Price-wise, in the long term, it's moving within a descending wedge - a reversal pattern where breaking above the upper boundary indicates a significant rise, at least to the last high.
If considering spot purchases, I would recommend entering gradually in the range between $1.5 and $1.3.
I've set several buy limit orders there now.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Arbitrum. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Arbitrum #Investment #ARB
If considering spot purchases, I would recommend entering gradually in the range between $1.5 and $1.3.
I've set several buy limit orders there now.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Arbitrum. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Arbitrum #Investment #ARB