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P_S_trade
Jan 2, 2024 4:24 PM

Arbitrum price maybe in the process of forming "Cup with handle" 

ARB / TetherUSBinance

Description

A lot of ARB tokens were given away for free, there are a lot of holders large and small.
Sooner or later, "the big wallets" will organize a coin pumping, but right now, we wouldn't risk buying ARB in our crypto portfolio.

The trading range of $1-1.30 is another matter: there was a certain "struggle" between buyers and sellers, a certain redistribution of capital took place there, and we would try to buy ARBUSDT for 1-3% of the investment deposit.

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Comments
basictradingtv
Awesome work PS - Psychological $1.00 level could be a potential long entry. Target: The sun (not the moon ;))🌞🌞
P_S_trade
@basictradingtv, yes you are right, thank you
dapcorpllc
How far that sun you expect to go ?
P_S_trade
@dapcorpllc, to $2,7
Popeye70465
we go up 100 % now after breaking out of w bottom (macro) then down approx 50% to form support on the w bottom the the bull run gears up after confirmation of support
P_S_trade
@Popeye70465, What price you consider an acceptable growth target?
FX_Professor
Happy New Year man! Nice chart by the way, i love it
P_S_trade
@FX_Professor, Happy New Year to you too!)
Thank you, nice to read this
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