Long trade #12 for Arbitrum ARB price

14 בספט׳ 2023

On March 31 this year, we published an idea with our thoughts on Arbitrum

For those who are too lazy to read, we wrote that at $0.72, we would take a closer look at the coin and see if it is worth buying. The minimum was $0.74.


Assuming that altcoins are finally "feeling their bottom," we can try the following long trade for ARBUSDT:
Enter = 0.7632
Stop = 0.7390 (- 3.17%)
TP = 0.9140 (+ 19.76%)
P/L ratio = 6.2

We allocate $10,000 for this trade
In the event of a mistake, we will lose $317
If the trade will be a success, we will receive a profit of $1976

What do you think about this trade, and what is your vision? Write about it in the comments!