
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ARBUSDT may head for weekly resistance at 1.34-1.36Here are the supports and resistances marked on the chart for this pair. The price is trading between weekly support WS1 and weekly resistance WR1. And recently the price was pushed down by daily resistance DR1 and found support from 4h support 4HS1 and both of these resistance and support are between WS1 and WR1. From the direction point of view, it seems the price wants to retest the daily resistance again. And it is likely to break that this time in order to move further to weekly resistance WR1. But lets watch how the price reacts when it reaches daily resistance again.
ARBUSDT Long Setup!!ARBUSDT (4h Chart) Technical analysis
ARBUSDT (4h Chart) Currently trading at $1.24
Buy level: Above $1.23
Stop loss: Below $1.145
TP1: $1.33
TP2: $1.4
TP3: $1.5
TP4: $1.6
Max Leverage 3x
Always keep Stop loss
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Arbitrum ARB price like a "dark horse". When to buy to win?Another "many promising" project - Arbitrum ARB
There is a lot of hype around the project and a lot of listings, but at the same time, a lot of ARB giveaways and little trading history.
We usually evaluate all crypto projects without a "wow effect" and not through rose-colored glasses). This approach may not give, 1000000% profits every day, but it also saves the deposit from a possible long-term drawdown.
For example, we were thinking along the same lines when APT was priced at $9.5, and we wrote that we were ready to buy it no earlier than $2-4.
Now the crypto market is on the verge of a possible correction, plus an increased supply of ARB from all possible airdrops can be thrown into the market, which can greatly lower the price.
Now we would like to observe the price behavior of ARBUSDT, especially during a possible critical failure of the crypto market.
We have identified the following levels as our assumptions: $1, $0.90, and $0.72, where we will look at the ARBUSDT chart as closely as possible and decide whether it is time to buy or not.
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ARBUSDT at resistance againThe price got rejected from the 4h resistance area and landed on the 1h support zone. That produced a good bounce and led the price to reach the 4h resistance zone again. It is possible that this time the price will break this resistance and head to the up side. But lets monitor it and if it does so, a long would be favorable after the break of this resistance.