$ARBK Long + Bitcoin + PivotI have been bullish on Bitcoin for a long time and have posted a ton of charts on here regarding the bilateral trades with Bitcoin miners so this is part of that work.
$ARBK , $BTCM , $MARA are the main longs I am in and building positions right now.. the main reason is these mining companies are currently mining under $5,000 per Bitcoin so even if Bitcoin falls to $9800 which is likely in a capitulation dump (IF)
These 3 miners have strong balance sheets, low cost to capital, and are extremely under valued due to earnings and tradfi not understanding the trade. (exclusion there is Mara... they have not sold any Bitcoin so they have the biggest exposure to a dump)
This long is simple... I believe the fed will pivot before 3.0001% and any higher than that we will see a real crash which will never happen for midterms.
Under the long term moving averages and I am wrong on my timing.. and I will take the L then look for reentry
Trade ideas
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ARB , Argo Blockchain , Lse , Update Hi all I hope you had a great Christmas with your family and here we are back to the charts! =)
I'd like to share my opinion on Argo and give an update to my ideas.
I used here a 4h chart (you can use the weekly and monthly one too) just because I noticed that the share price went down to 70 on the 29th of July and up to 202 on the 22nd of September and with bigger timeframe we cannot see it and this episodes gave me the idea of today.
For more than 6 months the share price has been exchanged between the range (110-150) as per the fixed range volume profile that shows where has been exchanged most. ( as per the yellow triangle)
For this reason I think that the price will definitely come back to the yellow area once find out where is the possible bottom.
It seems that the price is attracted now to the previous support area at 60-75.
I'd wait to open a long position for a swing trade now just because the Cryptomarket and the Stockmarket are both experiencing an uncertain period and I'd wait for confirmations .
If you are IN for long term it's great for some accumulation to average the price down a bit.
( for those that are interested on updates and looking on what Argo is doing , on YouTube Argo Ceo regularly updates videos where He talks about the company and the period in general and answers to questions made by Investors , super interesting check it out)
As per chart to figure out some targets prices I used the Trend-based Fibonacci extension.
Let me know what you think !
Comment are always Welcome.
Cheers.
ARGO blockchain rally off of Bitcoins final leg up?- Argo's 5 year RSI support has been hit three times now and has already begun to reverse suggesting a reversal fairly soon.
- There's a double bottom on it as well which suggests a PT of £2.60.
- Furthermore, declining volume suggests a breakout of this triangle is likely to occur soon.
Wishing you all a great Christmas and a successful start to the new year trading.
See you on the moon
$ARBK Rising Channel and tight PivotI don't normally do trendline pivots but this $ARBK IPO looks interesting.
Its been in a rising channel and:
* OBV pegged at high during recent pullback
* My custom "tightening" indicator (orange background shade), alerting for a possible volatility expansion soon)
ARB argo blockchain LSE , long target In this idea I show you where are the main price targets for a long in Argo .
As previous ideas I've published ( check it out if you did see it before)
It seems we are currently in the accumulation phase of Wyckoff waiting for a push upwards testing the main resistance at 170 .
It's likely possible that the price will touch the others targets I've drawn .
Let's see what will happen in the upcoming weeks .
Let me know in the comments what are you thoughts about it and share with the community your ideas.
( not financial advise just my opinion , make your own research )
Good luck ! =)
ARGO Blockchain , ARB , LSE, WYCKOFF ACCUMULATION BULLISH In my opinion , we are inside the beginning of the phase D of the Wyckoff accumulation,
Waiting for the confirmation whenever there is a breakthrough the main resistances at: £ 1.70 and £ 2.00.
The main Support areas are at: £ 1.25 , £ 1.15 and £ 1.10.
Remember to make always your own research and plan your risk management! =)
Please leave a comment or a like to support me.
Good luck all !
Peace.
ARBKF - Let's See What Happens!If you've been holding since March, like someone I know, you've been pretty upset with ARBKF. It has massively underperformed compared to other miners. The IPO didn't help the price much either.
We finally broke our descending channel(green), and then found support at $1.47(red). We will retest $2.30/$2.40 so long as bitcoin keeps trucking along. We may have found an upwards support line (blue), that'll be tested with time. We are also finally above our 20 and 50 day moving average. Hopefully our 20 day crosses our 50 day soon, that's pretty bullish!
