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ARBUSDT trade ideas

ARB / XMR / ELON Same Candle But...These 3 coins printed similar long lower wicked candles and as described that is often a clue of bullish continuation. But we can see very different continuations. ARB and XMR have had a quiet pull back but ELON has had a wild dump. This is an example of how crypto really is The Wild West. And why it is important to be careful in the percentages of the coins chosen to build a portfolio. At some point the high volatility of ELON will likely be expressed as a wild ripping rally and perhaps we'll even get a tweet from the great man himself 😅. But obviously we dont want too much of a portfolio to be coins that behave like ELON🤨. Not advice.
by dRends35
ARBITRUM DOUBLE BOTTOMThis article is pure technical analysis. BINANCE:ARBUSDT is showing a double bottom pattern, indicating a potential bullish movement. But first, pay attention to its past price movement that led to a bullish movement of the coin, ARB had a multi-month trendline breakout. Through this trendline below there were multiple instances of resistance (highlighted in red) from the all-time high. As of this writing, the neckline is still showing its firmness as the price attempts to breakout after hitting it momentarily. This firmness is presented on this chart below through back testing procedure wherein we see instances of it being most as resistance line and support at times. For an intraday perspective, we have to wait for a confirmation for either breakout or breakdown plays. If a breakdown happens, I plotted some trendlines for a possible take profit areas by using basic support and resistance with backtesting. $1.0121 and $1.0619 will be my take profit areas to consider. On the other hand, I plotted a diagonal trendline support, when a massive sell confirms potentially could lead to reversal. Also, consider the MACD indicator in a 4-hour timeframe if MACD crosses along with weakening of the buying pressure that could lead to a reversal. BULL or BEAR: Still BULLISH considering market on a consolidation phase from the massive pump that happened days ago. Let's give the market the time to recover :) I'll give time to update the movement for this coin. Overall, scalp if you want to trade this coin and wait for those scenarios that I mentioned for intraday trade. Follow me on this platform for more market pattern ideas like this. I appreciate the support. Always PLAN your trades and happy trading!
Long
by luigi360swirl
ARB/USDT A Bullish Breakout on the Horizon? 👀 🚀 💎 Paradisers, ARBUSDT is on the cusp of a significant move, flirting with a resistance breakout that could pave the way for a bullish trajectory. 💎 Our observations have consistently shown Arbitrum adherence to a descending trendline, which it has now surpassed, indicating a bullish trend. Currently, it's challenging a resistance level at 1.0888, and a successful breach could lead to a surge towards higher resistance zones. The price's position above the EMA55 further bolsters the potential for an upward push. 💎 However, should ARBUSDT face a strong rejection at the 1.0888 mark, we might see it retreat to a support level at 0.8798 for a bullish resurgence. 💎 On the flip side, slipping below this support level could trigger a notable downtrend. Stay vigilant and ready to capitalize on the forthcoming market movements.
Long
by MyCryptoParadise
✴️ Arbitrum "W Pattern" | Easy 111% Potential GrowthThe "W Pattern" is a double-bottom pattern with a bent, it works the same way. Here Arbitrum (ARBUSDT) can be seen recovering strong after hitting a new All-Time Low. Volume slowly rising but the bullish action is ultra-strong. This is very early... Well, not early, early but there is plenty of room left for additional growth. Volume will go huge, big, off the chart soon, and we will have massive growth daily... Really big green candles. 👉 The targets on the chart are easy to hit. 111%+ The main bullish signal is the current price action, market cycle and ARBUSDT growing above EMA100, EMA50 and EMA10. We only look up... Right now is very easy to predict what will happen next! Namaste.
Long
by AlanSantana
2
ARBUSDT Elliott Waves Analysis (Local Setup)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 0.87 and 0.9 after first target reached move ur stop to breakeven Stop: ~0.77 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 2 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
2