ARB UPDATE (6H)ARB appears to be forming a large diametric that has now entered wave D.
From the green range it is expected to support and start the bullish wave E.
We consider such a pattern and path for ARB.
Closing a daily candle below the invalidation level will violate the analysis
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
ARBUSDT trade ideas
#ARB/USDT#ARB
The price is moving in a downward channel on a 1-day frame and we have a green support area at level 14
Now we have a nice breakout coming up
Our RSI indicator has a trend that is about to break to the upside
Entry price is 16.40
The first goal is 18.57
The second goal is 20.15
Third goal 21.78
ARB - Potential BullflagAlthough, there is cause for concern based on TOTAL, some altcoins look like they have bottoming setups.
Here are some bullish signals forming in the chart. If we do end up breaking down we can fall between $1-1.10 where the VRVP sits. But for the time being the bullish pattern remain in tact:
- ARB looks to be forming a bullflag.
- Lower low support trendline (bottom yellow line).
- Liquidity test of 0.618.
- 1D 200 MA acting as support (purple MA).
- 1D RSI double bottom at oversold (green circles).
Arbitrum IndecisivenessLots of indecisiveness surrounding ARB. This is one of those moments, as a trader, where you can't rush into a trade. You have to let the market decide and then make a move to go with the flow.
Symmetrical Triangle...Check
HL on PA (so far)... Check
LL RSI... Check!
Poking of 55MA...Check!
The close on the daily TF today will be key in forecasting what the PA will be tomorrow. If we close below the triangle, below the 55MA and re-test from below it in the next several days, I'll be looking to enter short with a TP @ $1.3 . Otherwise a re-test of the top isn't particularly attractive considering the RRR.
Cheers!
ARB: sell in channel📊Analysis by AhmadArz:
🔍Entry: 1.526
🛑Stop Loss: 1.577
🎯Take Profit: 1.477-1.424-1.353-1.280
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arb LOOKS READYarb went down so hard also the first one to get fukd
firstly token unlock
scnd btc down trend
but it held yestrday giving a ray of hope
and look at the daily candle it printed
same shit happened during 23 jan
it was in down trend going down as hard as it can
btc looked way oversold
i thought 59 was the bottom
maybe there will be a flash crash to fill 59k orders or not
but so far arb$ looks good
macd giving a reversal sign
just one more daily green candle closing above 1.74 and i will long this bastrd
ARB / ARBUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
ARBUSDT Long Investment Trend Trade 3RTrend Trade 3R
+ long impulse
+ support level
+ volumed expanding T2 level
+ 1/2 correction?!
+ biggest volume Sp
+ weak test
+ below first bullish bar closed level entry
Monthly Context
+ long impulse
+ JOC level
+ support level
+/- 1/2 correction?
Calculated affordable stop loss
1 to 2 R/R take profit