ARBUSDT.P trade ideas
ARBUSDTARBUSDT is in strong bearish trend and also form bearish flag pattern. Recently the instrument has break through important support zone.
Now the price is trading within the bearish flag and seems like it getting ready to break it.
Will the sellers took benefits from these bearish confluences?
Long trade #12 for Arbitrum ARB price On March 31 this year, we published an idea with our thoughts on Arbitrum
For those who are too lazy to read, we wrote that at $0.72, we would take a closer look at the coin and see if it is worth buying. The minimum was $0.74.
Assuming that altcoins are finally "feeling their bottom," we can try the following long trade for ARBUSDT:
Enter = 0.7632
Stop = 0.7390 (- 3.17%)
TP = 0.9140 (+ 19.76%)
P/L ratio = 6.2
We allocate $10,000 for this trade
In the event of a mistake, we will lose $317
If the trade will be a success, we will receive a profit of $1976
What do you think about this trade, and what is your vision? Write about it in the comments!
ArbusdtWow extending to the 1.618?
And lower wedge line?
Pretty sure this is still the most hotly tipped l2 solution...
If so then thesis would be bottom out vs usdt at somepoint soon???!!!
Before reversal cycle
If those two last memelines fail then its a long way down and would suggest some major negative economic activity
Arbitrum $arb currently in a Masive Falling WedgeAMEX:ARB currently printing a Massive Falling Wedge along with a possible double bottoming pattern..
Arbitrum price action found its previous bottom around 0.90 in June 2023
Current price: 0.96
Will Arbitrum be able to maintain Support at its previous Bottom?
If #ARB is unable to hold support around previous bottom, Next Support is 0.5
If Support at 0.9 is held, Up resistances: 1.07, 1.15, 1.28, 1.43, 1.56, 1.69, 1.81 are possible
ARB Sell Trade Here is My Study on ARB.
Consider All Take Profit Zone are Important.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Financial Advise
arb/usdt importantBINANCE:ARBUSDT
one of the members asked me to analyze ARB/USDT
and i did it with a pleasura :
as we see ARB the highest price it reached was 18apr at level price 1.8usdt
after 18 apr the price started to correct down and now we are in a bearish channel,
we standing at this moment at the middle of the bearish channel and a good point of support level 0 on fib.
as we learnd theres 1 scenario that will happen out of 2
Scenario 1: the price will be rejected frome the middle of the channel it will test the top of the channel and price will. go higher.
`scenario 2: if the price does not clode with a clear daily candel above the middle of the channel the the price will drop to .5 till .58usd
this was my Idea for ARB .
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ARB Sel TradeHere is My Study On ARB
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise