Here' s a buying setup for #ARB #ArbitrumIf markets continue to dump ( I warned you when #BTC was at 72K) , i may buy precious LSE:ARB tokens from this zone. NOT FINANCIAL ADVICE.
ARB
ARBITRUM whether it is worth playing longThe day before yesterday (March 16) there was a very large unlocking of ARB tokens. Exactly, as many as 1.1 billion ARB tokens appeared on the market, whereas before there were 1.45 billion of them in circulation. On this day, due to such high supply pressure, we broke out of the triangle formation (marked in white) and are currently in my first buying zone from $1.70 to $1.58. I believe that locally the worst of the decline in Arbitrum is behind us and we are now in the accumulation zone. I also marked the second buying zone from $1.28 to $1.10, although if Bitcoin does not make a deeper correction, I do not expect such a deep descent to this area.
Additionally, it is worth mentioning that in recent days there has been an update of DENCUN on Ethereum, which, in short, will positively affect layer 2, which is Arbitrum. Therefore, I speculate that capital will soon flow to the layer 2 category and in particular to Arbitrum, because the long-awaited token unlock is already behind us. Assuming further increases here, I would make the first profit taking at the resistance around the current ATH and the next one at $2.80. I believe that the risk-reward ratio is in our favor here, and the low RSI level on the daily market further confirms this.
ARB/USDT planning bullish ride from support| 🚀ARB Analysis💎 Paradisers, get ready for a significant move with #ARBUSDT. It's edging closer to a previous resistance, signaling a potential bullish path ahead. If it can turn this resistance into support with a successful retest, expect a vigorous surge past the $1.5704 mark.
💎 On the other hand, should #Arbitrum's climb stumble and it falls below the $1.5704 mark, we'll turn our attention to the next safety net at $1.3494. This level's deep liquidity pool could serve as a Launchpad for a bullish rebound.
💎 Keep your eyes peeled: falling through this secondary support might indicate a steeper decline as traders lean towards offloading. As always, vigilance and readiness to act on these shifts are key to trading success as we explore the #ARB market's twists and turns..
Arbitrum(ARB) LONG TERMover all bullish
I think if we lose ~ 1.7 support level we can easily fell to ~1.3-2.
I will add more there
ARB - Clear Triangle Breakout - Long Trade#ARB/USDT #Analysis
Description
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+ ARB has unmistakably formed a symmetric triangle pattern and has broken out from it.
+ Currently, the price is retracing back to its support level.
+ I perceive this as a favorable opportunity to enter a long trade with an appropriate stop loss in place.
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VectorAlgo Trade Details
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Entry Price: 2.063
Stop Loss: 1.704
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Target 1: 2.2365
Target 2: 2.5830
Target 3: 3.17
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Timeframe: 4H
Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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VectorAlgo
ARB UPDATE (6H)ARB shows signs on the chart that buy orders are in the green range (Demand) and the buyers' stronghold is in this range.
The L SH (long shadow) range is a suitable range in which to look for a buy/long position.
If the price reaches this range, we will look for buy/long positions
The targets are clear on the chart.
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 - LONG TERM - Arbitrum (ARB) is a layer 2 scaling solution for Ethereum, designed to improve the network's throughput and reduce transaction costs by offloading computations from the main Ethereum blockchain. Developed by Offchain Labs, Arbitrum aims to address the scalability limitations of Ethereum while maintaining compatibility with existing smart contracts and decentralized applications (DApps).
Arbitrum operates as a rollup chain, which means it bundles multiple transactions into a single batch and submits them to the Ethereum mainnet as a single transaction, thereby reducing congestion and gas fees. This approach allows Arbitrum to achieve higher throughput and lower transaction costs compared to executing transactions directly on the Ethereum mainnet.
One of the key features of Arbitrum is its support for Ethereum Virtual Machine (EVM) compatibility, which enables developers to deploy existing Ethereum smart contracts on the Arbitrum network with minimal modifications. This compatibility ensures that DApps built for Ethereum can seamlessly transition to Arbitrum, thereby benefiting from its scalability improvements without requiring significant changes to their codebase.
Arbitrum uses a unique mechanism called optimistic rollups to achieve scalability. In optimistic rollups, transactions are initially processed off-chain in a trustless manner, with the assumption that they will be valid. The validity of transactions is later verified on the Ethereum mainnet through a process known as dispute resolution. By batching transactions off-chain and only submitting proofs of their validity to the Ethereum mainnet, Arbitrum significantly reduces the computational overhead and gas costs associated with transaction processing.
