Breakout Alert: #ARBUSDT Breaks Out of Descending Channel Yello, Paradisers! Could we be standing on the edge of a major market move for #Arbitrum? Let's break it down and see what's happening with #ARBUSDT:
💎#ARB has just broken above the Descending Channel formation after a solid push from the demand zone at $0.497. This is a significant move, as AMEX:ARB has been consolidating within this formation for the past 4-5 months, and now, this breakout opens up the possibility of a bullish rally toward the internal resistance.
💎To confirm this bullish scenario, we will need to see #ARB break above the key internal resistance at $0.637. If it clears this level, the next target will be the major resistance zone, which could potentially ignite a strong upward rally.
💎But here’s the catch: If #Arbitrum loses momentum, we could see a pullback to retest the breakout near the demand zone. If it fails to hold this level, the next likely target is the lower support at $0.428.
💎A breakdown below this lower support would invalidate our bullish outlook, handing complete control over to the bears, and #ARB could continue its decline.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
ARBUSDT trade ideas
#ARB/USDT#ARB
The price is moving in a downtrend on the 4-hour frame and is about to rebound down
We have a trend to stabilize below the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a resistance area at the downtrend of the channel at a price of 0.5040
Entry price 0.5032
First target 0.4888
Second target 0.4685
ARB/USDT 15m 1h OB-MSS-EQH-FVGA good entry was made with a 0.15% drawdown from the hourly order block after MSS confirmation, with a 1:6 risk-reward ratio. The target is to take out the local equal highs in the daily imbalance zone. I'll see what the market forms there. There's a possibility of reaching the midpoint of the imbalance at 0.5520
ARBUSDT - forming the bottomhi traders,
Let's take a look at ARBUSDT on a 3D time frame.
In my opinion, the bottom may be in.
Bullish divergences on 3D time frame are about to play out.
Many traders are bearish at the bottom, but here it is clear to me that it's time to accumulate cheap ARB.
The entry, stop loss, and 2 targets are shown on the chart.
Good luck!
ARB - Trading Plan on the 1W Timeframe🔻Trend Break Point: Price needs to hold above $0.64 for a potential bullish trend break.
🔻Decision Zone: Key levels to watch for full profit-taking or continuation are $0.9 - $1.1.
🔻Fundamentals: After the Sybil airdrop rush, activity has significantly decreased. Monthly token unlocks every 16th could lead to manipulative movements.
🔻Downside Risk: If the lows are broken, it’s difficult to determine the next support level as the chart shows a potential freefall. Prices below this point are highly speculative.
🟢Green zone = buying opportunities. 🔴Red zone = selling or profit-taking zones. Watch for price action and setups in these key areas.
ARB Technical Analysis in a 3-Day TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
ARB recently reached a new all-time low of $0.4287. The current price of $0.5125 is holding at a support line and is likely to break out above the resistance trendline and the 21 EMA.
Once the price breaks above the resistance level, it will need to remain above it until the 3-day candle closes to stay on a bullish track.
The RSI is showing a bullish divergence, indicating a potential bullish move for ARB. All it needs is a breakout and a close above the resistance level.
Key levels:
- Primary Support/Entry: $0.5.
- Lower Support/Accumulation: $0.3718 to $0.4287.
- Resistance: $0.54-$0.61.
- Target: $2.425.
DYOR, NFA.
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#PEACE
ARBUSDT 1D - HAS IT TOUCHED BOTTOM?ARBUSDT 1D - HAS IT TOUCHED BOTTOM?
It marked historical lows on August 05, 2024 at 0.43
ARB Historical Price
24h Range
$0.4888 – $0.5133
7d Range
$0.4835 – $0.5307
All-Time High
$2.39 79.3%
Jan 12, 2024 (8 months)
All-Time Low
$0.4316 14.7%
Aug 05, 2024 (about 1 month)
SL 0.42
TP 0.63
TP1 0.83
TP2 1.33
TP3 2.18
The RISK - REWARD equation in this value is worth it, but it is not a question of rushing. You just have to wait to see how it behaves in this area and establish a bullish structure breakout strategy again.
