ARBThe asset is in the buy zone, there is a break in the structure, I expect growth towards imbalance, I indicated the goals on the chart, the growth gap is 50% I’m taking a spot position, like it, I’ll give you more useful ideas!
ARBUSDT trade ideas
ARB going from weak to strong. M bearbreak no follow through. ARB been strong since BTC flush . Held the lows and starting a intraday bounce.
Setup is M bottom fish after M break no follow through .
Expect a few short to be on it , if it hold they will have to cover.
Scaled in earlier today . Adding back a portion here for a 15m Higher low. maybe get
a risk free entry for M play.
Strong support | Long BiasOn Week Chart
ARB is testing support zone
On Day Chart
Easily see buying pressure at this support to hold price above 0.73
Wait a bottom with reversal pattern
Arbitrum Analysis: $10 is possible!ARB has been in a downtrend for almost 4 months, and now it's about to make a CHoCH and start a move upside to make higher highs. I expect the price to hit the support at $0.62 and the ultimate targets are at $5.5 and $10
ARB - 4H Bullish StructureArb looks like it has bottom both on the short term chart and the long term chart (will post that next).
We saw a double bottom form in price between $0.73-$0.74. The second bounce was so strong it created a bullish divergence right off oversold conditions on the 4H timeframe. We saw a similar low in price action followed by a higher low on the RSI.
Our first target would be whenever we test our white trendline (could act as new resistance since it was our old support level). The second target would be the yellow line from a separate trendline.
Once those levels are broken we will see a move to our upper white trendline that would lead us somewhere between $2.50-$3 depending on when we breakout.
ARBITRUM - UPDATE - WHEN WILL THE BEARS GIVE UP
This is a critical point for $arbusdt. First is to re-affirm that we are still bearish that is why we are still holding our SHORT position which we used to hedge our spot position. But also, we need to acknowledge at this point that there is one other scenario but it is irrelevant and insignificant there we will keep at this.
On the 1st DCA, it is possible that this move becomes corrective ABC rather than impulsive which means we might not see a new low and the ones waiting for lower will be sidelined. That is the reason for the 1st DCA while the 2nd is an opportunity to bag more ARBITRUM just at Sell-side Liquidity or call it Bear Trap.
We will be offloading our short position on perpetual below and use the proceeds to DCA on our spot. The invalidation level still remain the same. Hope you learn a thing or two. if you do, comment below, drop your opinion or suggestion too.
PREVIOUS ANALYSIS
OTHER ANALYSIS
BINANCE:ALGOUSDT
BINANCE:ADAUSDT
BINANCE:PIXELUSDT
BINANCE:APEUSDT
BINANCE:NOTUSDT
ARBITRUM SHORT TRADE SETUP - UPDATE
From psychological point of view - price was going high and they was successful convincing literally everyone that it will continue to go up then all of a sudden they nuke on their euphoria, then those who are a little bit brave to take the short of it are being targeted along the ones who are seeing this a bull run continuation so they take in both ways and finally cause frustration for both short term bulls and bears, then when the price drops to the last leg there is no enthusiasm and that's when the real deal starts.
If you missed entry at first now is your second chance. BINANCE:ARBUSDT
PREVIOUS ANALYSIS
OTHER ANALYSIS
BINANCE:PEOPLEUSDT
BINANCE:RSRUSDT
BINANCE:NEARUSDT
BINANCE:GMTUSDT
BINANCE:RONINUSDT
ARBDesigned with you in mind, Arbitrum is the leading Layer 2 technology that empowers you to explore and build in the largest Layer 1 ecosystem, Ethereum
ARBUSDT Elliott wave countArbitrum sitting on 0.618 fib retracement of wave ((i)) or ((a)) and support of previous low from 0.7390.
Wave ((ii)) or ((b)) an expanded flat correction with wave (c) a 5 waves decline from 2.4250 to 0.7333 that broke below previous low 0.7390.
At this level we are watching for evidences for a possible shift to the upside as oscillators are showing bullish divergence and trend to the downside is showing weakness.
Price must clear 0.9984 and 1.2754 in 5 waves for a wave (i) of ((iii)) or ((c))).
We will post updates soon with an intraday count.
Hit the like button if you like my analysis and follow me for future updates and intraday count!
Good luck!
ARBUSD 1WARB ~ 1W
#ARB This Support Block will be our first purchase. with a short term target of at least 20%+. We are still bullish on this token.
We will continue to accumulate these tokens despite the terrible possibility of losing this support block.
ARBITRUM Triple Bullish Signal!Arbitrum has seen a significant drop in value over the last few weeks, just like most other alts.
Since ARB is one of the newer alts on Binance, it has an above average growth path ahead of it.
Today I found 3 different "indicators" signaling a potential long-term bottom is in:
- Daily RSI has hit oversold
- Dotted purple support has held
- Bullish divergence on the daily RSI
A single indicator would be tricky to trade, but since all 3 are showing that this might be a great entry for a reversal I'm willing to take the bet.
Stop below the support, target around the current all-time highs.
ARB-USDT is ready to go UP!ARB cryptocurrency is in an uptrend structure and has now grabbed the liquidity of the structure's low.
Then if it make a confirmation like SCOB or 1H ChoCh then we could expect it go up to its structure's high at 2.406 dollar.
if it close below the 0.725 then this analysis will be faild.
ARB/USDTdivide the volume of the allocated deposit into three parts
Limit buy zone 0.618 - 30 % 0.786 - 30 % 1 - 30 %
-------------------------------------------------
Take profit zone 0 - 30 % -0.18 , -0.27 - 30 % -0.618 - 30 %
Arbitrum (ARB) is a hidden gem or scam?Hello, Skyrexians!
