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.P trade ideas
ARB NEW UPDATEHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ARB symbol.
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
ARB/USDT Technical Analysis And will it hit $10 in BullRun?#Arbitrum Chart Analysis:
Current price: $1.21
Range trading since launch
Price range: $1.10-$1.43 over the past 72 days
Experienced a bull trap at $1.70, but returned to the same parallel channel shortly after
Waiting for a breakout for a significant move
Upside Breakout: If #ARB breaks $1.44 and sustains above this channel, a substantial upward rally is possible.
Downside Breakout: If #ARB breaks below $1.10, a potential downside target of $0.5 can be anticipated. This could present a favorable accumulation opportunity.
Exercise patience and wait for the breakout; avoid trading based on speculation.
Bullish on ARB in the long run; potential for $10+ during the next bull run.
Note: This analysis represents my personal view and is not financial advice. Conduct your own research before investing in any coins.
Thank you.
ARBUSDT wants to retest the supply zone. it appears that ARBUSDT is showing signs of wanting to retest the supply zone. According to Plancton's rules, a potential new long position may be considered based on this retest.
A supply zone is an area on the price chart where selling pressure is expected to be significant, potentially leading to a pause or reversal in price movement. In the context of ARBUSDT, the supply zone indicates a region where there is a cluster of sell orders or a concentration of sellers.
If ARBUSDT is exhibiting signs of retesting the supply zone, it suggests that the price is approaching this area again, potentially after a prior rejection or consolidation. Traders following Plancton's rules would closely monitor this retest, as it could provide an opportunity for a new long position.
According to Plancton's rules, a new long position would be considered if the price manages to break out convincingly from the supply zone. This breakout would indicate a potential shift in market sentiment, with buyers overcoming the selling pressure in the zone.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
EAZE STRATEGY UP 20% ON ARBITRIUM My Eaze Strategies is a Strategy thats stress free base on it has just 1 or 2 entry per week and i have used it on Arbitrium(ARB) since they launched and we are Up 20%. In 9 and Half weeks since ARB launched i have heard 4 trades, three wins , 1 lost and 2 did not hit my entry and some did not play my Strategy criterial. if you want me to share this strategy like and follow.
ARB Short Call | Target $0.94ARB has recently broken the lower trendline, indicating a potential shift in its price trajectory. Additionally, it is exhibiting a symmetrical pattern, suggesting a potential continuation of the current trend.
Given the current market price, traders and investors may consider entering positions around the current market price. Traders and investors may consider booking profit at a target range of approximately $0.94 to $0.95.
Summary:
Entry: CMP
Target: $0.95
SL: $1.20
However, it's essential to conduct thorough analysis and consider other relevant factors before making any investment decisions. Market conditions, news, and overall market sentiment should also be taken into account to ensure a well-informed and prudent approach to trading or investing in ARB.
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: $1.6
Max Leverage 3x
Always keep Stop loss
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ARBUSDT.P trading ideaPossible scenario we can get for ARBUSDT futures.
We have an OB 4H which worked with liquidity, and EQH right in front of it, and it might help to turn the price down after deviation at the top side of range.
At the bottom we have an imbalance (joined 12H) + pools of liquidity.
Expecting to see a "Distribution" range, which will bring the price down.
ARB IS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ARB symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Arb still not done dumping, next measured moves in play 1.046I have done my best to try and educate and help those who are willing to listen, I know nothing is guaranteed in trading but sometimes the bigger picture does wonders for a game plan. Never the less, following measured moves still incoming for Arb, 1.0468 then down to a1.01 hopefully no one is holding on to any long positions its about to get ugly... happy trading folks
ARB short - day trade update As expected the deviation played out perfectly
Trade is closed.
Expect a similar scenario as for the DOGE idea (uploaded a few minutes ago).
If you want to (add) shorts keep an eye on the reaction around 1.1130$. Any clean reclaim cancels shorts.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.