ARBUSDT trade ideas
ARBUSDT.P trading ideaPossible scenario we can get for ARBUSDT futures.
We have an OB 4H which worked with liquidity, and EQH right in front of it, and it might help to turn the price down after deviation at the top side of range.
At the bottom we have an imbalance (joined 12H) + pools of liquidity.
Expecting to see a "Distribution" range, which will bring the price down.
ARB IS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ARB symbol.
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
Arb still not done dumping, next measured moves in play 1.046I have done my best to try and educate and help those who are willing to listen, I know nothing is guaranteed in trading but sometimes the bigger picture does wonders for a game plan. Never the less, following measured moves still incoming for Arb, 1.0468 then down to a1.01 hopefully no one is holding on to any long positions its about to get ugly... happy trading folks
ARB short - day trade update As expected the deviation played out perfectly
Trade is closed.
Expect a similar scenario as for the DOGE idea (uploaded a few minutes ago).
If you want to (add) shorts keep an eye on the reaction around 1.1130$. Any clean reclaim cancels shorts.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
ARB short - day trade Expecting a deviation of the current range highs at 1.1715$ and downward trend towards 1.1150$ - 1.1130$
Stops would be whatever the high ends up becoming and final TP 1.1130$.
If the current high capping the market holds and starts holding trading above 1.18$ position will be trimmed.
Entry around 1.715$
SL high of the day or monday high
TP 1.1150$ - 1.1130$
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Arb short still open, still awaiting a push to the downsideI guess everyone was excepting a short, anyways my short on Arbitrum is still live, my stop loss is out the zone around 1.833...that's where I draw the line in the sand and I cut my losses, as it stands it still looks relatively bearish in my option I have added 4 more layers of bearish confluence to the chart not including the additional 9 plus that are further down below.....hooooooooolllllddd
ARBThe price is attempting to break the resistance of the descending trendline. A breakout of the trendline could push the price towards the resistance zone of the daily 50 MAs. However, if the price fails to hold above the trendline, it may continue the descending trend. On the hourly timeframe, the RSI indicates overbought conditions.
Potential Rebound Amidst Oversold ConditionsAt its present value of 1.1257, ARB appears to be experiencing a slightly oversold condition, as indicated by the Relative Strength Index (RSI) value of 37. This suggests a potential for a price rebound or a reversal in the prevailing trend.
Analyzing Fibonacci retracement levels within the 4-hour timeframe, we observe key checkpoints for ARB:
The 0 Fibonacci level rests at 1.1314.
Slightly higher, the 0.5 Fibonacci level lies at 1.1807.
At the apex, the 1 Fibonacci level stands at 1.2300.
These levels serve as potential areas of support and resistance, influencing price behavior. Notably, ARB currently finds itself below the 0 Fibonacci level, implying the likelihood of a further decline before encountering substantial support.
Examining the volume oscillator, we note a reading of 5.37%. This figure indicates a moderate level of trading activity surrounding ARB. It suggests that there exists a certain degree of interest and participation from traders. However, it is essential to contextualize this reading by comparing it to historical volume data to ascertain its significance.
Furthermore, the Moving Average Convergence Divergence (MACD), with a value of -0.0121, reveals a negative disposition. This signifies that the short-term moving average remains positioned below the long-term moving average, suggesting a potential bearish trend. However, it is worth noting that the magnitude of the negative value is relatively modest, indicating a relatively weak bearish momentum.
In conclusion, the analysis suggests that ARB is currently slightly oversold, indicating a potential for a price rebound or a reversal in the prevailing trend. It should be noted, however, that the coin's position below the 0 Fibonacci level suggests the possibility of further downward movement before encountering substantial support. The volume oscillator indicates moderate trading activity, suggesting a level of trader interest. The MACD presents a negative trend, albeit with limited bearish momentum.
ARB round two, get ready 1.04 incomingSo any pro trader, knows to chart the Dxy to see what btc is doing, basic right! I charted the Dxy yesterday and saw a massive cup and handle forming, which it just broke out from, the inverse correlation between that and the btc suggest a massive dump coming for BTC ..whic means all my projections are about hit, short em if you got them head and shoulder formed on 15 min time frame, get money and happy trading folks
ARBUSDTAs you can see, the price has started a downward trend, and lower ceilings are hitting
It is currently suffering in a box
Due to the price drop in about 20 days
The price of accommodation is necessary in my opinion
It is more likely that the price will break the last ceiling and move upwards than it will break the floor