ALTS Bullish! Lots of wave 3 Bullish Impulsive patterns forming!This is an update to my past 3 Arbitrum posts. Clear impulsive price action, highest volume, indicative of wave 3s/extended waves. Lots of extensions of subwaves going on in the middle of the sandwich ( 3rd wave of blue wave 3 ), Happy Trading. NOT FINANCIAL ADVICE
"Markets can remain irrational l
Update on ARB! Bullish Impulse confirmed!ARB according to my Elliott Wave Theory knowledge, is currently grinding up in a bullish impulse. Wave 4 retraced around 38%-50% .618 invalidation looking lonely, just how I like it 👌. Subwave 3 of 3 maybe complete as we seem to be building a triangle structure, indicative of a wave 4. Not financial
Bearish Impulse Complete! Possible zigzag correction in play.Bearish wave 5 of impulse completed the Bearish Trend, now correcting to the upside in a zig zag structure, leg A & B complete, now for wave C im targeting the 1:1 of wave A. We will see if this remains a 3 wave structure, or if it runs into 5 waves it could be an A/W wave of a larger correction. I
ARBIUSD This wave has more upside to giveArbitrum / ARBIUSD is trading inside a Channel Down since the September 11th 2023 low.
At the moment it is on its 3rd bullish wave within this structure and the 1day RSI shows that the breakout above its MA confirms further upside.
Buy and target 0.69000 (+185% like the previous bullish wave).
easy falling wedge set up for longthis falling wedge pattern is always a great sign. I tend to use it almost exclusively due to how strong they are. seems arb is setting up for a reversal based on rsi and how its comming to the end of the wedge pattern. while better trades may exist this doesnt seem too bad for a 100% gain. not sure
Arbitrum (ARB) Price Setup – Will We See a Breakout to $0.50?ARB/USD 4H Chart Analysis – Bullish Reversal Incoming?
Arbitrum (ARB) is showing signs of a potential bullish reversal, with price approaching key resistance levels. Here’s what traders should watch for:
🔥 Key Insights:
✅ Breakout Potential: ARB is testing a crucial horizontal resistance while stay
ARB - Can this troubled project recover?A bit of a bullish retest back to $1.14 for a 135% gain is flashing a possibility.
This one is questionable given the long history of ARB's issues. However recent innovations and renewed developments may boost consumer confidence driving the price up.
It's worth keeping an eye on it.
Developers h
ARB: Vital Support, High Targets.Although #ARB overall technical outlook is not favorable and a bit forced, a bullish scenario is valid as long as it holds above $0.46 (the stop-loss). Breaking it invalidates this idea.
Passing $0.95 confirms going higher, with the first possible target around ~$1.90 (supply zone).
#Arbitrum
ARB - Post Inauguration Chart Arb is not only forming a symmetrical triangle but also forming a bottoming setup on the daily timeframe. It is an ETH related token, so given ETH does well ARB should do really well.
Watch for a break above our black symmetrical triangle (red & green arrows).
We also see that ARB forming a dail
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.