Users and developers can interact with Arbitrum through various tools and interfaces, including wallets, block explorers, and developer APIs. This accessibility enables seamless integration with existing Ethereum infrastructure, making it easier for users to access decentralized applications and for developers to build scalable DApps.
Overall, Arbitrum represents a promising solution to Ethereum's scalability challenges, offering high throughput, low transaction costs, and seamless compatibility with existing Ethereum infrastructure. As the Ethereum ecosystem continues to grow, Arbitrum is poised to play a key role in supporting the adoption of decentralized finance (DeFi), non-fungible tokens (NFTs), and other Ethereum-based applications.
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.)
It's going to be a cool movie for L2 Arbitrum🏧 LSE:ARB #Arbitrum #Crypto #L2 (ARB/USDT)
🟢 Entry price: $2.02
🟢 Take Profit 1: $4.04 (50%)
🟢 Take Profit 2: $9.79 (20%)
🟢 Take Profit 3: $11.89 (10%)
🟢 Take Profit 4: $14.89 (10%)
🟢 Take Profit 5: $17.89 (10%)
Arbitrum, as a leading layer 2 scaling solution for Ethereum, has seen significant developments and attracted notable investors leading into 2024. Here's an overview of the highlights, funding, and potential collaborations expected for Arbitrum in 2024:
Highlights and Developments
• Arbitrum has shown impressive growth in terms of Total Value Locked (TVL) and project development on its platform. The platform has been recognized for its advancements in scaling technology, making Ethereum more inclusive and sustainable.
• Notably, in 2024, there's an anticipation of a potential collaboration among Arbitrum, Cardano, and Mina Protocol. This partnership is expected to bring forth projects that leverage the strengths of each platform, particularly in areas where Ethereum faces challenges. This collaborative effort is expected to focus on enhancing scalability through Zero Knowledge (ZK) cryptography, which is crucial for supporting mass multiplayer online games (MMOs) and other large-scale decentralized applications.
Funding and Investors
Arbitrum has successfully raised significant funding across several rounds, showcasing the confidence investors have in its technology and vision for the future of Ethereum scaling:
• Total Raised : Arbitrum has accumulated $143.7 million across various funding rounds.
• Series B Round : The most significant raise was during its Series B round in August 2021, where it raised $120 million.
• Notable Investors : Arbitrum is backed by several high-profile investors, including Pantera Capital, Polychain Capital, Redpoint, Ribbit Capital, and notable figures like Mark Cuban. These investors support Arbitrum's mission to enhance the Ethereum ecosystem's scalability and efficiency.
2024 Expectations
• The potential collaboration with Cardano and Mina Protocol indicates a strategic move towards interoperability and leveraging unique technological strengths, such as ZK proofs, to overcome current blockchain limitations.
• As Arbitrum continues to develop and onboard more projects, it's expected that its ecosystem will expand, further solidifying its position as a crucial component of Ethereum's layer 2 landscape.
In conclusion, 2024 looks promising for Arbitrum with expected technological collaborations, continued investor support, and ongoing developments aimed at enhancing the scalability and efficiency of Ethereum. These factors combined signal a strong year ahead for Arbitrum, as it continues to contribute to the broader adoption and utility of blockchain technology.
Arbitrum is about to reach new all time highsArbitrum has broken out of a triangle pattern that is formed on the daily candle chart. The target of this breakout is showing $2.7. Despite the fact that Arbitrum is due to release a massive number of tokens, the coin can easily reach higher price targets as both Bitcoin and Ethereum have reached higher prices already. Furthermore, usually one week before when a project is releasing tokens the price gets pumped by 30% on average. After the release the price may experience a small pull back if the early investors star selling. Eventually, since we are in the early stages of a bull market even prices such as $3 or $4 are very possible to be seen very soon as the coin had fallen behind other coins and it has to catch up.
Arbitrum has a bright future. It has been adopted by the community since day one thanks to the project's generous airdrops. Additionally, due to the astonishing speed of the Arbitrum and its interoperability it can get to see even much higher prices in the up coming bull run. For example if the market cap of the Arbitrum goes as high as a project like Polygon the price of the coin can go up til $14 which is not so far fetched and it should be very possible.
