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ARBUSDT

Arbitrum ARBUSDT Price Analysis (12h)Upon careful analysis, it is evident that ARBUSDT is displaying the formation of inverted head and shoulders pattern. This pattern consists of three distinct parts: the left shoulder, the head, and the right shoulder. The neckline, which acts as a crucial level of support or resistance, connects the lows of the pattern. Rebound Potential: Based on the formation of the inverted head and shoulders pattern, we can anticipate another rebound in the price of ARBUSDT. The pattern indicates that the price may closely approach the $1.07 support zone before making its way up. This rebound could potentially lead ARBUSDT towards the $1.25-1.50 zone, which aligns with significant resistance levels observed in late April. Supporting Factors: Several factors further support the likelihood of a rebound in ARBUSDT. Firstly, the formation of an inverted head and shoulders pattern is considered a reliable bullish reversal pattern in technical analysis. Secondly, the convergence of the support zone and the historical resistance levels adds strength to the potential upward movement.
by Vestinda
ARB/USDT: Past Prediction Correct, Next Bull Run Target $10 Sure, here is the technical analysis of ARB/USDT in a more professional report format: Current Price: $1.20 Previous Analysis: In a previous analysis, CryptoPatel predicted that ARB/USDT would dump from $1.50 to $0.90. This prediction was correct. Current Resistance Level: $1.25 Expected Price Movement: CryptoPatel expects ARB/USDT to break the $1.25 resistance level and test the $1.43 resistance level. However, they also expect ARB/USDT to be rejected from the $1.43 level and fall back to the $0.7-$0.5 range. This range would be a good accumulation zone for long-term investors. Next Bull Run: CryptoPatel expects ARB/USDT to reach a minimum of $10 in the next bull run. Key Support and Resistance Levels: Support: $1.07/$0.77 Resistance: $1.25/$1.43 Overall Outlook: CryptoPatel believes that ARB/USDT is currently in a downtrend and is expected to continue to fall in the short term. However, they also believe that ARB/USDT is a good long-term investment and could reach a minimum of $10 in the next bull run. Follow us for more Quality analysis Chart.
Long
by CryptoPatel
✴️ 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
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