Current 4H/Daily Arbitrum rising Channelchannel analysis + volume profile analysis
i hope it help you take good positions ;)
ARBUSDT.PS trade ideas
ARBUSDT LOOKS BULLISH buy arb now or you can wait for 1.600
target 1.9004
sl 1.4500
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GOODLUCK.
ARB strong support levelThere is a locally downtrend for the instrument (this is noticeable by the hayes that have been declining over the past day). Trading volumes are also declining, and large sales orders are in the glass. The highs are not updated, but the price is pressed to the minimum. This indicates the strength of the seller and the weakness of the buyer. Against this background, a cascade of lows formed to break into the round chill 1.45 short, as well as a global downward trend holding the price. To enter the transaction, I expect a smooth approach with trading above the levels and, as a result, an impulse breakdown downwards in order to take out liquidity beyond the levels
another possible ARB breakout?btc could bring this down, eyes on both imo. could play out rather well in either direction
ARBITRUM ARBUSDT Price Analysis: What the Numbers SayHello traders, this is @Vestinda!
Briefly, Arbitrum is a layer-2 scaling technology for Ethereum aimed at boosting transaction speed and efficiency on the Ethereum blockchain.
It is built on top of Ethereum and utilizes a technology called Optimistic Rollups to increase the number of transactions per second, reduce gas fees, and improve the overall user experience.
The purpose of Arbitrum is to provide a scalable and efficient solution for Ethereum users, developers, and dapps, enabling them to build and interact with smart contracts on the Ethereum network without worrying about the high fees and slow transaction times associated with the main Ethereum chain.
The team management behind Arbitrum is Offchain Labs, which was founded in 2018 by Ed Felten, Steven Goldfeder, and Harry Kalodner. Ed Felten is a computer science professor at Princeton University, and he also served as the Deputy Chief Technology Officer of the White House during the Obama administration. Steven Goldfeder is a postdoctoral researcher at Princeton University, and Harry Kalodner is a computer science PhD candidate at the University of Maryland.
The key investors behind Arbitrum include Sequoia Capital, Redpoint Ventures, Pantera Capital, and Placeholder Ventures , among others. In May 2021, Offchain Labs raised HKEX:120 million in a Series B funding round led by Lightspeed Venture Partners, with participation from other notable investors such as Ribbit Capital, Alameda Research, and Mark Cuban.
Shortly after listing on big CEX the price of ARBUSDT has skyrocketed to a swing high of 1.82, only to retrace to the 61-50% Fibonacci retracement levels. However, fear not, as the cryptocurrency is now making a rebound. To ensure successful short-term trades, keep a lookout for the nearest support level, which is located at the 50% Fib level of 1.48.
Stay tuned for further updates!
ARB - Keep an eye on this level! Trade setupIf you missed the initial breakout, then here's the new entry-level.
The idea is: Buy when the price breaks above 1.355$ and take profits at the levels shown in the chart.
Targets:
1. 1.37$
2. 1.449$
3. 1.485$
4. 1.566$
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Recent Altcoin trades:
ARB / USDT: 5% profit
APE / USDT: 7% profit (Still going)
DOGE / USDT: 2.3% profit
XRP / USDT: 2.4% profit
DOGE / USDT: 20% profit
XRP / USDT: 9% profit
SHIB / USDT: 3.4% profit
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About our trades:
Our success rate is notably high, with nine out of ten of our posted trade setups achieving at least their first target upon a breakout price breach. Our TradingView page serves as a testament to this claim, and we invite you to verify our results firsthand.
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
ARB - The Bearish Case ScenarioNow that we have posted the bullish case scenario for ARB lets examine the bearish case. After we made a new high around $1.82 and had the first major drop, ARB did create what appears to be a bear flag. Price even came back up and retested the bottom of our bear flag as old support flipped into new resistance. If this scenario plays out we would be looking for a $1.50 price target.
