ARBUSDT trade ideas
ARB/USDT bullish horizon what next? 👀🚀ARB Analysis💎 Paradisers, get ready for a promising trading opportunity with #ARBUSDT, as it's showing an increasing likelihood of a bullish continuation from its current demand zone.
💎 Reflecting on #Arbitrum's past performance, we've noted its pattern of creating equal highs followed by a downward trend. At this juncture, we anticipate that it may initially break low, setting the stage for a high probability of a bullish move from the demand level at $1.4362. If the price can maintain its momentum at this level, we aim for a strong push towards the supply zone at $2.4171.
💎 However, as seasoned traders, we're always prepared with a contingency plan. Should the aforementioned scenario not materialize, we anticipate #ARB to make a bullish rebound from a lower demand level at $1.3095. Be aware, though, that falling below this level could lead to a significant bearish movement.
ARB Plan 0.06The Arb's graph is following an Elliott wave pattern. Wave (4) has an a-b-c subwave structure, representing a correction wave. Currently, it is in wave 'a' of Wave (4), indicating a correction truncated zigzag. Wave 'a' is now complete. Wait for it to decrease to Fibonacci levels 0.382, 0.5, and 0.618, and then enter the trade at wave 'a' to target the truncated zigzag effect at Fibonacci 0.81 of the beginning of wave 'a'. However, if it does not decrease to Fibonacci levels, we will not trade.
Undervalued $ARBCould see retest of a market structure breakout from a Monthly and ATH level...
Fixed Range PoC lines up with VaH to create strong support at $1.90 $2 mark
Would fit for a third hit on second parabolic yellow trendline
Lines up with the 0.66/0.0618 Fibs
Hits on Band 1 of anchored VWAP
Good confluence...
Look for a third drive up for 35% return on Swing. SFP/Failed auction set up for short...?
Thoughts?
Arbusdt Bullish setup discovered with potential targetArbusdt is currently displaying a bullish flag and pole formation, indicating a robust breakout. The important support zone presents an opportune area for immediate coin accumulation, showcasing strong potential for upward movement.
On the flip side, there exists an immediate resistance level, also functioning as an internal supply zone. Paying close attention to this level is crucial as the price reaction there will be pivotal in determining the coin's future trajectory. The reaction to this resistance will significantly impact the next market moves.
The setup target is visually illustrated on the chart, offering traders a clear reference for potential price movements.
To manage risk effectively, it's advisable to adhere to the provided stop loss in your trading strategy. Remember, a well-placed stop loss helps safeguard your positions and manage risk exposure.
Your support through likes and comments is greatly appreciated. Your engagement encourages further analysis and insights. Thank you.
Mock Up Price Action for ARB | Near-Mid Term (12HR)Mock Up Price Action for BINANCE:ARBUSDT | Near-Mid Term (12HR)
- Watching and waiting for opportunities to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
ARBUSDT #001 ( Bullish Flag raises ,small correction & continue Hello dear traders.
Good days .
Weekly Bearish Gann Square finished and bullish cycle started .
Bullish Gann square is plotted and first Elliot leg is passed , with small correction to get support from lower Gann Fan will continue upward move .
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments
ARB Plan 0.04The arb’s graph is moving in an Elliott wave pattern. Wave (3) has a 1-2-3-4-5 subwave structure, which is an impulse wave. Now, it is increasing in wave 3 of Wave (3), which is a correction double combination. Wait for wave 3 to complete and then enter the trade at wave 3 to target wave 4. However, one shouldn't trade against the trend. We should wait for wave 4 to complete and then enter the trade at wave 4 to target wave 5 of wave (3).