• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Arbitrum (ARBUSD) Looks Good for Buy at $0.821 Price Level

Johnathon Fox
09/19/2023 | UPDATED ON: 09/19/2023

Arbitrum Price Forecast: September 19
The Arbitrum (ARBUSD) is on its way to the overhead trend levels and also looks good for a buy at the $0.821 resistance value. Based on the outlook, should the bulls push higher and close above the $1.039 high mark, a bullish breakout confirmation will reflect the improved market sentiment and this might push the coin price to the $1.150 upper supply trend level.

Key Levels:
Resistance Levels: $1.000, $1.050, $1.100
Support Levels: $0.800, $0.700, $0.600

ARBUSD Long-term Trend: Bullish (4H chart)
The ARBUSD market remains bullish on the higher time frame. This is clear as we can see the prices trading above the two EMAs and also looks good for a buy at the current price level.
Arbitrum (ARBUSD) Looks Good for Buy at $0.821 Price Level
The bulls’ activity at the $0.817 supply level in the previous action has made the coin price remain strong above the supply trend lines in its recent high.

The Arbitrum price on the 4-hour chart today is currently facing the overhead resistance and trading at the $0.821 correction level.

This breakout would be a better signal of a bullish recovery and may push the prices to the $1.039 previous supply mark which would retain the recovery pattern for a longer period.

Meanwhile, the market price of ARBUSD is pointing up on the stochastic, which means that the selling pressure has reached an exhaustion, the expected upside move in the price could be high at $200.00 value which also looks good for buying in the coming days in its long-term outlook.

ARBUSD Short-term Trend: Bullish (1H chart)
The ARBUSD pair is trading in a bullish market in its short-term outlook. The coin looks good for a buy position at the current price above the supply trend levels.
Arbitrum (ARBUSD) Looks Good for Buy at $0.821 Price Level
The coin was able to reach a high of $0.796 level in the previous action; this has made it possible for the crypto to remain above the resistance levels in its recent high.

The coin price finds a reliable resistance at around the $0.821 mark above the two EMAs, resulting in intraday gains as the 1-hour session resumes today. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.

Furthermore, Arbitrum price is in an upward direction as indicated by the price indicator, this implies a high possibility for bullish trend continuation.

As a result of that, the coin price might swing up to its recent swing high, which is the $0.863 supply level and this may possibly increase to the $200.00 supply mark in the coming days in the short-term outlook.

Place winning Arbitrum trades with us. Get ARB here

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Lucky Block Price Prediction: LBLOCKUSD Resuming a Fresh Uptrend
Next Post: Tamadoge (TAMA/USD) Price Is on a Base, Deeming with Spikes »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US