ARB/USDT Preparing for a Bullish Reversal From a Key Support? 🚀💎Paradisers, let's explore the latest developments in the #ARBUSDT market, where some intriguing trends are unfolding.
💎Currently, #ARB is challenging the resistance in a descending channel. If it manages to break through, it could indicate a bullish reversal, potentially setting the stage to re-test the key resistance zone mentioned earlier.
💎However, if #Arbitrum fails to clear this resistance and is rejected, it could mean a downward shift, possibly sending the price back to the weekly OB (Order Block) area to regain upward momentum.
💎The weekly OB area is crucial for $ARB. If the price stays within this zone, it could offer a great buying opportunity, with a potential bounce leading to bullish gains. But if #ARB breaks below this level, it might signal a deeper downward trend.
💎Stay sharp and be prepared to adjust your strategy as we keep a close watch on the #ARB market dynamics.
ARB
ARB UPDATE (1D)This is an update to the analysis you see in the "Related Ideas" section
The previous scenario is still valid.
We have a large diametric that we are in wave D of which we also reached the green range of the previous analysis and the price reacted to this support range.
But the point is that the time of the D wave cannot end so soon.
From the specified supply, we expect a downward price rejection.
Between the two vertical lines on the chart (on August 24 to September 25), wave D can end and the price can enter bullish wave E.
Closing a candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Swing the sickle -- ARBAfter BTC failed to break through 71000 for several days, accompanied by sudden geopolitical issues, the crypto market began a violent callback. BTC remains near 65000 after slight rebound. ETH touched 3000. The average correction of Altcoin remains above -20%. There is no doubt that most tokens have fallen into decline.
After the Dencun upgrade, possibly due to sell the news, L2’s token began to decline. ARB we are talking about today is one of them. Arbitrum has the most competitive ecosystem in the crypto field, with real activity and TVL almost second only to ETH. However, as the market bulls are consumed and the unlocking continues, the token’s recent performance has not been good. One day later, ARB will again unlock tokens equivalent to 3.5% of the circulating supply.
Judging from the indicators, after maintaining a bullish trend for nearly three months. The TSB indicator prompted a SELL signal on March 24. We can see that before this, ARB maintained a wide range of fluctuation. After the SELL signal appeared, it was almost difficult for ARB to return to the high point, and began to break through the lower rail of the range downward, confirming that it had entered a downward trend. Judging from the current situation, ARB will continue to maintain its bearish trend.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
ARB: bullish with halving📊Analysis by AhmadArz:
🔍Entry: 0.8205
🛑Stop Loss: 0.6362
🎯Take Profit: 1 -1.15 -1.36 -1.50 -1.72 -1.89 -2.08 -2.21
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
ARB UPDATE (6H)ARB appears to be forming a large diametric that has now entered wave D.
From the green range it is expected to support and start the bullish wave E.
We consider such a pattern and path for ARB.
Closing a daily candle below the invalidation level will violate the analysis
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/USDT#ARB
The price is moving in a downward channel on a 1-day frame and we have a green support area at level 14
Now we have a nice breakout coming up
Our RSI indicator has a trend that is about to break to the upside
Entry price is 16.40
The first goal is 18.57
The second goal is 20.15
Third goal 21.78
SHPINGHello, here i present to you my analysis on SHPING Token.
This token is available on Coinbase and other top exchanges.
First and foremost, this is not financial advise. All financial decisions are
your sole responsibility. This is simply and analysis and opinion.
My analysis is displayed on a 3 day time frame chart.
As you can see Shping has broken an almost 2 year old trend line (in blue).
It can be interpreted as a descending wedge pattern, as price action moves
in a way where it reaches an inflection point and the price action is compressed into
a tight trading range. This technical pattern is usually followed by an explosive
move to the upside.
For the past 4 mnths price action has gone flat between the levels of 0.006 ( in white)
and 0.004 right bellow (in gold). Thus the 0.004 area can be seen as a high interest level since it has been support and resistance for many months.
This has resulted in an inverted Head and Shoulders formation which you can see highlighted
in white.
What we want to see now, and what i expect, is for price to begin making higher highs and higher lows. This would validate that bulls are now in control and that price will appreciate in the future. Once price breaks and holds above 0.006, we can see impulsive moves to the upside.
The RSI in yellow looks to indicate higher highs.
The MACD illustrates the same while also showing higher lows in price.
This hidden bullish momentum.
SHPING could be a winner. 10M market cap currently.
Arbitrum IndecisivenessLots of indecisiveness surrounding ARB. This is one of those moments, as a trader, where you can't rush into a trade. You have to let the market decide and then make a move to go with the flow.
Symmetrical Triangle...Check
HL on PA (so far)... Check
LL RSI... Check!
Poking of 55MA...Check!
The close on the daily TF today will be key in forecasting what the PA will be tomorrow. If we close below the triangle, below the 55MA and re-test from below it in the next several days, I'll be looking to enter short with a TP @ $1.3 . Otherwise a re-test of the top isn't particularly attractive considering the RRR.
Cheers!
ARB: sell in channel📊Analysis by AhmadArz:
🔍Entry: 1.526
🛑Stop Loss: 1.577
🎯Take Profit: 1.477-1.424-1.353-1.280
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
ARB / ARBUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
ARB: sell by trend📊Analysis by AhmadArz:
🔍Entry: 1.713
🛑Stop Loss: 1.749
🎯Take Profit: 1.682-1.640-1.570
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
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.
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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