Risky Long Position on ARBUSDT / Trading SetupBINANCE:ARBUSDT
COINBASE:ARBUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
On the Chart
🔴SL:
On the Chart
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
ARB/USDT 15m / D BB & FVG / ELLIOT / LIQUIDATIONS / FIBOAccording to higher timeframes, the market sentiment is bullish. We are moving within an ascending channel with the potential to rise to 0.7416. To increase the probability of this outcome, the price needs to establish itself above the ascending channel.
Locally, within the range of the daily breaker block (D BB) and the daily imbalance (D FVG), three potential entry points are visible:
1. Liquidity grab (Sellside liquidity)
2. 0.5 Fibo
3. 0.618 Fibo / bottom of the ascending channel
4. The target is the local high, which is at the midline of the channel.
Locally, based on the EFIATR oscillator, volume, and liquidation levels, there is a likelihood of growth. According to Elliott Wave theory, a 5-wave pattern and an ABC correction in the 4th wave are visible, which further increases the probability of upward movement.
ARBUSDT🚨 ARBUSDT Trading Signal Alert 🚨
Hello, traders!
I’ve just updated my chart with precise indicators to guide your trades. Here’s what you need to know:
🔴 Red Lines - Selling Phase: These lines signal the start of a downward trend. Consider taking profits or shorting on these dates:
• August 22, 2024, 02:00 (UTC-7, Los Angeles)
• August 24, 2024, 11:00 (UTC-7, Los Angeles)
• August 28, 2024, 12:00 (UTC-7, Los Angeles)
🟢 Green Lines - Buying Phase: These lines indicate the beginning of an upward trend. Ideal for opening long positions on these dates:
• August 23, 2024, 06:00 (UTC-7, Los Angeles)
• August 25, 2024, 07:00 (UTC-7, Los Angeles)
• August 26, 2024, 05:00 (UTC-7, Los Angeles)
• September 29, 2024, 11:00 (UTC-7, Los Angeles)
Please note: The exact timing of these phases can vary by +/- a few hours, so stay alert around these times for the best results.
These signals are based on a blend of trend analysis, momentum indicators, and predictive modeling. They’re designed to help you identify the best times to enter and exit the market, aiming to maximize your gains.
As always, combine these signals with your own analysis and risk management strategies for the best outcomes.
Happy trading and stay ahead of the market! 📈
ARBUSDTThis is for sure Bullish long term. Although we can spot some bearish movements but will definitely be short lived given the current market volume. Expecting a pump to 0.5919 level and if a breakout occurs, a further move to $0.6743.
Yes Arbitrum can still hit $1 this year if bullish momentum holds.
arbitrum Suppersupport will help you !Hello Dears. Thanks for your supports ♥
do you know what is supper support ?! 📉🤚⛔
when price make a support that pump up it each time visiting we call this area supper support
in this case we have exact price for this pair as : 0.50$
they wouldn't lost this nice price any way
so it is time to get good news from arbitrum ✅🦸♂️🚀📈✅
DO not forget that ✅🛫
" Always there will good news in crypto "
#TradeWithMky @TradeWithMky
Arbitrum - August tradeCurrent price action
Since august 5 arbitrum made an new all time low
Series of higher lows and higher high since that bottom
Consolidating under 0.5 Fib retracement wich currently act as resistance
Momentum indicator
Personal indicator wich gives buy or sell signal based on 2 day timeframe momentum
The average price act as support in the direction of the giving signal
Dynamic stoploss acts as an trailing stoploss wich follow the average price
Buy signal confirmed this morning
Trade
Entry
Market price(0.5820), Average price (0.5651) or wick trough dynamic stoploss (0.5539)
Break above the 0.5 Fib retracement (0.5959)
Risk
Last higher low (0.5451)
Take profit
Monthly level (0.6574) and 20D level (0.7476)
Lingrid | ARBUSDT Rebounds from Historic LOWBINANCE:ARBUSDT has formed a long-tailed bar on the weekly timeframe, which suggests significant buying pressure at the levels below. The market recently bounced off an all-time low, indicating that buyers have stepped in and pushed the price higher. Notably, this price action resembles previous instances where the market rebounded from support level, leading to substantial upward movement, a rise of about 45%. If the market rejects the support level and maintains this buying momentum, we can expect the price to move upwards towards the channel border. Monitoring for confirmation of the support rejection, along with increasing volume, will be key in validating this bullish signal. My target is resistance zone around 0.6766
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