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ARBUSDT.PS trade ideas

Arbitrum price maybe in the process of forming "Cup with handle"A lot of ARB tokens were given away for free, there are a lot of holders large and small. Sooner or later, "the big wallets" will organize a coin pumping, but right now, we wouldn't risk buying ARB in our crypto portfolio. The trading range of $1-1.30 is another matter: there was a certain "struggle" between buyers and sellers, a certain redistribution of capital took place there, and we would try to buy ARBUSDT for 1-3% of the investment deposit. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
8
✴️ Arbitrum Potential Bottom | Elliot Wave, RSI, Volume & More We have a perfect ABC correction, 5-3-5, and it ends with the RSI being oversold but it is hard to tell what is really going on here because the chart is really young. When there isn't enough data any analysis can have little value. Buy volume is highest since July, today. This can be traded with a very tight stop-loss. If prices move and close below 0.7600 RUN! Any trading above this level and a bullish wave can easily develop. While this pair is really weak, other Altcoins are already moving forward and showing signs of recovery. What I mean is that there is a chance for a change of trend but remember, if support breaks it is wise to stay out until a new support level is established but this can vary based on your trading strategy. Another strategy for spot and long-term traders is to buy up each time a support level is hit and wait long-term. This is not financial advice. Remember to do your own planning and research, there is risk involved when trading; the charts and market conditions can always change. Good luck. Namaste.
Long
by AlanSantana
2
$ARB #Arbitrum preparing for the skies...As i said in my previous ideas, #ARB is heavily undervalued and I say this again. AMEX:ARB must reclaim new highs and ATH. This L2 season will be insane. Op has started the race, now it' s the time for ARB and MATIC / Polygon. In short time frame, the cup has formed and now the price is forming the handle. If declination does not come from the last week' s top, $Arbitrum price will likely visit the previous All Time High. NOT FINANCIAL ADVICE.
Long
by naphyse
ARB/USDT Break out the pattern, Ready for continue upward move??💎 ARB has recently become a focal point in the market, having achieved a breakout from a bullish pattern. It's now facing the critical phase of challenging the resistance trendline. For ARB to maintain its upward momentum, a strong bounce from this level is essential, with our next target being a significant resistance area. 💎 However, if ARB fails to demonstrate a rebound from this level, it might indicate a false breakout, potentially leading to a reversal in its trajectory. Under such circumstances, ARB could see a downward movement, heading back towards the Bullish OB area. 💎 The Bullish OB area is a pivotal zone for ARB. A robust bounce in this area is crucial as failing to hold this level could confirm a bearish turn in ARB's movement. If this breakdown occurs, it's likely that ARB might revisit the key support area, marking a significant shift in its market trend.
by MyCryptoParadise
#ARB #VIP #VIPRoom #Eddy#ARB #VIP #VIPRoom #Eddy The analysis is requested Don't forget to get confirmation and login trigger in the lower time frame In my opinion, Arbitrum target will hit 10 dollars very easily 😎 If we compare it with currencies like UNI in daily time frames, check it up or separately, you will see what behaviors you see in the past chart, and bring it up from UNI in the time frame. Now implement the chart for ARB currency, you will reach the targets of 600 to 1000 percent 👨🏻‍💻 Of course, I also have some analytical views of different styles and fundamentals and market making on the targets I give. » Don't forget to get approval » Don't forget risk and capital management ⚠️ Attention! ((Look at the position and movements of Bitcoin, as well as the general state of the market and indicators, please confirm))
Long
by Eddy_Trade_
2
ARBITUM UPDATE - REDEFINED CHARTARB UPDATE This is the correction / update to the previous analysis that invalidated based on my error, shouldn't miss twice and I believe this will make it up. Like I said, I expect BINANCE:ARBUSDT to make a new swing high before the mid term downtrend began (see previous analysis below for context). Now I expect price to retrace down from this 45 minutes timeframe to create a new swing low (highlighted box) but must not touch the invalidation level before the swing high will be created. Nothing complicated just follow the path wave line (grey line) if you don't understand the technical. I will like update and upload a setup later. SOME PREVIOUS ANALYSIS
Short
by DewyCandles
Brief Analysis——ARBIn yesterday's analysis, we talked about the development advantages of Layer 2 and Optimism. Today we look at the current situation of Arbitrum, another Layer 2 leader, and ARB token. When it comes to ARB, you can always think of the airdrop when Arbitrum logged into the mainnet in March this year. Many airdrop hunters have accumulated huge wealth through ARB. However, a large number of airdrops also suppressed the rise of ARB. Unlike Optimism, Arbitrum did not have whitelist restrictions on projects in the early period, making many native projects such as GMX and Radiant highly innovative and closer to C-end users. This can also be proven by the activity STIP launched by Arbitrum not long ago. Before the launch of Op Stack, we believed that OP and ARB were highly comparable. But precisely because of the huge amount of airdrops, ARB encountered strong resistance. A good airdrop hunter is not necessarily a good investor. But after the launch of OP Stack, Arbitrum really fell behind Optimism. But it still has advantages compared to other blockchains. Its TVL currently ranks fourth among all block-chains, and its 24h volume ranks third. Stay ahead of the curve when it comes to user experience. Back to technical analysis. Both Layer 2 and ETH experienced gains last weekend. However, ARB did not break above April's high. And after the long green candle, there is a long period of fluctuation. This is a classic follower characteristic. We use three green ranges to distinguish different phase of ARB's rise. Whales were primarily involved in the second phase of the rise. The rise in the first and second phase is not obvious, but more like a wide range of fluctuations. Later, driven by the market, ARB began to rise in the third period, forming a major increase. During the rise, there were no whales. But during the subsequent fluctuations, we can see a significant increase in whales, which may be a sign of whales taking profits. Then ARB had a long upper pin-bar yesterday, and the bullish trend may be ended. Switching to the 4h level, we can see that in the last wave of rise, there were not many blue bars representing whales. What followed was one-day-decline. Price are now near previous highs and a rebound is possible, but the uptrend may be coming to an end. In summary, we believe that ARB has innovation and excellent customer experience, and is a token worth paying attention to. However, due to the large number of airdrops in the past, there may be a lot of trouble before breaking ATH. In the short term, destructive candles have appeared, followed by a period of correction or shock. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by Sypool