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ARB 3x Long / Tether

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ARBUSDT.3L trade ideas

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
ARB/USDT - inside the bearish channelHey traders 👋 New week is near so let's get ready for it by starting out with ARB coin here! We see clearly that nice bearish channel where it is forming "lower highs" here. We are looking for that channel to work our for the next few days where afterwards we would like to see a nice breakout or breakdown! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
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