Last couple of weeks something bad is happening on the crypto market. It's dumping hard, especially altcoins. Most of the top crypto traders has been waiting for altseason for quite a long period of time, but the result is the opposite. Major exchanges delisted some tokens, which immediately fall below it's critical levels, crypto trading strategies faces with huge losses, most of automated trading bots also hurt deposits, even grid trading bot got stop loss because of price falling below price range. In such a difficult times it's vital to chose the best assets to invest money. Finding such altcoins is important also for automated cryptocurrency trading because it needs enough liquidity. Today we will try to understand if BINANCE:ARBUSDT such asset or not, providing multi time frame analysis using different indicators.
Arbitrium weekly analysis - what Elliott waves are telling us?
Almost all profitable crypto trading strategies are based on Elliott Waves, at least for confirmation trading decisions. On the 1W chart we can see that the first bullish impulse has been obviously finished at $2.43. In my opinion now most of traders shall think that game is over because current dump has almost hit the wave 1 bottom, but waves 2 can retrace up to 100% of the wave 1, especially for such low cap altcoins. ARB is still not bottomed yet, but this bottom is next to.
if this anticipation is true this asset is about to start the impulsive wave 3, which has minimal target at $2.56, most likely at $3.58 and the optimistic one at $5.23. For sure it's not the final target for entire bull market if it will take place, just for wave 3. Extended wave 5 can easily double all these targets, but now it's too early to talk about it.
arbAccording to the market conditions and the type of transaction that is spot or futures, in my opinion, let it enter the area and blue lines.
ARB/USDT POTENTIAL FALLING WEDGE! MUST BOUNCE FROM HERE!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
ARB showing potential on the daily timeframe! We might see a good bounce from here. Buy some here and add more in the dip.
Taregts:- $1.01/$1.24/$1.58/$1.86/$2.28
SL:- Daily close below $0.84
Let me know your thoughts in the comment section.
Alt coin beatingAlt coins are highly speculative assets, please buy and sell with caution.
I do like Arbitrum, it’s a top Layer 2 project and should benefit from the upcoming Eth etf. However, the chart looks very bearish and it could continue to drop to $0.75. If that level is lost, I’d be exiting my position and wait for it to stop bleeding.
We appear to be in wave C of the abc correction, so I suspect a turnaround could be on the horizon. But let’s not fight the trend, which continues to the downside. An early indication of a change in market structure is we can climb rhe 0.5 Fibonacci Speed fan (green line). I’ll be watching this closely, slowly accumulating spot position when the time is right.
Not financial advice, just a trade idea.
ARB update, Daily Chart Hello
I want to make it simpler for those traders who are not sure about this symbol.
If ARB drops down along side this red boundaries, we can see last bearish fifth wave , but if ARB wants to reverse, so it should break out green channel with strong movements.
Just sit and see for now
Thanks
ARB - Update before CPIThis is an update to our previous post:
In this post I want to focus on the lower timeframe (2H). We are seeing a slight bullish divergence forming (series of lower lows in price followed by a series of higher highs on the RSI).
Therefore it looks like there is still strong buying interest around these levels. What we want to watch for now is continued daily closes above the white line in my previous post solidifying that as new support.
ARB - LongWarning: Do not enter the position without trigger and confirmation and trading setup.
After the sharp correction and based on the harmonic patterns, SMC and SK analysis ARB is ready for incoming strong impending bullish wave.
Don't risk it, please don't forget stop loss, when we reach the first target, save some profit and then change the stop to entry.
#ARB/USDT#ARB
The price is moving within a bullish channel pattern on a 12-hour frame, which is a retracement pattern
We have a bounce from a green support area at 0.9000
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 0.9700
The first target is 1.048
The second goal is 1.136
Third goal 1.24
Arbitrum | ARB What Is Arbitrum and Why Is It a Big Deal ?
The price of Arbitrum is $1.40 today with a 24hour trading volume of 1 billion dollar. This represents a 2.7% price increase in the last 24 hours and a 4% price increase in the past 7 days
Arbitrum is a rollup chain designed to improve the scalability of Ethereum. It achieves this by bundling multiple transactions into a single transaction, thereby reducing the load on the Ethereum network.
a rollup chain is a layer 2 solution that aggregates and processes transactions off-chain, before submitting a single transaction to the Ethereum mainnet. This means that users can enjoy faster and cheaper transactions, while still benefiting from the security and decentralization of the Ethereum network.Arbitrum's native token is called the Arbitrum token, or ARB for short. The token is used to pay for transaction fees on the Arbitrum network and also serves as a means of governance for the protocol. Holders of ARB can participate in decision-making processes, such as proposing and voting on protocol upgrades or changes.
Smart Money Accumulating ARB !
The ARB airdrop, as expected culminated in a sell-the-news narrative, with token holders cashing out in large numbers. However, the token’s fundamentals have not faltered amid an influx of funds from institutions and other large-volume buyers – smart money. Following the announcement of the airdrop on March 16, tokens within the Arbitrum ecosystem exploded including Magic (MAGIC), GMX (GMX) Radiant Network (RDNT), and Gains Network (GNS).
ARB has launched into an ecosystem with strong fundamentals, which are likely to cool off the token’s downside in the coming weeks. Moreover, accumulation among investors, taking advantage of the dump after the airdrop could provide the necessary momentum for ARB to rally again.
next targets are 1.45 and 1.5$
ARB spotAMEX:ARB taking support from 0.92$ and failed to break it. It’s a good chance for a pump if it breaks the trendline.
Keep an eye on it
