Richtv_official

πŸš€ ARB: Breaking Resistance and Aiming for Upside! πŸ“ˆπŸ’Ή

Long
COINBASE:ARBUSD   Arbitrum
πŸ“Š 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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.