ARBUSDTARBUSDT is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle.
Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement.
If the bulls sustain to upside the optimum target could be 1.8500 followed by 1.900
What you guys think of this idea?
ARBUSDT trade ideas
ARB has formed an entry for a long positionARB has formed an entry for a long position
🔵Entry Zone 1.7208 - 1.6859
🔴SL 1.5761
🟢TP1 1.8412
🟢TP2 1.9662
🟢TP3 2.0766
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
ARB/USDT IDEA It appears that the ARB/USDT trading pair is exhibiting signs of manipulation by market makers, possibly leading to a deceptive breakdown in price. Based on this observation, I have a positive outlook on the future price movement of ARB in the upcoming weeks, expecting it to rise. It is important to note that this statement does not constitute financial advice, and it is highly recommended that individuals conduct their own research (DYOR) before making any investment decisions.
ARB/USDT | 1W 👀Price-wise, in the long term, it's moving within a descending wedge - a reversal pattern where breaking above the upper boundary indicates a significant rise, at least to the last high.
If considering spot purchases, I would recommend entering gradually in the range between $1.5 and $1.3.
I've set several buy limit orders there now.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Arbitrum. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Arbitrum #Investment #ARB
ARB 23/03/2024 ARB 23/03/2024
ARB bounced from 1.44 level. It couldn't reach 1.41. However, we are below the weekly and monthly open levels. These levels can work as a strong resistance. When we pass these levels then we can aim higher prices.
For the accumulation- it is better to enter the first portion here. If it comes down to the levels on the chart. We'll add more to our positions. Or if we break the important levels.
Risk management educational post.
ARB dumped hard, is it dead?ARB took SSL $1.4642
Buy some ARB at CMP and DCA more at $1.3 level.
●we are in a bull market so we doing DCA on every coin makes sense here because in Bull market dips are the opportunities to accumulate more and more.
●RSI needed a correction so that market pump even more.
Now look at the RSI of every coin on 4h and Daily Timeframe, they are in oversold or near the oversold area which is always a good opportunity to buy in the Bull market
ARB UPDATE (4H)This is an update to the analysis you see in the "Related Ideas" section
ARB's reaction to the support zone was not good and before the recent dump a liquidity pool has accumulated. The symptoms are those that indicate more drops
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
GAME PLAN FOR ARBITRUM: Can We Earn 250% Profit From ARBUSDT?You all know that BINANCE:ARBUSDT will experience massive token unlock in the next 4 days, this is March 16th 2024 precisely.
It is going to be an opportunity to get in ARB coin, I am tipping ARB for a massive run after the sell-off is completed.
We are going to buy with this strategy as marked out on the chart.
Then we will ride this to the top.
Note: I am gonna use more than 5x leverage for this.
Manage your risk effectively.
What do you think about this analysis?
Share your thoughts with me in the comment box.
Don't forget to follow me now for more, and support this idea.
Cheers!
ARB - Liquidity GrabWith ETH's recent pullback, ARB has created a very nice bottoming setup. Here are a few reasons why ARB could be a great entry here.
- Daily Dragonfly Reversal Candle
- Liquidity Grab Close to 200 MA (1D)
- Liquidity Grab Close to 0.618
- Oversold on daily RSI (bouncing from 30)
* Must give credit to one of my analysts for pointing out the daily close to me.