ARB UST Buy Spot Position

22 בנוב׳

Now that Arbitrum is gaining momentum its the perfect SPOT position.
Arbitrum broke out the bearish trend , RSI is gaining momentum, and we are eyeing possibly 1.20, 1.80 and then to ATH, possibly to $3 in the near future.

If SUI made it then ARB will be next!

Arb's Market CAP is around 3.9Billion and rising.

Short term the price might visit $1.20
(There might be some resistance there, circled)
If we manage to break that resistance then sky is the limit.
Mid term $1.82
Long term $2.27 and $3+

We will take profits all the way up and we will add some on pullbacks.
Theres always a risk in trading crypto, so take my advice with a pich of salt.

22 בנוב׳

עסקה פעילה

3 בדצמ׳

הערה

We are almost there to our short term target, then we need to monitor price action
1.20$ seems to be a resistance, if we break that resistance and flip into support then we consider the next mid term target, if we close below it then we might visit 0.86 or 0.76 for a retest (nice area to accumulate more into our position)

Remember, this is spot position, its very low risk to reward ration, so all we need to do is to have patience and monitor price action.

Good luck

6 בדצמ׳

הערה

Short term target taken, what a ride, take out some profits, will need them when price go all the way down to support/demand zones 💯💥🔥

10 בדצמ׳

הערה

Back to our first support/Buy zone.
We can add some of the profits there, about 10%