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$ARB : Arbitrum 📈🚨 1. ARB has fully retraced its entire uptrend and returned under $1 for a moment. We are now stabilizing above $1 which should prove to be a good high timeframe retracement. Price flushed as we broke down from the $1.40 level. This was a pretty quick breakdown. 2. For a long position, look for ARB to breakout at $1.21 with some good momentum. Good targets here are $1.28 and $1.353. 3. For a short position, look for price to return below $1.05, which will make it more likely for ARB to drift below $1 again. If this develops, good targets are $0.95 and the wick low around $0.86. #ARB/USTD #ArbitrumBOLD #bitcoin #BTC

$ARB : Arbitrum 📈🚨

1. ARB has fully retraced its entire uptrend and returned under $1 for a moment. We are now stabilizing above $1 which should prove to be a good high timeframe retracement.

Price flushed as we broke down from the $1.40 level. This was a pretty quick breakdown.

2. For a long position, look for ARB to breakout at $1.21 with some good momentum. Good targets here are $1.28 and $1.353.

3. For a short position, look for price to return below $1.05, which will make it more likely for ARB to drift below $1 again. If this develops, good targets are $0.95 and the wick low around $0.86.

#ARB/USTD #ArbitrumBOLD #bitcoin #BTC

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$LINK : Chainlink 🚨📊 1. LINK made it back to its previous range low level and is finding support there. This flush began as LINK broke below the recent lows at $16.40, leading us down to $11.80. We did make our way back to that level this week as the week's lows were put in, quickly saw a nice bounce back towards the yearly open. 2. The launch of CCIP helped LINK pump. LINK is becoming bigger than it ever was and CCIP will help LINK be used on other blockchains, making it a better currency around the space and accelerating the potential of Ethereum. 3. For a long position, look for a full reclaim of the yearly open at $14.942, good targets are $15.75 and $16.30. 4. For a short position, look for a continued breakdown of the monthly open at $13.128. As price accepts below it, price should drift below recent lows. Good targets are $12.65 and $11.80. #ETHETFS #LINKPrice #LINK/USDT🌐 #BTC
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1. MATIC has had a really good uptrend, but not the best performance out of many large caps as it has struggled breaking past key levels. The recent top was put in at the exact level where the pre FTX collapse highs were on November 7, 2022. 2. MATIC's flush from accepting under the yearly open led it to previous highs support at $0.65. Very steep correction for this coin, and I am unsure of the performance in the mid term or long term, as MATIC has not been an incredible performer. 3. The range we've been building has been good, as it provides a clear path for either direction. 4. Polygon has also started a major rebranding of MATIC to POL, and have been announcing some other technological advancements for the project. 5. For a long position, look for a reclaim of the $0.75 level as MATIC could begin to climb back up from this drop. Good levels here are $0.798 and $0.863. 6. For a short position, look for a breakdown of $0.67, the monthly open stands at $0.6672m use this to confirm a close below to begin moving lower. This will lead to another move down into the $0.63 and $0.593. #MATIC✅ #MaticOpportunity #ETHETFS
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$AVAX : Avalanche 🚨💰 1. AVAX got close to reattempting the $30 level with the previous wick lows standing there. It's recovered nicely from those lows and is back near the yearly open. 2. Whether this happens now or in 3 months, I believe these large caps will be great trades to make into the second half of the year. 3. For a long position, look for a reclaim of the yearly open at $38.57 followed by a move towards the previous range highs around $44. Under $44, I don't expect AVAX to do much. If AVAX reclaims the yearly open, expect a push to $41 and $44. 4. For a short position, look for a firm breakdown of the monthly open at $32.71, this would invalidate the recent uptrend and give way for a breakdown of the $30 level, with support levels standing at $28.75 and $26.50. #ETHETFS #BlackRock #altcoins #AVAX✅ #AVAX✈️
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$BTC Technical Analysis 🚨📊 1. Strong formation of lows at the $57k area with a nice reversal back into the range. The April 2021 ATH acting as our mid range level stays as our main resistance here, which I think will break this week. Look for a small dip to the strong levels below us such as $61800 or the monthly open at $60670. 2. My belief for this week is an expansion up to the $69k area, with a failed breakout at that level. With current market conditions and the ETF ETF approval period coming, I think we may see some more volatility. I do think the ETFs will get rejected and the market will take that badly. Generally May has never been a really bullish month. 3. Now that the Halving is in, focus your power on any upcoming uptrends. It won't be anything instant but it could take weeks to month to begin really pushing. These uptrends will be a lot more violent, and pullbacks will be too. 4. My main scenarios for this week: 1) Look for a dip to long, mainly the $61800 level or the monthly open at $60670, this would mark good entries on this chart, below the monthly open, things may invalidate. The main level to cross is $64850 before encountering the resistance at $67k. After that, look for a push to $69k, which will be my main take profit level for this coming week. I do not think higher will occur. 2) If price moves back below the $60670 monthly open, expect a breakdown of $60k and a move towards $58300 and $55600. #ETHETFS #altcoins #BTC #Memecoins
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$ARB : Arbitrum 💰🚨 1. ARB has fully retraced its entire uptrend and returned under $1 for a moment. We are now stabilizing above $1 which should prove to be a good high timeframe retracement. Price flushed as we broke down from the $1.40 level. This was a pretty quick breakdown. 2. It's formed a small channel as it bounced from $1 this past week. It also has a trendline ahead of it within the range it formed. 3. For a long position, look for ARB to breakout from the trendline thats ahead and cross the recent highs at $1.16.Good targets here are $1.21 and $1.28 4. For a short position, look for ARB to start drifting below $1 again. If this develops, good targets are $0.95 and the wick low around $0.86. #MicroStrategy #altcoins #ETHETFS #BlackRock
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