ARB/USDT Ascending channel bullish ride?whats next💎 Paradisers, focus on #ARBUSDT as it climbs within an ascending channel, primed for an impactful surge from its demand zone
💎 #ARBITRUM has recently hit a wall at $2.1589, triggering a pullback. From the support of the ascending channel and having gathered downward liquidity, it's now showing robust momentum marked by striking green candles, hinting at a forthcoming leap over channel resistance. Keeping up this pace could ignite a notable bullish rally, breaching critical resistance points.
💎 In the ever-evolving crypto landscape, the ability to pivot and adapt strategies is key. Should #ARB face challenges at this pivotal demand zone, a strategic shift might be in the cards. Anticipate a bullish rebound from the alternative demand level at $1.952, with a descent below this threshold potentially signaling further declines
ARB buy setupNote that this is not a setup for sell/short, but a setup for buy/long
ARB structure is bullish. If it reaches the Demand range, we will look for buy/long positions in this range.
Fixing 1 daily candle below the invalidation level will cause the analysis to be violated.
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 descending triangle on a 4-hour frame, and the channel has been broken upward, and it is expected to continue rising after testing the trend.
We have a higher stability moving average of 100
We have an RSI trend that is about to break higher
Entry price is 1.81
The first goal is 1.91
The second goal is 2.027
Third goal 2.158
🚀 ARB: Breaking Resistance and Aiming for Upside! 📈💹📊 Analysis:
Acceptance Above $1.8: ARB seems to be gaining acceptance above $1.8.
Breakout and Close: Look for a breakout and close above $2.2, turning resistance into support.
Entry Range: Consider entering the trade between $1.8 and $2.2.
Take Profit Levels: Aim for profits around $3 or $4.
Stop Loss: Set a stop loss at $1.6.
🌐 Note: ARB's movement above key levels and the potential support-to-resistance transition make it an interesting opportunity.
ARB after the pullback will go up to the next resistance zone ARB after the pullback will go up to the next resistance zone. The buy zone is around the trendline
🔵Entry Zone 1.8222 - 1.8918
🔴SL 1.6664
🟢TP1 1.9698
🟢TP2 2.1468
🟢TP3 2.2698
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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ARB looks very bullish on high TFArbitrum is one of the major ETH L2s and it looks very bullish on the weekly TF with volume backup up it's recent reversal.
With ETH skyrocketing, I would expect ETH L2s to follow suit at some point.
That's it, that's the idea.
Happy trades,
CD
ARB LOOKS BULLISH IN 4H TIME FRAMEARB/USDT can make bullish breakout in 4 hours timeframe and makes bullish pennant.
must use SL as given here and some targets as shown here in chart.
🔥 ARBITRUM Massive Bull-Flag Breaking Out!ARB has been consolidating inside a bull-flag since the start of 2024. With the altcoin market on fire at the moment, I expect ARB to continue the uptrend and break out in the near future.
Targets placed at the current ATH and 3$. This token could see very decent returns in the near future.
#ARB Pullback to structure and 61.8 FiboIn time h4, after correction in a descending channel, it is now out of the channel, which can be prepared to continue the upward path after the pullback to 618 Fibo, which is currently a resistance level, confirming the failure of the descending structure. Therefore, at the specified level, it is possible to continue the upward trend with confirmation.
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ARB target 44h time frame
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ARB creating a potential triangle structure, which is also a continuation structure of the wave from 0.76~2.42. Furthermore, this is the possible 2nd wave of Elliott impulse wave, that perform as a correction for previous pump. Therefore, if ARB go back to the uptrend line of triangle again, there is an opportunity to open long.
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TP: 4
SL: 1.5
Arbitrum $1.955 ➥ $3.70Arbitrum $1.955 ➥ $3.70
Entry Price: $1.955
Stop Loss: $1.848
First target: $3.70
Second target: $9-$19
Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain that powers fast smart contract transactions while reducing transaction costs. Layer 2 solutions can scale the base Layer 1 blockchain by delegating complex computational tasks, such as transaction processing and data storage to the second chain.
Waiting on breakout for LONG Trade - ARBBINANCE:ARBUSDT (1D CHART) Technical Analysis Update
ARB is currently trading at $1.8838 and showing overall bullish sentiment. Price is playing inside the triangle and tested the support zone multiple times and now its looking to bounce back from the support. This bounce back could break the resistance. We are looking at a LONG trade if the price breaks the resistance line.
Entry level: $ 2.2188 (after candle close above this price)
Stop loss level: $ 1.7284
Target 1: $ 2.395
Target 2: $ 2.624
Target 3: $ 3.024
Target 4: $ 3.6069
Max Leverage: 3x
Don't forget to keep stop loss.
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GreenCrypto