I have no major thoughts on this, I just wanted ARBKF to have some love in the Trading View Ideas section.
$ARBK and $ARBKF trade setup( levels are taken from $ARBKF chart)
Hi Fellow traders, here i share my trade setup on Argo Blockchain.
So argo recently had an IPO on the NASDAQ. their shares were sold as $ARBK.
As ARBK represents 10 $ARBKF shares, we can easily do the math and use the ARBKF chart as our ARBK chart.
Here i will share the TA i did on ARBKF and i will add the ARBK chart with those levels to make things easier.
So, as shows on the chart, we broke out of a descending wedge with a bullish breakout. This is why im assuming our broadening wedge will be Bullish. But as we always have to keep in mind it can turn bearish, we also add those levels and targets.
So, after the bullish breakout we now are in a "Ascending Broadening Wedge" if we breakout bearish now, our 70% target of C-D price would be 0.9.
if we indeed still have to complete our ABCDE elliot wave pattern, im taking the 0.382 Fib level as target.
After that we have 3 options, (1) straight throught the roof (unlikely) (2) Backtest of last Resistance as Support before breakout (3) Back to Bottom of the pattern + Bearish breakout.
Bullish breakout takes us to 40 / 4 ish levels and a Bearish breakout AFTER a wave E to 4.9 / 0.49 level as a 70% from elliot wave D-E.
All levels ive shown are Backtested Proven resistance/support levels, and are backed up by fibonacci levels and pattern target levels.
My trade setup:
ive been buying in the 15 - 16$ are so we take our entry as 16$ ( 1.5 -1.6 in ARBKF )
Entry : 16 / 1.6
Target 1: 19.7 / 1.97
Target 2: 23.8 / 2.38
Target 3: 28.5 / 2.85
Target 4: 39.5 / 3.95
Target 5: 41.5 / 4.15
Stoploss / Short Entry : 14.40 / 1.44
Not financial advice, Trade safe Wanderers
$ARBKF and $ARBK trade setupHi Fellow traders, here i share my trade setup on Argo Blockchain.
So argo recently had an IPO on the NASDAQ. their shares were sold as $ARBK.
As ARBK represents 10 $ARBKF shares, we can easily do the math and use the ARBKF chart as our ARBK chart.
Here i will share the TA i did on ARBKF and i will add the ARBK chart with those levels to make things easier.
So, as shows on the chart, we broke out of a descending wedge with a bullish breakout. This is why im assuming our broadening wedge will be Bullish. But as we always have to keep in mind it can turn bearish, we also add those levels and targets.
So, after the bullish breakout we now are in a "Ascending Broadening Wedge" if we breakout bearish now, our 70% target of C-D price would be 0.9.
if we indeed still have to complete our ABCDE elliot wave pattern, im taking the 0.382 Fib level as target.
After that we have 3 options, (1) straight throught the roof (unlikely) (2) Backtest of last Resistance as Support before breakout (3) Back to Bottom of the pattern + Bearish breakout.
Bullish breakout takes us to 40 / 4 ish levels and a Bearish breakout AFTER a wave E to 4.9 / 0.49 level as a 70% from elliot wave D-E.
All levels ive shown are Backtested Proven resistance/support levels, and are backed up by fibonacci levels and pattern target levels.
My trade setup:
ive been buying in the 15 - 16$ are so we take our entry as 16$ ( 1.5 -1.6 in ARBKF )
Entry : 16 / 1.6
Target 1: 19.7 / 1.97
Target 2: 23.8 / 2.38
Target 3: 28.5 / 2.85
Target 4: 39.5 / 3.95
Target 5: 41.5 / 4.15
Stoploss / Short Entry : 14.40 / 1.44
Not financial advice, Trade safe Wanderers
$ARBK is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $15,76;
stop-loss — $14,26;
take-profit — $20,26/MOC price.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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$ARB $BTCUSD Comparison Lowering expectations for ARB. Seems that this level for ARB is correct when $46k BTC. Historically ARB has traded here when BTC was at $46k, with one time being much higher. Would suggest that BTC reaching previous ATH would put ARB at around £2, not reaching historical highs. Of course other factors could trigger a better return on ARB from here.






















