ARB Bull Run Setup - ARB is looking good and sitting at a great POI to accumulate before it moves up parabolically
- I look for a larger upside because catching these at their base is always lucrative instead of catching them after they move 50%
- If your investment horizon is 3-6 months then you can easily yield 30-50% by allocating a small size in your Portfolio, especially in altcoins
- If you still wanna wait for confirmation then better wait for a weekly sweep above 0.83$ and then look for swings
- I don't prefer or do leverage at all but still, if you're looking for scalps or short swings better filter the chart on an hourly timeframe and then look for setups
Arbitrum
Arbitrum $5 Potential in Current Bull Market?ARBITRUM (ARB/USDT) Chart Analysis:
➡️ Liquidation Sweep: ARB has recently hit a high liquidation zone, wiping out all longs that were opened near the top. Even those with lower leverage positions have been liquidated, pushing the price into a very deep dip.
➡️ Accumulation Zone: This dip presents a strong accumulation opportunity in the spot market. I'm starting to accumulate ARB between the $0.58-$0.4 range. This area is ideal for long-term investors looking to capitalize on the current market conditions.
➡️ Resistance Levels:
Major Resistance 1: $0.8
Major Resistance 2: $2
Should ARB break through these two key resistance levels, we could potentially see the price rally to $5-$8.
➡️ Investment Strategy: I've initiated my buy orders, and my target is set at $5. After losing the $1.84 support, ARB has dropped by 77%, which marks an 82% decline from its all-time high (ATH).
➡️ Bull Run Expectation: In the current bull run, I am aiming for a potential 10x return on ARB. This could be a prime opportunity to position for significant gains.
ARB/USDT Ready for $10 in current bull market ?Arbitrum ( LSE:ARB ) Technical Analysis: Insights for Traders
Short-Term Bearish Trend Analysis
Arbitrum ( LSE:ARB ) is currently exhibiting a bearish trend in the short-term trading window. Traders should monitor for potential declines or stabilization in the market, signaling a possible reversal or continuation of the downtrend.
Key Accumulation Zones Identified
The optimal accumulation zone for LSE:ARB is identified between $1.00 and $0.90. This price range is deemed strategic for traders looking to buy LSE:ARB at a lower price point, potentially capitalizing on future price recoveries.
Projected Long-Term Price Targets
In the long-term perspective, Arbitrum aims for significant price milestones at $5 and even $10. These targets suggest a bullish outlook and represent critical levels for LSE:ARB to achieve substantial growth.
Critical Support and Resistance Levels
The support level at $1.30 is crucial; a breach below this point could lead the price to fall under $1.00, marking a new bearish phase. Conversely, resistance at $2.15 is the immediate hurdle. Overcoming this barrier is essential for LSE:ARB to initiate a stronger bullish momentum.
Conclusion: Importance of Technical Diligence
This analysis does not constitute financial advice but serves as a technical overview based on current chart patterns and market behavior. Traders are encouraged to conduct their own technical analysis (TA) and research diligently before engaging in trading activities.
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ARB/ Arbitrum Trade Idea - ARB has delivered 1.5x returns post my call-out
- ARB still has the potential to keep growing more
- ARB can first take out the highs grab some liquidity above the wicks and post that retrace back to its origin
- ARB isn't my long-term pick I would prefer swinging my money here and taking it out as soon as possible
- Don't risk more than 10%
Arbitrum $10 Potential in Bull Market if Breakout this Resistanc#Arbitrum Hits New All-Time High
LSE:ARB has just reached a new ATH of $1.84, currently trading at the red box resistance.
If it breaks upward, #ARB could experience super bullish growth.
However, if rejected, there may be more dip buying opportunities around $1.30.
In a bull market, we can envision ARB/USDT price reaching $10.
Our long-term outlook remains bullish.
Support: $1.50/$1.30
Resistance: $1.75
Stay tuned for more updates and insights on Arbitrum's performance!
#Crypto #Bitcoin #Bullmarket
ARB/USDT 30% Potential in Scalp TradeARB/USDT Trade Analysis
Bullish Trend Alert!
ARB is showing promising signs in the bullish trend, setting the stage for potential gains. If the price manages to hold above the $1.10 level, we could be looking at a lucrative opportunity with a potential profit range of 10-30% within the next few days.
Trade Strategy:
For the best entry, consider buying near the support level of $1.10. This level serves as a crucial point for potential upward momentum.
Key Levels:
Support: $1.10
Resistance: $1.50
#Crypto #Arbitrum