ARB perhaps it's time to start enteringPerhaps it's time to start entering in ARB! And I will buy more below $ 1.3 if go below.
ARB - Bullish Hopieum Hello everyone. Today we wanted to outline the most bullish case scenario we currently see in the charts for ARB. Please note I do not think this is the most likely outcome, but a fun fractal pattern I wanted to point out for the bulls.
If we look at our last breakout we notice 3 distinct sell areas on our trendline of resistance then the breakout. With our mini breakout we have seen 3 distinct sell areas on our trendline of resistance then broke out to a new high. In both patterns we saw a retest of our trendline. Right now we are currently in the phase of trying to hold this trendline of old resistance as new support. If this plays out and we see a similar move to the last breakout we could see a move as high as the $2.50 level! Enjoy bulls :)
ARB - Ready for Another Leg Up?We have seen some major volatility of ARB over the last few days. Last night we did break our double top around $1.75, but are still having some trouble holding above it. Here in this chart we wanted to outline some key things to watch for. The first major trendline would be our orange trendline. This trendline has acted as key support/resistance flips and recently marked our new top. We have also identified a descending triangle. Descending triangles are usually more bearish patterns, but this one broke out! ARB is currently retesting our old resistance of our descending triangle as new support! If ARB can hold here then we could see a rally up and a retest of that orange trendline. If we cannot hold this trendline as new support then a test of the liquidity zone around $1.60 would be likely. If that gets broken then we have much farther to go down before the next rally.
Off we go! Soon 2$??💀🏆We did it guys! We did hold the range, and got s nice big break above the range high, now we need to hold above it, and not fall back down into it, if so we would see 2$ very very soon i think.
Arbitrum ARB price is on a growth wave. Where will be maximum ?Despite the fact that the community of Arbitrum holders is still quite young, and they are just "getting used" to each other, they have managed to make one important joint step.
ARB buyers kept the price above 1$ and started a wave of growth.
How high do you think the ARBUSDT price wave will reach before the correction begins? 2.08$, 2.42$, or maybe even 3.08$?
Write your options and thoughts in the comments below the idea
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ARBUSDT $ARBBuy and enjoy rally
Set your SL and TP
Chart is very strong and We can get good profit
Don't forget your SL
ARB - New Structure FoundAfter recent price action we could conclude price is range bound within a parallel channel. Multiple touch points to the upside and multiple touch points to the downside. Will be an interesting pattern to watch!
ARB - UpdateOur trendline that has been holding as support on the 4H has flipped into new resistance. It is possible to flip it back into support if we can close this 4H candle back above it, but if not then the double top is more powerful. If that's the case a downside move to at least the 0.618 is expected. I have outlined all current fib levels. We can see right now price is being held by the 0.236. If that level is broken then we could see a further breakdown.
ARB 4H Time Frame/ Update3Hi everybody
In daily time frame price is overbought and
I expect price pullback to support marked area.
This is my idea.
Please DYR
ARB trade idea - buy, sell, buy, sell and go to the beachEntry 1.61-.65
Exit: 1.72
Reentry: 1.52
Exit 1.95 - 1.98
Hope it works out. It was following the p [pattern up until now. NFA DYOR
ARBUSD ❕ trading volumes declinedTrading volumes declined on the correction.
ARB tests 200EMA as support (30m TF)
I believe the asset could rebound from the support level.
ARB - Still Maintaing UptrendOn the 4H we see ARB continuing to hold our black trendline with candle body support. As long as ARB does not close a 4H candle below this trendline we could see another visit of $1.70+. The only problem is we have created a double top around the $1.75 level and would need a decisive break above that to have another leg up to around $1.90.
double topLong after double top...This chart has been created for education & entertainment and this is not a trading advice
ARBUSDT H2Hi , Guys
So Hype , Good project and fundamental, and at the end nice volume
SecondChanceCrypto
⏰16/April/23
⛔️(DYOR)
