Hi friends,
In today's analysis, we pay attention to ARB in the Daily time frame.
We have a key resistance level in weekly and daily timeframes at the price level of $0.826.
As you can see, it is already priced in and has lost about 77% of its value from its local top.
We have a downtrend daily and 4-Hour Channel as marked on the chart. Also, volume is increasing, and it's a good sign.
We have an entry level for long positions after channel breaking from the upper side at the price of $0.3944.
Also, we can have our alarms on the price level of $0.5, which is good for spot entry.
In today's analysis, we pay attention to ARB in the Daily time frame.
We have a key resistance level in weekly and daily timeframes at the price level of $0.826.
As you can see, it is already priced in and has lost about 77% of its value from its local top.
We have a downtrend daily and 4-Hour Channel as marked on the chart. Also, volume is increasing, and it's a good sign.
We have an entry level for long positions after channel breaking from the upper side at the price of $0.3944.
Also, we can have our alarms on the price level of $0.5, which is good for spot entry.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.