Get started

ARB

✴️ Arbitrum | There Is A Problem...This is a new Altcoin project so the chart is new as well. All I do is read charts and share with you my understanding of what I see. When the chart is too young, not enough data, any analysis becomes weak. With that said, we can still proceed. The analysis is based on the short-term due to the lack of long-term information. Things can change fast when considering the short-term. Arbitrum hit a low in 15-June forming a cup pattern (yellow). This is our low support. There is another low 8-May which is marked here with a blue space/line. The fact that ARBUSDT is trading above these levels, gives it bullish potential. We can also see it trading above EMA10 and EMA21 while the RSI is above 50, this is all positive and opens the door for additional growth. Then, while above $1.00 (8-May low), EMA10 and bullish RSI, we can expect additional growth. If this changes the bullish bias is lost. Now that we looked at the signals and defined the risk, we can look at the targets and these are mapped on the chart. $1.46 and $2.38. These are easy for this pair. Remember to do your own research and planning. Thank you for reading. Namaste.
Long
by AlanSantana
5
Arbitrum ARB price near the critical point, where to next?The price of ARBUSDT has reached a critical point: the crossing of the local trend line and the beginning of a strong liquidity zone. In the price range of $1.12-1.27, longs have been taken twice in recent months with the hope of a strong "hype" growth in the price of Arbitrum, but it did not work out. So we assume that it will not be possible to break above $1.27 at the first time, as many ARB holders will sell their investments at "break-even", as human psychology is so organized. On the other hand, a lot of ARBs were distributed to cryptocurrency community members "for free," so why sell them, let them stay in the investment portfolio, maybe they will grow someday) After the ARBUSD price stabilizes above $1.27, you can try to take a long +20% to $1.55 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
14
🔥 Arbitrum: Falling Wedge Waiting For Break OutARB has been trading bearish for the better part of three months now. During this period, a falling wedge pattern has emerged on the chart; lower-lows and lower-highs. In my view, it's likely that ARB will continue to trade within this pattern for the foreseeable future. Keep in mind that we've got a FOMC interest meeting tonight which could cause some strong volatility. Personally, I'd expect ARB to go lower in the near future and consolidate within the outer point of the pattern. Classically, falling wedges are bullish reversal patterns, so a bullish break out could lead to some decent gains, will make a new analysis once were there. For now, keep an eye on this pattern in anticipation of a break out in the coming weeks.
by FieryTrading
6
GRT The Graph migration to ArbitrumIn my opinion, despite the majority support for The Graph Improvement Proposal and the planned migration to Arbitrum, there are potential concerns for the GRT crypto token. The shift to Arbitrum, as an off-chain solution, may introduce uncertainties and risks that could impact the token's value. Furthermore, the support level of $0.052 could be a significant point to monitor, as breaching that level may trigger additional selling pressure and potential downward momentum for GRT. Looking forward to read your opinion about it!
Short
by TopgOptions
ARBUSDT may head for weekly resistance at 1.34-1.36Here are the supports and resistances marked on the chart for this pair. The price is trading between weekly support WS1 and weekly resistance WR1. And recently the price was pushed down by daily resistance DR1 and found support from 4h support 4HS1 and both of these resistance and support are between WS1 and WR1. From the direction point of view, it seems the price wants to retest the daily resistance again. And it is likely to break that this time in order to move further to weekly resistance WR1. But lets watch how the price reacts when it reaches daily resistance again.
Long
by angela_altair
ARB/USDT Technical Analysis And will it hit $10 in BullRun?#Arbitrum Chart Analysis: Current price: $1.21 Range trading since launch Price range: $1.10-$1.43 over the past 72 days Experienced a bull trap at $1.70, but returned to the same parallel channel shortly after Waiting for a breakout for a significant move Upside Breakout: If #ARB breaks $1.44 and sustains above this channel, a substantial upward rally is possible. Downside Breakout: If #ARB breaks below $1.10, a potential downside target of $0.5 can be anticipated. This could present a favorable accumulation opportunity. Exercise patience and wait for the breakout; avoid trading based on speculation. Bullish on ARB in the long run; potential for $10+ during the next bull run. Note: This analysis represents my personal view and is not financial advice. Conduct your own research before investing in any coins. Thank you.
Long
by CryptoPatel
5
ARB Short Call | Target $0.94ARB has recently broken the lower trendline, indicating a potential shift in its price trajectory. Additionally, it is exhibiting a symmetrical pattern, suggesting a potential continuation of the current trend. Given the current market price, traders and investors may consider entering positions around the current market price. Traders and investors may consider booking profit at a target range of approximately $0.94 to $0.95. Summary: Entry: CMP Target: $0.95 SL: $1.20 However, it's essential to conduct thorough analysis and consider other relevant factors before making any investment decisions. Market conditions, news, and overall market sentiment should also be taken into account to ensure a well-informed and prudent approach to trading or investing in ARB.
Short
by blocksat